฿850 billion (~US$24B)
Market Size
7.2%
Annual Growth
350,000+
Restaurants
25,000+
New/Year
฿2.4 million/year
Avg Revenue
3.6 million
Employed
Estimated investment ranges based on restaurant size and concept (in THB)
฿300,000 - ฿1,500,000
Street food cart, small noodle shop or cafe
฿1,500,000 - ฿5,000,000
Casual dining restaurant (30-80 seats)
฿5,000,000 - ฿20,000,000
Fine dining or hotel restaurant (80+ seats)
Essential permits you'll need to legally operate a restaurant in Thailand
Register Co., Ltd. or sole proprietorship with DBD
Authority: Department of Business Development (DBD)
Required for any restaurant under Public Health Act
Authority: BMA / Local Municipality (เทศบาล)
Sanitation and hygiene approval for premises and staff
Authority: Department of Health
Required to sell beer, wine, or spirits
Authority: Excise Department (กรมสรรพสามิต)
Optional, required only if selling cigarettes
Authority: Excise Department
Required if offering live music or after-midnight operation
Authority: Local Police / Ministry of Interior
Required for foreign-majority ownership (or use Thai partner)
Authority: Ministry of Commerce
Sales Tax / VAT
VAT: 7% (mandatory if revenue > ฿1.8M/year)
Corporate Tax
20% (SME: 0% first ฿300k, 15% next ฿2.7M)
Employment Tax
Social Security: 5% employer + 5% employee
Important compliance requirements for restaurant operators in Thailand
Government and industry resources to help you get started in Thailand