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What are the estimated annual holding costs for maintaining a Thai company?
Thai company registrationannual holding costsvisa requirementswork permit costsbusiness taxation in Thailandcompany maintenance feesexpat business costslegal requirements in Thailandaccounting for Thai companies
Jan 28, 2025
a year ago
Jack ****************
ORIGINAL POSTERWhat is the approximate annual holding cost of a Thai company? Just the pure overhead of registration/maintenance...
TLDR : Answer Summary
The annual holding costs of a Thai company can vary significantly based on multiple factors including the type of business entity, legal requirements, and operational activities. Initial registration and an immigration card for a first-time setup can cost around $5,000. For ongoing maintenance, costs can be approximately $12,000 to $15,000 annually for a non-active company. Other expenses may include lawyer fees, accounting services, and potential payments for 51% Thai partners if applicable. Specific numbers may vary based on the nature and scale of the business, with some expats reporting costs as low as 350 Baht for small operations, while others incurred up to £9,000 over two years.
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Andrew *******
Last year I spoke to an agent in regards to becoming part owner in a currently running Thai owner bar and the registration and visa was quoted at 65k baht and 35k baht for work permit and yes of course there would be staff cost to get work permit but as bar has staff that's not an issue, this quick quote was given to by Magna Carta on South Pattaya road just by the junction with the big yellow Tony's fitness place
Tony ******
It's approximately 12 to 15 K a year for non active company
Jack ****************
ORIGINAL POSTER@Tony *****
12-15k in what currencyTony ******
@Jack ***************
Thai BHTJack ****************
ORIGINAL POSTER@Tony *****
I saw someone say 5k USD and it seemed absurdJack ****************
ORIGINAL POSTER@Tony *****
so you are up charging 300%Tony ******
@Jack ***************
what you talking about you said someone is done it for 5 K I was joking about 2 .5Tony ******
@Jack ***************
I do it every year 😀 tell them I'll get it done for him 2.5 K USDReply to
Tony ******
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Janin ******
@Tony *****
non active = illegal! Police is on the look out for them…Reply to
Janin ******
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Samuel ********
what do you need 4 Thai employees for?
Graham ******
@Samuel *******
to meet the regulationsReply to
Graham ******
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Tohksic ******
Depends. Are you talking about an illegal nominee company to hold land/property, or a legit entity?
Richard ********
@Tohksic *****
sure he talk about thatReply to
Richard ********
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Wim ************
For my shop (small groceriestore 100 m2) 350 Baht for one year, because we sell alcohol.
Sergiu ******
Apart from company and visa ….plus work permit
Take into account lawyer , some so called Thai partners 51% and measures , monthly accountant , 4 employees tax, and way many other things.
For 2 years I paid £9k, obviously I was scammed , but not many goes cheaper .
Take into account lawyer , some so called Thai partners 51% and measures , monthly accountant , 4 employees tax, and way many other things.
For 2 years I paid £9k, obviously I was scammed , but not many goes cheaper .
Rashid ********
Registration+one year immigration card= 5k$ first time ..
Rest depends on your business activities as per the taxation system.
Rest depends on your business activities as per the taxation system.
Tai **********
Tai **********
It depends where you live, you should use one where you are. At least I prefer so I can go see them .
Abhishek *******
@Tai *********
do you know a good agent? thanks . I was quoted 140k baht and seems too muchRashid ********
@Abhishek ******
yes I know a good person who’s clean and honest.Reply to
Rashid ********
Reply
Carsten ************
@Rashid *******
Seems you got scamed. Not even including non-b and work permit it's 5k USD, and including the sso for the 4 Thai employees.Reply to
Carsten ************
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