Home - Company Registration Fee in Thailand (2025)
In 2025, starting a business in Thailand is one of the best decisions an entrepreneur can make. Thailand’s economy is thriving, with consistent growth in key industries like tourism, manufacturing, and exports.
However, before setting up a company in Thailand, it is essential to understand the business set up cost in Thailand. That’s why, S & F Consulting Firm is here to provide you with all the information you need about the company Registration fee in Thailand. Keep reading this article to learn all the details.
Check out the chart below to learn about the approximate costs of setting up a business in Thailand. Keep in mind that these figures are estimates and may vary based on various factors.
Type of Cost | Description | Estimated Cost (In THB) |
---|---|---|
Government Registration Fees | Fees paid to the Department of Business Development (DBD) for registering your company. | 6,000–10,000 (depends on registered capital) |
Preparing Memorandum of Association Fees | Cost for preparing the Memorandum of Association. This document is required for company formation in Thailand. | The minimum fee is 500 baht and the maximum fee is 25,000 baht. |
Legal Fees | Fees for hiring a lawyer or legal firm to assist with creating documents and company setup. | 10,000–25,000. (depends on the lawyer or firm, and the services they provide) |
Translation Fees | Cost to translate documents from English to Thai. | 500-550 THB |
Company Seal | Cost to prepare a company seal for official documents. | 500 THB |
Power of Attorney | Preparing the paperwork for appointing a lawyer and granting legal rights. | 1,000-2,000 THB |
VAT Registration Fee | Cost for registering for VAT if your business’s annual revenue exceeds THB 1.8 million. | 8,000- 9,000 THB |
Bank Account Opening Cost | Cost to open a bank account, including document preparation and coordination with banks. | 2000-3000 THB |
Document Shipment fee | Cost for shipping the necessary company registration documents during the process. | 2000-3000 THB (depends on the shipping location) |
Work Permit Fees | Cost to apply for work permits for foreign employees (if applicable). | 750 THB (3-months validity) |
1500 THB (3-6 months validity) | ||
3,000 THB (6-12 months validity) |
Permit or License Type | Description | Approximate Cost in THB |
---|---|---|
Factory License | It is required for businesses involved in manufacturing activities. | 100,000 THB |
Import/Export License | This license is required for businesses involved in importing or exporting goods. | 40,000 to 60,000 THB |
Food license | Required for businesses that handle, prepare, or sell food products. | 2,000-3,000 THB (depends on the size of the restaurant) |
Hotel License | It’s required for hotels, guesthouses, and other accommodation businesses. | 10,000 to 40,000 THB (depends on the type of hotel) |
Here are some of the factors that cause company Registration fees to vary in Thailand:
1
The amount of capital you declare when incorporating your company will influence the fees. In Thailand, the minimum Registrationd capital for a limited company is usually 1 million Baht. However, the higher the capital you declare, the higher the Registration fee will be.
2
The location where you Registration your business in Thailand can affect the fees. Fees may vary slightly depending on whether you are incorporating in Bangkok or a provincial area. Bangkok tends to have higher administrative fees compared to smaller cities.
3
Hiring a lawyer to handle the Registration process can increase the overall fee. These costs can include document translation, notarization, and other legal services necessary to comply with Thai law.
4
Many businesses opt to use service providers or consultants to help with the Registration process. These services add to the Registration fee but can save you time and effort. The fees for consultants vary based on their level of expertise and the complexity of your business.
5
Inflation in Thailand can influence the cost of incorporating a company. When inflation rises, administrative costs may increase. This can lead to higher Registration fees. The cost of goods and services, including legal services and paperwork, tends to rise with inflation.
6
Political disruption can also affect Registration fees in Thailand. Political instability might lead to delays or increased costs for businesses. Changes in government policies and regulations can cause fees to fluctuate. It is important to stay informed about the political climate when planning your business Registration.
incorporating a company in Thailand as a foreigner involves several costs, such as:
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