Company Formation in Taiwan
Asia-Pacific
Overview
Taiwan is strategically located in the heart of the Asia-Pacific region, making it an ideal hub for leveraging global manufacturing resources and market relationships. It boasts strong economic ties with major global economies, competitive tax rates, a supportive environment for foreign professionals, and a robust intellectual property framework, making it an attractive destination for company formation.
Our Process
Step 1: Choose Legal Entity Type
Select the appropriate legal entity for your company, such as a private company, branch, or representative office, considering capital requirements.
Step 2: Name Reservation
Reserve a unique Chinese name for your company or representative office with the relevant authorities.
Step 3: Investment Application
Foreign investors must submit an investment application form and related documents to the Ministry of Economic Affairs.
Step 4: Provisional Bank Account Opening
Open a provisional bank account in the name of the intended company (private individual, with company name mentioned) to inject capital. Times vary by bank (1-7 days for local, 2-4 weeks for international).
Step 5: Capital Injection & Audit
Transfer capital from the investor's overseas bank account and engage a local certified public accountant to prepare a capital audit report.
Step 6: Company/Representative Office Registration
Submit required documents (application form, office lease agreement, articles of incorporation) to the Ministry of Economic Affairs for official registration.
Step 7: Tax Registration
Register the company with the local tax authorities, which may include a tax interview to understand business operations.
Step 8: Official Bank Account Opening
Transfer funds from the provisional account to the official corporate bank account, with processing times similar to the provisional account.
Key Requirements
- Certified passport copies of representative, shareholders, and directors
- Certified Power of Attorney
- Organizational structure
- Investment plan (including business model and financial plan for the Taiwan company)
- Proof of good standing and residence for participants (as requested)