THAILANDSICThailand Standard Industrial Classification

TSIC Activity

68104

Renting and operating of self-owned or leased non-residential buildings

การเช่าและการดำเนินการเกี่ยวกับอสังหาริมทรัพย์ที่เป็นของ ตนเองหรือเช่าจากผู้อื่นที่ไม่ใช่เพื่อเป็นที่พักอาศัย

What this activity covers

Companies in this sector lease and operate non-residential buildings and real estate for various commercial purposes.

  • Non-residential leasing — Leasing of factories, offices, and storage buildings
  • Event space operation — Management of venues for events
  • Commercial property management — Overseeing non-residential real estate
  • Land leasing — Leasing of land for commercial use
  • Real estate development — Owner-operated projects for rental purposes

What companies here also do

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

  • Real estate sales — Buying and selling of real estate properties
  • Storage services — Leasing space for goods storage

Foreign ownership

List 1: Closed to foreign majorityinherited from 681

Land trading

The mapped TSIC group covers real estate activities with own or leased property, which is broader than the trading of land the Act restricts. Foreign land ownership is separately restricted under the Land Code.

FBA B.E. 2542, List 1 (9)

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.

16,742
active companies operate here
฿1199.4Bregistered capital, combined
฿350.7B
Sector revenue · 2025
+10% since 2023
฿74.1B
Net profit · 2025
8,131 profitable
202320242025

net profitrevenue

Foreign investment

new registrations · 2026 YTD
19%of new registered capital is foreign-held
฿154.4M foreign฿673.4M Thai

Foreigners are actively investing in this activity.

New in 2026

338-6.4%

registrations, YTD

Registered capital

฿1199.4B+6.2%

since year-end

Largest by registered capital

  1. 1Quantum D.C. Public Company LimitedBangkok฿82.9B
  2. 2Asset World Retail Co., Ltd.Bangkok฿32.0B
  3. 3WHA Venture Holding Co., Ltd.Samut Prakan฿25.0B

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.

2,321
Registered
since 2022
2,171
Still active
150
Dissolved
฿1.0M
Median capital
of active

New registrations per year

2022peak 598 in 20242026

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