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…
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…
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…
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…
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…
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…
As an investor in Taiwan you could set up a limited liability company which gives you the possibility to bear financial responsibility only for your part of investment. This Taiwan legal structure is similar to the limited liability legal forms available anywhere in the world, which allows foreign entrepreneurs to easily…
By establishing a branch in Taiwan foreign investors can extend their business and bring their products or services closer to the Taiwanese public. Without having a distinct legal personality from the parent company, a branch will not take by itself the major decisions and at the same time it won’t…
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…
Taiwan is a country in which economic development and business growth are a visible reality. Many foreign investors choose the island of Taiwan to set up a company. Since the legal framework and the requirements might vary in Taiwan from the other places in the world, it is recommendable to seek…