Close a Company in Taiwan

Close a Company in Taiwan

Taiwan has a bankruptcy legislation which guarantees creditors their right to share the assets of the bankrupt company proportionally. Secured interests in property are acknowledged as and put into practice through a registration system. In this article, our company formation agents in Taiwan explain how to close a company in…
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The Share Capital in Taiwan

The Share Capital in Taiwan

In Taiwan, the minimum share capital for setting up a company limited by shares is zero, except if the entity is doing business in an industry which is required by the appropriate authority to have a minimum amount of capital or if it hires a foreign citizen who effectuates work…
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Top 5 Investment Industries in Taiwan

Top 5 Investment Industries in Taiwan

Different economic factors and industry conditions are playing as favorite parameters for entrepreneurs in Taiwan. SMBs are raising at important rates in revenues and volume. The country is registering smaller unemployment rates and the trade surplus is well maintained. In this article, our company formation advisors in Taiwan explain which…
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Hire Taiwanese Workforce

Hire Taiwanese Workforce

The main laws and regulations which govern the working relations in Taiwan are the Labor Standards Act 1984 and the Employment Services Act 1992. As follows, our company formation advisors in Taiwan explain a few aspects pertaining hiring Taiwanese workforce.   Foreign employee work policy in Taiwan The main principle…
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Why Invest in Taiwan?

Why Invest in Taiwan?

Taiwan is one of the East Asian countries with a great potential for development, offering investors a great choice when it comes to investing their assets. Here are a few reasons why invest in Taiwan from our company formation advisors in Taiwan. 1. Taiwan has a great geographic location Situated…
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Changing Company Types in Taiwan

Changing Company Types in Taiwan

Entrepreneurs who intend to change their company types in Taiwan have to know that the way to achieve this is by closing down their existing companies and setting up new ones under the preferred forms. As follows, our company formation agents in Taiwan explain various aspects related to changing company…
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Taiwan Citizenship by Descent

Taiwan Citizenship by Descent

A foreigner is entitled to acquire citizenship in Taiwan based on few legal grounds. The basic ways are by birth, by marriage, by naturalization; one can also obtain Taiwan citizenship by descent and for the latter, few options apply, based on the law enforced in this country. If you plan…
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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…
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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…
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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,…
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