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Taiwan Company Registration

Updated:2017-7-24 14:09:32    Source:www.tannet-group.comViews:105

Taiwan company registration is also referred to as Taiwan corporate formation or Taiwan business incorporation. Taiwan is an island in East Asia; located 180 kilometers off the southeastern coast of mainland China across the Taiwan Strait. It has an area of 35,883 km2 and spans the Tropic of Cancer. The East China Sea lies to the north, the Philippine Sea to the east, the Luzon Strait directly to the south and the South China Sea to the southwest. Taiwan proper makes up 99% of the territory of the Free Area controlled by the Republic of China since the ROC lost its mainland China territory in the Chinese Civil War and fled to the island in 1949; the ROC itself is commonly referred to as simply "Taiwan".

Taiwan is a tilted fault block, characterized by the contrast between the eastern two-thirds, consisting mostly of five rugged mountain ranges parallel to the east coast, and the flat to gently rolling plains of the western third, where the majority of Taiwan's population reside. There are several peaks over 3,500 m, the highest being Yu Shan at 3,952 meters, making Taiwan the world's fourth-highest island.

Taiwan Company Registration- Types of Taiwan Company
1.Representative Office
Registered under company name as an office permitted to coordinate activities with the aim of enhancing communication with Government authorities, suppliers or customers.
2.Subsidiary / Branch office
Registered under company name and permitted to carry out business-related activities, signing of agreement and contract as well as issuing invoice.
3.Subsidiary
Registered under name of natural person or legal representative and is deemed as a separate entity from the holding company. Permitted to run activities under the name of individual company, e.g. to get listed on the stock exchange or to purchase properties.

Taiwan Company Registration- Company Name
Type of company must be shown in the company name. It is prohibited to use any name which is same or similar company name with others, related to government or non-profit organizations or not accordance to the public order and moral standards:
For Representative Office (Name of holding company + Taiwan RO);
For Subsidiary / Branch office (Holding company region + Name of holding company + Business Nature + Organizational structure);
For Subsidiary (Region of subsidiary + Company Name + Organizational structure)

Taiwan Company Registration- Registered Capital
Recommended to be 500,000 TWD, no stamp duty incurred for increase of registered capital, requirement to have 100% paid up capital (once off).

Taiwan Company Registration- Shareholders & Directors
A minimum of one shareholder and one director, can be the same person and with no nationality restriction. Shareholders and directors must be at least 18 years of age and must not be bankrupt or convicted for any malpractice in the past. There is no requirement for the directors to also be shareholders, i.e. non-shareholders can be appointed directors.

Taiwan Company Registration- Registered Address
Taiwan address is required for registration purpose. Tannet will be able to provide registered address.

Taiwan Company Registration- Business nature
The business nature of company is basically not limited. It is to be presented during registration. There is no restriction on the business nature, other than some controlled or special industries, such as media, advertising, financial related industries.

Taiwan Company Registration- Documents & Information Required
Chinese company name in traditional Chinese (3 – 5 names)
Business nature
Passport copies (Person in charge and shareholder)
Authorization letter appointing agents (Notarized)
Business Plan
Shareholding ratio
Latest housing tax return copy
Property ownership certificate copy
Lease / Rental Contract copy

Contact Us
If you have further enquire, please do not hesitate to contact Tannet at anytime, anywhere by simply visiting Tannet’s website www.tannet-group.net, or calling  Hong Kong hotline at 852-27826888 or China hotline at 86-755-82143422, or emailing to tannet-solution@hotmail.com.

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