Fees and timelines in 2022
Fees
Thailand company incorporation costs in Year 1 amount to US$5,475. The average fee per Thailand engagement is outlined in the table below. These fees include Thailand company incorporation, opening corporate bank accounts, and all government fees:
| Different Thailand entity types | Average setup fee | Average engagement period | Draft Invoice |
|---|---|---|---|
| Thailand 49% LLC | US$29,777 | 19 weeks | View invoice PDF |
| Amity treaty LLC | US$19,837 | 14 weeks | View invoice PDF |
| Thai 100% LLC | US$34,777 | 19 weeks | View invoice PDF |
| Thai FZ | US$32,877 | 12 weeks | View invoice PDF |
| Thai fast business setup solution | US$43,532 | 14 weeks | View invoice PDF |
| Branch of a foreign company | US$17,925 | 12 weeks | View invoice PDF |
| Representative office | US$17,925 | 12 weeks | View invoice PDF |
| Regional operating headquarter | US$15,925 | 14 weeks | View invoice PDF |
| PLC | US$16,225 | 12 weeks | View invoice PDF |
| Limited partnership | US$14,490 | 14 weeks | View invoice PDF |
| Private foundation | US$22,350 | 1 year | View invoice PDF |
| BOI Thailand LLC | US$32,827 | View invoice PDF |
Click here to create your own Thailand invoice
Timelines
The average Thailand business incorporation engagement period is 19 weeks as outlined below:
| LLC | Branch office | Rep office | |
|---|---|---|---|
| Engagement planning | 2 weeks | 2 weeks | 2 weeks |
| Company incorporation | 8 weeks | 6 weeks | 6 weeks |
| Corporate bank account approval | 4 weeks | 3 weeks | 3 weeks |
| Corporate internet banking approval | 3 weeks | 3 weeks | 3 weeks |
| Engagement completion | 2 weeks | 1 week | 1 week |
| Total engagement period | 19 weeks | 12 weeks | 12 weeks |
