It can be delayed until a large percentage of the team has started on the project, or at least the core project team.
A team kick off should serve a few purposes. It is a perfect opportunity for everyone to gain a common understanding of what the project is all about, set expectations on how everyone should operate, share the role of each team member and most importantly provide an opportunity to bond and get to know each other on a more personal level.
The concept of the team kick off can also be used at particular milestones or points where you can bring the team back together for a refresher and a reconnection, plus a bit of time out. Also if the composition of the team changes it is a chance to bond with new members.
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