New Business Registrations Surge 7.5% in First Four Months
Thailand registered 6,454 new businesses in April 2025, down 14.94% from March but up 2% year-over-year, with internet retail and food service sectors showing strongest growth. For January–April, 29,679 businesses were established with regi
New business closures reached 4,217 registrations in the first four months of 2025, up 7.5 percent. Poonpong Naiyanapakorn, Director-General of the Department of Business Development (DBD) under the Ministry of Commerce, revealed findings from April 2025 business registration analysis showing 6,454 newly established businesses. Compared to the previous month, this represents a decline of 14.94 percent, though year-over-year figures show a 2 percent increase.
Registered capital totaled 22.765 billion baht in April, increasing by 3.265 billion baht (16.74 percent) from the previous month, but declining 29.17 percent compared to the same period last year. One notable registration was TT1 Holdings Company Limited with registered capital of 7.843 billion baht, operating primarily as a non-financial holding company and investor in various limited and public limited companies domestically and internationally.
For the four-month period from January to April 2025, a total of 29,679 new businesses were established, representing a 1.56 percent decline compared to the same period in 2024. Accumulated registered capital reached 81.341 billion baht, up 27.41 percent.
Analysis of business establishment growth trends identified three expanding sectors:
1) Internet retail businesses: 801 registrations, an increase of 274 (51.99 percent) with registered capital of 1.121 billion baht 2) Other supporting services not classified elsewhere: 333 registrations, an increase of 194 (139.57 percent) with registered capital of 275 million baht 3) Restaurants and food service businesses: 1,408 registrations, an increase of 171 (13.82 percent year-over-year) with registered capital of 2.335 billion baht
Business closure registrations in April 2025 reached 981, down 11.70 percent from the previous month and up 20.52 percent year-over-year, with closed registered capital of 5.214 billion baht. For the four-month period, business closures totaled 4,217, up 7.55 percent, with accumulated closed capital of 26.258 billion baht, up 64.21 percent.
As of April 30, 2025, total registered businesses nationwide stood at 2,079,756 with combined registered capital of 32.29 trillion baht.
Naiyanapakorn noted that fluctuations in business registration numbers do not necessarily reflect actual business conditions, stating they represent only partial indicators. He attributed the April decline partly to intensified enforcement against unregistered businesses and increased business closures.
