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Foreign Investment in Establishing a Company in Taiwan
Want to know the complete process of foreign investment in establishing a company in Taiwan? Don't worry, we provide a comprehensive guide to the foreign company establishment process, including required documents, application steps, timelines, and costs. Let us assist you in achieving your business goals in Taiwan seamlessly.
Process for Foreign Investment and Foreigners Starting a Company in Taiwan
Delegate Yiita for company registration
Consultation Service Fee: Half of the establishment fee, which will be fully credited against the establishment cost upon completion of the company setup.
Establishing a Foreign-Invested Company in Taiwan
Refer to the Application Process Below (Foreign Currency Investment). Documents to Prepare, Services Handled by Yiita.
Completion of Registration with the Ministry of Economic Affairs
Obtain the Unified Business Number and pay the final payment (after deducting consultation fees). Proceed with steps 5.1 and 5.a after confirming the payment.
Apply for Business Registration (Local National Taxation Bureaus)
Apply for Import and Export Registration (Bureau of Foreign Trade, Ministry of Economic Affairs)
Get approval from the National Taxation Bureau; responsible person signs.
Apply for Import and Export Registration (Bureau of Foreign Trade, Ministry of Economic Affairs)
Handle the Purchase of Invoice Certificates
Entrust bookkeeping services, with Yiita accompanying and procuring Uniform Invoices on behalf.
Company registration is completed, officially commencing business operations.
Entrust Bookkeeping
File bi-monthly business tax: Report the business tax for the previous two months before the 15th day of January, March, May, July, September, and November.
Entrust an Accountant for Tax Certification
Application Process (Foreign Currency Investment)
Submit the company-name reservation
Prepare 2–3 proposed names, 2–10 business activities, and identification for the proposed responsible person.
Apply for foreign investment approval
Documents may include an authenticated agent authorization, authenticated legal-entity registration evidence, a foreign-investor declaration, and passport copies.
Open a preparatory company bank account
The bank may request the approved name reservation, the proposed responsible person’s seal, the original passport, and a Taiwan identification-number record.
Remit the capital
Foreign shareholders remit investment funds from abroad; domestic shareholders remit their subscribed capital.
Apply for investment-amount verification
Prepare the investment approval, inward-remittance notice, foreign-exchange memo, and bank passbook copy as applicable.
Prepare registered-address documents
Prepare the lease, owner’s consent, and house tax statement.
Prepare shareholder and governance documents
Documents may include the investment approval, articles, director and supervisor appointments, signed consents, CPA engagement, authenticated legal-entity evidence, representative appointment, passport copy, and CPA capital verification report.
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