Current theories of massless free particle assume unitary space inversion and anti-unitary time reversal operators. In so doing robust classes of possible theories are discarded. In the present work theories of massless systems are derived through a strictly deductive development from the principle of relativistic invariance, so that a kind of space inversion or time reversal operator is ruled out only if it causes inconsistencies. As results, new classes of consistent theories for massless isolated systems are explicitly determined. On the (...) other hand, the approach determines definite constraints implied by the invariance principle; they were ignored by some past investigations that, as a consequence, turn out to be not consistent with the invariance principle. Also the problem of the localizability for massless systems is reconsidered within the new theoretical framework, obtaining a generalization and a deeper detailing of previous results. (shrink)