Typical Costs of
Starting a Business
(2005)
| |
Cost |
| Baht |
US $ |
| 1.
Visas |
Work
permit (new)
14 days |
750/1,500/3,000 |
19/38/77 |
One
year visa
30 days |
1,900 |
48 |
| Re-entry
visa 2 days |
1,000*/3,800 |
26*/97 |
| |
| 1a.
Visas (Typical fee chared by a law firm to process) |
| Work permit (new), 1-20
days |
38,000
|
970
|
| Visa Extension, 1-30 days |
25,000
|
638
|
| Re-entry visa, 2 days |
2,200
|
56
|
| |
| 2.
Registration (Official Government Fee) |
Company
registration
21 days |
5,500/1
million
(275,000 maximum)
|
138/US$25,000(*)
(US$6,875 maximum)
|
| List
2 Alien business license, 60 days |
40,000-500,000 |
1,006-12,750 |
| List 3 Alien
business license, 60 days |
20,000-250,000 |
500-6,400 |
| Factory
license 30 days |
500-60,000 |
13-1,500 |
| |
| 3.Accounting |
| Tax
returns and VAT |
20,000 yearly |
500 |
| Translation,
per page |
1.400 |
35 |
| Review/draft
contracts and agreements |
35,000 up |
900 |
| |
| 4.
Office achieved rents
(Cost/sq m/mth) |
| |
Central
Business District |
Non-CBD |
| Grade
A |
588 (US$15) |
400 (US$10.21) |
| Grade
B |
484 (US$12) |
345 (US$9) |
|
Notes:
These rents are inclusive of management fees and air-conditioning.
The rent-free
period ranges between one to two months.
Grade A
indicates
superior premises, Grade B somewhat less so.
|
|