Costs and Fees for Company Formation in Thailand 2025 are seeing important updates: starting January, government registration fees are capped at 0.1% of registered capital, with a new minimum of THB 500 and a maximum fee of THB 100,000 per application.

Have you reviewed your setup budget for industry licenses, notary costs, and essential annual audits? Unexpected charges for translations, address requirements, and statutory filings frequently surprise new business owners in Thailand, leading to unplanned expenses or launch delays.

Company registration costs Thailand government fees service charges expenses

Understanding exactly what you must pay and when, makes a measurable difference for compliance and budgeting in 2025. With regulatory clarity on the rise, this guide gives professionals, founders, and legal teams the current numbers, hidden fees, and practical strategies you need to make informed choices and protect your company’s bottom line from day one.

Key Takeaways

  • Government registration fees in 2025 are linked to capital: Pay 0.1% of registered capital (minimum THB 500, maximum THB 100,000) when forming a Thai company, so accurate capital planning directly impacts your upfront costs.
  • Industry-specific licenses can add significant setup costs: Sectors like tourism, food, or finance may require additional permits ranging from THB 5,000 to THB 50,000+ and can extend approval timelines by up to 120 days.
  • Legal and consultancy services typically start at THB 10,000-30,000: Comprehensive packages with notary and governance support can reach THB 20,000-50,000, with complex or foreign-owned structures often costing more.
  • Notary and document costs are essential recurring expenses: Budget THB 2,000-5,000 per document for notarization, certified translations, or powers of attorney, as errors or resubmissions can cause delays and extra charges.
  • Hidden costs, such as stamp duties and signage, commonly add THB 10,000-30,000+: Bank account setup, courier fees, and company seal production increase the total spend, so include these in advance budgeting.
  • Annual compliance is mandatory and includes DBD filings and statutory audits: Expect THB 80,000-100,000 in yearly expenses for filings, payroll, and audit fees to maintain legal status and avoid penalties.
  • Non-compliance can result in fines up to THB 20,000 per offense: Late filings and missed deadlines risk company suspension and added legal costs, so work with licensed professionals to ensure timely compliance.
  • Thailand’s company setup costs are regionally competitive: Founders should budget THB 50,000-80,000 for a straightforward setup, while foreign-majority ownership or special licenses may require THB 100,000-500,000+ for full compliance and regulatory approval.

Government Fees for Company Formation Thailand 2025

Required Registration Fees in 2025

For 2025, government registration fees for company formation in Thailand are set at 0.1% of registered capital. The minimum fee is THB 500, while the maximum is THB 100,000 per application.

Most private limited companies must hold a minimum registered capital of THB 1 million. For example, registering THB 1 million results in a THB 1,000 government fee.

Key steps and costs by entity type include:

  • Private Limited Company: 0.1% of capital (THB 500-100,000)
  • Branch, Representative, or Public Limited Company: Similar rate, but additional formalities apply

For detailed, current rates, see the Department of Business Development (DBD).

Industry-Specific Licenses & Extra Approvals

Several sectors require special licenses or additional approvals after company registration.

Typical licenses and fees include:

  • Foreign Business License (FBL): THB 20,000-40,000
  • Food and Drug Administration (FDA): From THB 5,000
  • Tourism Business License: THB 10,000-50,000
  • Financial Services Licenses: Varies by activity

Most industry licenses require extra documentation, with timelines from 30 to 120 days. Costly delays can happen if requirements are missed.

Access authoritative fee tables and sector updates through the Ministry of Commerce.

A clear understanding of these costs helps businesses avoid surprises and stay compliant from day one.

Legal and consultancy fees for Thai company formation in 2025 typically start from THB 10,000-30,000 for legal setup and THB 20,000-50,000 for comprehensive packages, including notary and governance support.

Standard setup packages from accredited law and accounting firms often cover:

  • Statutory document drafting
  • DBD registration submissions
  • Company seal assistance
  • Tax ID application

For foreign-majority, BOI, or Amity Treaty companies, costs are usually higher due to extra capital, documentation, and regulatory needs.

All-in packages by international consultancies can reach USD $4,000-$40,000 depending on complexity.

Notary, Documentation & Translation Costs

Expect THB 2,000-5,000 per document for notarized sets, power of attorney, or official translations.

Key documentation moments include:

  • Notarization for foreign directors or shareholders
  • Certified translations into Thai for all primary documents
  • Power of attorney when authorizing third-party representation

Mistakes or re-issuance may add another THB 2,000-8,000 per document and can delay launch by several days.

A clear budget for professional and notary fees, with extra for industry or ownership complexities, ensures smoother, error-free company formation in Thailand.

Hidden & Unexpected Company Setup Costs

Common Hidden Expenses in Thailand

Unexpected expenses can add up quickly when starting a Thai company in 2025, making careful budgeting essential from the outset.

Frequently overlooked charges include:

  • Stamp duties for official documents
  • Company seal production (typically THB 1,000-3,000)
  • External signage (ranging from THB 5,000-20,000)
  • Courier or delivery fees for document filings
  • Publishing government notices or Gazette entries

Administrative extras such as:

  • Director background verification
  • Miscellaneous certifications or approvals
  • Bank account setup: Initial deposits (banks may request THB 10,000-50,000)
  • Document handling and certified translation costs

Many new companies underestimate the impact of small, recurring costs on overall budgets.

