Type of Entity Branch Office of Foreign Company Subsidiary Limited Company Company Limited by Shares Character Foreign companies apply for recognition and set up branch office, for doing business in Taiwan. Shareholders apply for an independent corporation, for doing business in Taiwan. Company Name Translate foreign company name into Chinese language and apply for name verification. Name company & apply for name verification Documents 1. Certificates of the status of foreign companies /nationals 2. Authorization letter of proxy which legalized by Taiwan embassy 3. Investment plans Minimum Number of Shareholders 0 1 1-2 (Note 1) Minimum Number of Directors 1 (Note 2) 1 3 Minimum Number of Supervisors N/A N/A 1 Corporate Directors Permitted No (Note 2) No Requirement for Local Directors No Requirement for Local Supervisors N/A No Requirement for Registered Office Yes Requirement for Local Meeting No Yes Minimum Authorized Capital(Note3) Requirement for share certificates N/A No […]
Introduction to The Statute for Repatriation of Offshore Funds In response to the changes of international situation (such as U.S.-China trade war, Economic Substance Act requirements and the wave of global anti-tax avoidance), the Taiwan Government has planned three tax incentives. Besides, Taiwanese enterprises may have the need to restructure their investment structure and the global operation formation so as to repatriate funds to Taiwan. Taiwan government is also encouraging Taiwanese enterprises to repatriate funds which have been placed overseas in the past to Taiwan for industrial upgrading or reinvestment. The first item is to provide a taxation consulting service. The Taiwan Executive Yuan approved the program “Bring back investments from overseas Taiwanese enterprises” on 17 December 2018. The implementation period of the above program is 3 years (from 1 January 2019 to 31 December 2021). It is oriented to the needs of enterprises. It provides a customized single-window service […]
1. Report to Department of Commerce, MOEA of registration particulars of foreign head office and establishment of representative office Documents required: Application form Certificate of incorporation issued by the government authority (authenticated by the representative of the Taiwan government in the country where the foreign head office is resident) and Chinese translation Business registration certificate (for Hong Kong companies only) (authenticated by the representative of the Taiwan government in the country where the foreign head office is resident) and Chinese translation Power of attorney appointing the legal representative in Taiwan (authenticated by the representative of the Taiwan government in Hong Kong) and Chinese translation Photocopy of the ID card of the litigation / non-litigation agent in Taiwan (if a Taiwan national) Photocopy of the passport of the litigation / non-litigation agent in Taiwan (if a foreign national) Photocopy of Hong Kong permanent ID card (if the litigation / non-litigation agent […]