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Company Registration Fee in Thailand

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Company Registration Fee in Thailand

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.

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What is the Company Registration Fee in Thailand?

  1. The cost of company Registration in Thailand ranges from 30,000 - 80,000 THB. Please note that this cost includes the government fees for setting up the company and opening a bank account.
  2. After you open a company in Thailand, you must obtain relevant licenses that can cost anywhere between 2,000 THB and 100,000 THB.
  3. Renting a physical office will cost about 500-1,000 THB per sq. meter every month depending on the location. Virtual office rent is noticeably lower.
  4. The most common type of company in Thailand for foreigners is the Limited Liability Company. You need to pay a fee of 5,500 THB for every 1,000,000 THB of Registrationd capital.
  5. If foreigners Incorporate a company in Thailand under List Two or List Three, the registered capital must be at least 3,000,000 THB.
  6. Obtaining the Foreign Business License costs about 40,000 - 500,000 THB depending on the business type.
Company Registration Fee in Thailand
  • sfconsultingbd.com
    Company Registration in Thailand: THB 30,000–80,000 (Incl. Gov Fees & Bank Setup)
  • sfconsultingbd.com
    Business Licenses in Thailand: THB 2,000–100,000 After Company Setup
  • sfconsultingbd.com
    Office Rent in Thailand: THB 500–1,000/Sq.m/Month; Virtual Offices Cost Less
  • sfconsultingbd.com
    Thailand LLC: Most Common for Foreigners; THB 5,500 per THB 1M Capital
  • sfconsultingbd.com
    Foreign Companies (List 2/3): Minimum THB 3M Registrationd Capital Required
  • sfconsultingbd.com
    Foreign Business License: THB 40,000–500,000 Based on Business Type
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Breakdown of Thailand Company Registration Cost

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)
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Fees for Obtaining Specific Business License or Permits in Thailand

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)
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Factors Affecting Company Registration Fees in Thailand

Here are some of the factors that cause company Registration fees to vary in Thailand:

1

Registrationd Capital

Step

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.

Company Registration Fee in Thailand

2

Business Location

Step

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.

Company Registration Fee in Thailand

3

Legal and Administrative Costs

Step

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.

Company Registration Fee in Thailand

4

Service Providers and Consultants

Step

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.

Company Registration Fee in Thailand

5

Inflation

Step

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.

Company Registration Fee in Thailand

6

Political Issues

Step

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.

Company Registration Fee in Thailand
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What is the Cost of Company Registration in Thailand for Foreigners?

incorporating a company in Thailand as a foreigner involves several costs, such as:

Government Registration Fees

  1. Private Limited Company: If you want to Registration a private limited company in Thailand, the fee is 5,500 THB for every 1,000,000 THB of Registrationd capital. There is a minimum fee of 5,000 THB.
Company Registration Fee in Thailand

Registrationd Capital Requirements

  1. In Thailand, if you own a foreign company that operates in List Two or List Three of the Foreign Business Act, you must have a minimum Registrationd capital of 3,000,000 THB. If you plan to engage in multiple business activities or need more work permits, you should increase the Registrationd capital accordingly.
Company Registration Fee in Thailand

Foreign Business License:

  1. Foreign-majority-owned companies may need to obtain a Foreign Business License to operate legally in Thailand. The government fee for obtaining this license is approximately 40,000 to 500,000 THB.
Company Registration Fee in Thailand

Additional Costs:

  1. Work Permits: If you or other foreigners will work in the company, a work permit costs around 750 THB for a three-month permit, 1500 THB for three-six months, and 3,000 THB for six months to one year. Thai Ltd
  2. Office Rent: Renting office space varies by location. For instance, the average rent for Grade A office space in Bangkok, Thailand is around THB 936 to 950 per square meter per month.
Company Registration Fee in Thailand
Article Reviewed By

Md Forhad Hossain

(BA-Hons, MBA, LL.B, LL.M)

Meet Md. Forhad Hossain – is an expert in company registration with over 14 years of experience. He has helped more than 400 businesses in Malaysia and over 7,000 clients from around the world start their journey successfully.

Forhad is passionate about making business registration simple and stress-free. His knowledge and dedication have earned him the trust of entrepreneurs worldwide.

If you’re looking for someone to guide you, Md. Forhad Hossain is the name you can Rely on.

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Frequently Asked Questions

The business setup cost in Thailand is about 35,000 - 200,000. This cost includes government fees, legal fees, license fees, and office rent.

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