Avoiding Costly Registration Mistakes

The most efficient safeguard is a proprietary pre-registration compliance checklist tailored to your business model.

Preventable cost drivers often include:

  • Skipping detailed address verification, causing failed registrations
  • Nominee director mishaps leading to re-issuance fees
  • Over-reliance on unverified “fixers” instead of regulated law or accounting firms
  • Missing key certification deadlines, resulting in late penalties

Working with licensed professionals, not unvetted intermediaries, ensures accuracy for all filings.

Detailed, up-front planning of all administrative tasks saves time and minimizes the need for corrective filings down the line.

Ongoing Maintenance Fees & Compliance 2025

Annual Fees for Thai Companies

Annual company compliance in Thailand typically requires budgeting for several mandatory expenses.

Most private limited companies should anticipate:

  • DBD (Department of Business Development) annual filings: THB 500-1,000
  • Statutory annual audit: THB 20,000-50,000
  • Monthly bookkeeping and accounting: from THB 5,000 per month
  • Payroll and social fund contributions: cost varies by staff numbers
  • Work permit renewal (per foreign employee): THB 3,000 annually
  • VAT compliance (if revenue exceeds THB 1.8 million): VAT at 7% and related filings
  • Industry-specific or regulatory licenses: THB 5,000-50,000 as required

Every Thai company must budget for yearly audits and DBD filings to remain compliant in 2025.

Penalties & Risks of Non-Compliance

Failure to file annual documents or pay taxes on time can immediately result in:

  • Late filing fines (up to THB 20,000 per offense)
  • Risk of company suspension or dissolution for repeated non-compliance
  • Long-term hidden costs: damaged reputation, legal challenges, re-registration fees

According to the Revenue Department of Thailand, audit and tax non-compliance can initiate additional tax assessments and penalties starting at 1.5% monthly.

Businesses should always confirm the latest requirements via official channels and retain records for recommended periods.

Budgeting for these recurring fees ensures legal operating status and preserves your corporate standing. For 2025, factoring compliance into your cash flow planning is essential to avoid compounding administrative costs.

Thailand vs Regional Company Formation Costs 2025

Comparing Thai Costs with ASEAN Countries

For 2025, Thailand’s company formation costs are competitive within Southeast Asia, but structure and compliance vary significantly by country.

The average base cost for company formation in each nation is:

  • Thailand: THB 50,000-80,000 (USD $1,400-$2,200) for straightforward local setups
  • Singapore: SGD 2,000-3,000 (USD $1,500-$2,100) for basic incorporation
  • Vietnam: VND 15-35 million (USD $600-$1,400)
  • Malaysia: MYR 3,000-6,000 (USD $650-$1,300)
  • Indonesia: IDR 10-25 million (USD $650-$1,600)

Each country differs in:

  • Professional/legal service fees and required local agents
  • Minimum capital requirements and speed of registration
  • Ongoing compliance: audit, payroll, tax, and reporting obligations

Consult the ASEAN SME Policy Index for the latest cross-border regulatory scores.

When Higher Thai Fees Offer Better Value

Thai setup costs can be higher for foreign-majority or regulated companies. However, you may gain substantial value through:

  • Incentives: Board of Investment (BOI) tax breaks, skilled local labor, and easier work permit pathways
  • Lower long-term costs when factoring “total cost of ownership”: annual compliance is generally stable, and public filing requirements are transparent
  • Thailand’s balanced regulatory environment supports scalability and regional expansion

Thailand’s incentives can offset upfront costs by unlocking long-term access to Southeast Asia’s second-largest economy.

For strategic growth and ongoing compliance, Thailand offers a pragmatic balance of cost, transparency, and market access, appealing to business owners seeking predictability and opportunity.

FAQ: Thai Company Formation Costs 2025

What costs and compliance details matter most for your 2025 company setup in Thailand? This FAQ covers essential minimum capital, local vs. foreign cost differences, address solutions, and total budget expectations.

Minimum Capital for Private Limited Companies

  • Standard minimum registered capital: THB 1 million
  • Foreign-owned company with work permit needs: THB 2-3 million per permit, as required for visa sponsorship

Cost Differences: Foreign vs Local Ownership

  • Foreign-majority ownership: usually higher legal, due diligence, and compliance fees
  • Additional capital required for work permit sponsorships
  • Special structures (Amity, BOI, branch offices): may raise costs above THB 100,000-500,000

Virtual Office & Address Rental Costs

  • Virtual offices are permitted for registration in select locations
  • Base address rental: typically THB 1,000-5,000/month

Total Estimated Setup Cost in 2025

  • For local shareholders: typically THB 50,000-80,000 covers registration, legal, notary, and accounting basics
  • Complex or foreign-owned structures: budget THB 100,000-500,000+ for licensing, documentation, and additional services

A clear budget and understanding of government policy help Thai company founders control costs and avoid unexpected expenses. Proper planning now can reduce delays and support sustainable growth.

Conclusion

Smart budgeting and attention to compliance give you a decisive edge when forming your Thai company in 2025 ensuring your launch is cost-efficient, timely, and scalable for growth.

Start by mapping out your unique requirements, listing every fee, and setting aside a buffer for licensing or translation contingencies.

Contact us for tailored guidance, transparent fee structuring, and ongoing support. With Themis Partner you can focus on building your business with confidence and clarity.