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Company Formation in Taiwan

Get started with your Taiwan company formation.

Located off the south-eastern coast of mainland China, Taiwan is the 7th largest economy in Asia. Given its geographic advantages, business-friendly policies and stable business environment, multinational companies and individuals often utilize Taiwan as a strategic location to serve emerging consumer markets such as China, Japan and the ASEAN region. With low inflation, low unemployment, consistent trade surpluses and high amounts of foreign reserves, company formation in Taiwan has become a popular means to do business in Asia. Taiwan has thus become one of the world’s most successful economies over the past several decades and represents an attractive destination for international investors.

Our services include: 

  • Foreign company/branch set up application
  • Tax number application
  • Tax agent representation
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We offer a unique delivery model with technology that enables us to provide an unrivalled service which has successfully supported more than five hundred companies.

Benefits of Company Formation in Taiwan

  • Taiwan company law has created a practical business environment that emphasizes economic freedom
  • Beneficial tax treatments for foreign investors
  • Sound legal environment suited for business
  • Close proximity to emerging consumer markets

Taiwan Company Formation Requirements

Company formation in Taiwan only requires a minimum of only 1 shareholder and 1 director, however corporate directors are not allowed. There are no nationality or residency restrictions imposed on these two positions. In addition, the position of company secretary and supervisor are not required under Taiwan Company Law

Unlike many other countries, Taiwan does not impose requirements on the minimum amount of registered capital. However, Taiwan formed companies are required to engage a practicing accountant in Taiwan to issue a capital verification report upon successful injection of the registered capital.

A Taiwan company must maintain a registered business address in Taiwan. The registered address must be a physical address as PO Boxes cannot be used. In addition, such addresses must be located in a commercial building.

Annual Maintenance

  • Companies with paid-in capital or bank credit facilities in excess of NTD30 million are required to have their financial statements audited annually by certified public accountants
  • Annual board meeting and shareholder meetings
  • Annual tax returns
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FAQs

Are there any public disclosure requirements for key members of a company?


Yes. The identities of the directors and supervisor of a Taiwan company are publicly disclosed while the identities of the shareholders are not. However, to the extent that a shareholder also acts as a director or supervisor (including corporate shareholders), their identity will be disclosed.

 

How long will it take me to complete the Taiwan company formation process? 


Company formation in Taiwan typically takes approximately 4 to 6 weeks.

 

Is it possible to purchase a ready-made shelf company in Taiwan? 


No. It is not possible to purchase such a company. Parties interested in conducting business in Taiwan should undergo the company formation process to create a new Taiwan company.

 

Do I require special licenses to conduct business in Taiwan? 


To conduct business in Taiwan, special licenses/permits are required for certain business activities. Such activities include banking, securities, telecommunications and manufacturing. Besides this, Taiwan companies may carry on its business after the completion of its company formation process and business registration.

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