Close a Company in Taiwan

Close a Company in Taiwan

Taiwan has a bankruptcy legislation that guarantees creditors their right to share the assets of the bankrupt company proportionally. Secured interests in property are acknowledged and put into practice through a registration system. In this article, our company formation agents in Taiwan explain how to close a company in Taiwan.…
Read More
Obtaining Residence Permit in Taiwan

Obtaining Residence Permit in Taiwan

Foreign citizens who have regular passports or other travel documents and want to live in Taiwan for more than six months in order to join their families, to effectuate their studies, work, invest, do missionary work or do other accepted activities are eligible for the residence permit in Taiwan. In…
Read More
Establish a Subsidiary in Taiwan

Establish a Subsidiary in Taiwan

Subsidiaries in Taiwan are registered as companies according to the Company Law of Taiwan. Prior to setting up a subsidiary here, the parent company has to effectuate a background check for the company name which will be registered with the Commercial Department at the Ministry of Economic Affairs. Our company formation…
Read More
Taxation in Taiwan

Taxation in Taiwan

All legal entities, sole proprietorships and partnerships, as well as branches in Taiwan of parent companies from abroad, which have an income of TWD 50,000 (USD 1,706) or more, must acquit taxes on their profits derived from Taiwan at a rate of 15%. Businesses also have to pay the VAT,…
Read More
Holding Companies in Taiwan

Holding Companies in Taiwan

As a general definition, holding companies are legal entities which do not have any operations, activities or other active businesses. Instead, they own assets, which can be shares of stock in other companies, private equity funds, hedge funds, publicly traded shares, bonds, real estate and so on. As follows, our company formation agents…
Read More