This guide provides current, data-driven insights on the average costs of forming and maintaining a standard private limited company in Thailand in 2025. All figures are presented in Thai baht (THB), and USD conversions are included to allow for immediate comparative analysis (using an exchange rate of 1 THB = $0.0285 USD).
Overview of Company Creation Costs in Thailand (2025)
The total average cost to register a private limited company in Thailand is ฿25,000 (approx. $713 USD). The costs include legal obligations such as minimum capital, as well as required government fees. Below is a detailed table highlighting each component:
| Cost Item | Amount (THB) | Amount (USD) |
|---|---|---|
| Minimum capital requirement | ฿15,000 | $428 |
| Company name reservation fee | ฿20 | $0.57 |
| Registration fee (typical small company) | ฿5,000 | $143 |
| Stamp duty for company registration | ฿200 | $5.70 |
| Legal/lawyer fees (average for standard incorporation) | ฿4,800 | $137 |
| Document certification/notary fees | ฿500 | $14 |
| Company seal | ฿480 | $13.68 |
| Total (average) | ฿25,000 | $713 |
These values reflect typical startup costs for a new standard private limited company in Thailand. Costs may vary for larger or smaller companies, especially as registration fees scale with registered capital.
Annual Maintenance Costs for Thai Companies
For ongoing operations, standard private limited companies in Thailand face mandatory annual compliance obligations and optional professional fees. The minimum annual maintenance cost starts at ฿12,000 (approx. $342 USD), but may reach ฿35,000 (about $998 USD), depending on the services and employee count. Below is a breakdown for 2025:
| Maintenance Item | Amount (THB) | Amount (USD) |
|---|---|---|
| Annual audit/accounting fees (min) | ฿12,000 | $342 |
| Annual government filing fee | ฿800 | $23 |
| Tax filing fees (outsourced, typical) | ฿3,000 | $85.50 |
| Legal/lawyer retainer (optional but common) | ฿5,000 | $143 |
| Social security (min for 1 employee) | ฿7,200 | $205 |
| Other admin/secretarial (optional) | ฿5,000 | $143 |
| Annual Minimum Total | ฿12,000 | $342 |
| Potential Maximum (with optional services and 1 employee) | ฿35,000 | $998 |
The actual maintenance expenses will depend on a firm’s need for professional services, number of employees, and operational complexity. However, a small company can generally expect to spend in this range each year for compliance and administrative requirements.
Key Sources for Company Setup and Maintenance Costs
All cost data referenced above is sourced from reputable, official, or government-adjacent organizations. For further verification or official guidance on Thai company registration and compliance, consult the following government pages:
Pro Tips for Managing Thai Company Setup and Maintenance Costs
- Carefully verify all projected costs with updated government schedules or local advisors, as certain fees (like registration charges) can vary with company capital.
- Consider whether optional annual legal retainers or secretarial services are necessary for your business model—these can be a significant part of maintenance costs.
- If you plan to hire staff, budget for mandatory social security contributions (at least ฿7,200/$205 per year for one employee).
- Set aside funds for annual accounting and audit obligations, which are legally required regardless of business size in Thailand.
- Utilize available government resources or consult with legal professionals early in the process to avoid unnecessary, repeated filings and associated fees.
Thailand offers moderate entry and ongoing compliance costs for standard company establishment relative to some neighboring countries. The minimum registered capital and government filing fees are straightforward, but optional legal and administrative services can increase your annual obligations. For most small and standard businesses, the required expenses remain predictable. If you are considering company formation in Thailand, ensuring thorough cost planning for both one-time and recurring fees will support stable, compliant business operations in 2025 and beyond.