THAILANDSICThailand Standard Industrial Classification

TSIC Activity

49329

Other passenger land transport, not elsewhere classified

ประกอบกิจการให้บริการเช่ารถยนต์ รถตู้ รถโดยสาร และยานพาหนะทุกประเภท พร้อมพนักงานขับรถ

What this activity covers

Companies provide various unscheduled passenger transport services, including car rentals and ride-hailing.

  • Car rental services — Rental of passenger cars with drivers for sightseeing
  • Sightseeing transport — Tourist and occasional car services, including city tours
  • Human-powered transport — Passenger transportation using human or animal power
  • Unscheduled transport — Other non-scheduled land passenger transportation
  • Ride-hailing services — Electronic media-based passenger transport

What companies here also do

Seen in real company registrations under this code — beyond the official definition, so licensing may differ.

  • Employee transport — Transportation services for employees and tourists
  • Public transport services — Provision of public transportation options
  • Vehicle leasing — Leasing cars with or without drivers

Foreign ownership

List 2: Restricted, Cabinet routeinherited from 49

Domestic transportation by land, water or air, including the domestic airline business

Domestic transportation only. International carriage falls outside this item, and sector laws impose their own foreign shareholding caps.

FBA B.E. 2542, List 2, Chapter 1 (2)Routes: Cabinet permission, US Treaty of Amity

Auto-mapped, verify against the Act. These TSIC mappings are indicative, not legal advice; the schedules of the Foreign Business Act B.E. 2542 are the authority. See the full foreign ownership reference.

Industry at a glance

as of 23 ก.ค. 69

The whole registered industry under this activity, every registration year, from the DBD DataWarehouse.

2,958
active companies operate here
฿13.4Bregistered capital, combined
฿34.5B
Sector revenue · 2025
+23% since 2023
฿402.2M
Net profit · 2025
1,471 profitable
202320242025

net profitrevenue

Foreign investment

new registrations · 2026 YTD
2%of new registered capital is foreign-held
฿2.1M foreign฿103.1M Thai

Almost entirely Thai-held — little foreign capital enters here.

1 of the 5 largest companies here are foreign-owned Thailand subsidiaries.

New in 2026

80+8.1%

registrations, YTD

Registered capital

฿13.4B+21.4%

since year-end

Largest by revenue

Latest filed-year revenue, not a multi-year total

  1. 1Transport Co., Ltd.฿2.1B
  2. 2Kritsada Burapha Transport Co., Ltd.฿1.7B
  3. 3BOLT SUPPORT SERVICES (THAILAND) CO., LTD.intl฿1.7B
  4. 4ASIA THAI TRANSPORT CO., LTD.฿701.6M
  5. 5Thepsombat Co., Ltd.฿696.3M

Largest by registered capital

  1. 1Innopower Co., Ltd.Bangkok฿1.9B
  2. 2First Transport Co., Ltd.Bangkok฿1.5B
  3. 3Thanakham Engineering Co., Ltd.Bangkok฿900.0M

Source: Department of Business Development DataWarehouse. Financial figures are combined totals of companies that filed statements; revenue and profit shown for the latest three reporting years.

Companies registered since 2022

Browse all

New DBD registrations under this activity since 2022, the period the registry snapshot covers, not the full historical register.

592
Registered
since 2022
557
Still active
35
Dissolved
฿1.0M
Median capital
of active

New registrations per year

2022peak 169 in 20232026

Largest active companies by registered capital

Source: Department of Business Development (DBD) new-registration records, 2022 to present. Counts cover companies first registered in that window, reflect the latest snapshot load, and may lag the live register.

Emerhub

Restricted activity? There is usually a route.

Emerhub structures foreign-owned companies around FBA restrictions: Foreign Business Licence applications, BOI promotion, and compliant shareholding structures. Talk through your case before you commit to one.

Talk to Emerhub Thailand