🇹🇭 Cost of Setting Up in Thailand

Complete cost breakdown for company formation in Thailand — formation fees, annual compliance, office space, and structure-specific costs.

Cost Overview

Cost Breakdown (USD)

Formation Cost

THB 30,000–100,000

Annual Compliance

THB 50,000–200,000

Office Space

THB 5,000–15,000/month (virtual office); THB 20,000–80,000/month (physical office in Bangkok)

Cost by Structure

Private Limited Company (Co., Ltd.)

Minimum CapitalNo statutory minimum (THB 2 million registered capital required for each foreign work permit)

Annual CostTHB 50,000–200,000

Setup Timeline2–4 weeks

Representative Office (RO)

Minimum CapitalNone (funded by parent company)

Annual CostTHB 80,000–200,000

Setup Timeline4–8 weeks

This content is educational and does not constitute legal or tax advice. Always consult a qualified professional for your specific situation. Data last verified March 2026.