Preheat the oven to 400°F (200°C) and line a baking sheet with parchment paper or foil.
Pat the chicken dry with paper towels to ensure crispy skin.
In a small bowl, mix the garlic powder, onion powder, paprika, dried thyme, salt, and black pepper.
Place the chicken in a large bowl, drizzle with olive oil, and toss to coat evenly.
Sprinkle the spice mixture over the chicken, rubbing it into the skin and underneath for maximum flavor.
Arrange the pieces skin-side up on the prepared baking sheet.
Roast for 35-45 minutes, or until the internal temperature reaches 165°F (74°C) and the skin is golden and crispy.
Let rest for 5 minutes before serving.