| Taiwan have the best geographical structure, as it situates right in the middle of Asia, and with advanced airport and free trade harbors that makes transportation, transfer, etc. simple and fast. Hence many international companies will use Taiwan as the launch pad to enter into China. Many international companies such as Yulon Nissan Motor Co., Shuttle Co, HSBC Bank, Intel, LG Micron, and many more, which are some of the major companies, which we had the opportunity to work with, choose to come and invest in Taiwan. Our firm offers professional and commercial advices to the companies/factories across the Greater China, agent for establishment of company, branch/representative offices, custom affairs, furnish legal aspects for commercial investment planning, Intellectual Property related matter and all other legal matters that might occur. Moreover, many specialized attorneys who are fluent in Mandarin, Taiwanese and English also make our commercial department one of our strongest departments in the firm. The procedure for Foreign Investment can be briefly described as follows: |
| Foreigners |
 |
| Apply for Reservation of Company Name and Scope of the Business 1.Set up Enterprise：Department of Commerce, MOEA 2.Set up Business Firms：Local city/county government |
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| Application for Foreign Investment Approval Investment Commission, MOEA |
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| Remit capital in Bank |
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| Capital Verification and Approval Investment Commission, MOEA |
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| Company Registration 1. Paid-in capital which is more than NT$500 million：Department of Commerce, MOEA 2. Paid-in capital which is less than NT$500 million：Central Office of MOEA, Taipei City Government or Kaohsiung City Government |
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| Apply for a Business License Local city/country government |
| As we can derive from the above, planning to invest to establishment of the company, involves 2 departments from MOEA, namely: 1. Investment Commission, which one will encounter in the initial stage as it audit and granting the planning of the investment in Taiwan; and 2. Department of Commerce, which is responsible for any and all related matters in regards to registration of the company. Once should always keep in mind that due to different business operating properties, the approval and registration process may be effected by other departments’ rules and regulations, for example Board of International Trade and Science Park Regulation Board. |
| Furthermore, there are different types of entity, which can establish in Taiwan, namely: ~ Company, like unlimited company, limited company, unlimited company with limited liability shareholders, company limited by shares, Subsidiaries and affiliates; ~ Branch offices; and ~ Representative office. |
|
Company |
Limited Company |
Branch Office |
Representative Office |
Minimum Fund |
NT$ 500,000 |
NT$ 250,000 |
Non |
Non |
Shareholders |
Twso or More |
One or More | Non |
Non |
Legal Status |
Independent legal personality possessed |
Possess no legal personality. Right and duty beard by parent company |
Possess no legal personality |
|
Tax Filing |
Yes |
Yes |
No |
|
Restrictions |
According to the scope of the business |
According to the scope of the business |
Business transacting forbidden, provided purchasing, contracting, and quoting |
|
Time Required |
5~6 Weeks |
4 Weeks |
2 Weeks |
|