Services to Support Taiwan incorporation |
|
||||||||||||||||
| The following are some of the most frequently asked questions about Taiwan Company Formation: | |||||||||||||||||
| How difficult is it to open a corporate bank account for a Taiwan company? | |||||||||||||||||
| What is the minimum number of directors required for a Taiwan company? | |||||||||||||||||
| What is the minimum number of shareholders required for a Taiwan company? | |||||||||||||||||
| Can my company be 100% foreign owned? | |||||||||||||||||
| What are the minimum capital requirements for a Taiwan company? | |||||||||||||||||
| Is a Taiwan company required to submit an annual tax return and/or financial statements? | |||||||||||||||||
| How much tax does a Taiwan Company pay? | |||||||||||||||||
| Does a Taiwan company benefit from Double Taxation treaties? | |||||||||||||||||
|
|
|||||||||||||||||
| How difficult is it to open a corporate bank account for a Taiwan company? It is straightforward to open a corporate bank account in Taiwan. |
|||||||||||||||||
| What is the minimum number of directors required for a Taiwan company? Under statutory regulations, a Taiwan company requires a minimum of three directors. |
|||||||||||||||||
| What is the minimum number of shareholders required for a Taiwan company? A minimum of two shareholders is required. If the shareholder is a corporate shareholder a minimum of one shareholder is required. |
|||||||||||||||||
| Can my company be 100% foreign owned? Yes. |
|||||||||||||||||
| What are the minimum capital requirements for a Taiwan company? A Taiwan company requires a minimum capital of US$30,000. |
|||||||||||||||||
| Is a Taiwan company required to submit an annual tax return and/or financial statements? A Taiwan company is required to submit audited financial statements annually. |
|||||||||||||||||
| How much tax does a Taiwan Company pay? A Taiwanese company is liable to pay a corporate tax rate of 17% on all income generated in Taiwan. The Taiwan government has approved two tax cuts recently, reducing the tax rate from 25%. In addition a Taiwanese company is obliged to register for value added tax (VAT), which is levied at a regular rate of 5%. |
|||||||||||||||||
| Does a Taiwan company benefit from Double Taxation treaties? Taiwan has signed Double Taxation Treaties with 30 countries, including Australia, Belgium, Denmark, Gambia, Indonesia, Macedonia, Malaysia, the Netherlands, New Zealand, Senegal, Singapore, South Africa, Swaziland, Sweden, Vietnam and UK. |
|||||||||||||||||
| Contact Us | |||||||||||||||||
| For more information on any of our Taiwan corporate services, e-mail email@healyconsultants.com or telephone us at (+65) 6735 0120. | |||||||||||||||||
| Back to Taiwan Company Formation page. | |||||||||||||||||
Buy Healy Consultants' Asia Business Set Up book, to order call +65 6735 0120 or e-mail email@healyconsultants.com
