Taiwan company incorporation

8 steps to incorporating in Taiwan

    Taiwan business services
  1. Before incorporating a Taiwan business, our Client i) settles Healy Consultants’ fees ii) Mails us all the necessary due diligence documents iii) signs and returns our Client engagement letter;
  2. To help our Client understand how to set up a business in Taiwan, Healy Consultants drafts a detailed Taiwan resident company setup engagement project, mapping out by week each step to engagement completion, optimizing transparency, and setting Client expectations;
  3. Before Taiwan company formation, Healy Consultants reserves the company name (in Chinese) with the relevant Taiwan institutions and obtains pre-approval of Foreign Investment Application from the Taiwan Investment Board. The exact corporate structure is agreed with our Client;
  4. Our Client is required to travel to Taiwan to open a temporary corporate bank account for capital remittance during Taiwan company formation. Thereafter Healy Consultants will apply to the Taiwan Investment Commission for the remittance verification and get the capital audited by a Taiwan CPA firm. Healy Consultants can only proceed with the Taiwan company registration following completion of the above;
  5. Prior to our Client second visit to Taiwan, Healy Consultants will submit Taiwan business registration application to the Taiwan Tax Bureau. Thereafter our Client is required to personally attend a tax interview with the Tax Bureau to finalise the company incorporation process. During this visit, our Client can convert the preparatory corporate bank account to a permanent corporate bank account and apply for the online banking facilities;
  6. Healy Consultants will assist in applying and obtaining employment passes from the respective departments for Taiwan company formation;
  7. A full company kit is couriered to our Client upon successful completion of an engagement during Taiwan company incorporation. The kit includes Taiwan original corporate documents, unopened bank agreements, and a Client feedback form;
  8. To provide further support to our Clients Taiwan business, our Client is given a business address for billing purposes. Additionally our Client may wish to opt for the following services: i) Taiwan virtual office, ii) Fax and email support for their company.

Taiwan business setup

Taiwan business servicesTaiwan company set up is straightforward thanks to Healy Consultants’ transparent, logical engagement procedures. The following is an overview of the main Taiwan company set up procedures:

  1. Prior to Taiwan company set up, our Client i) signs Healy Consultants’ engagement letter ii) provides us with due diligence documents, including passport copies, proof of address, and details of the company’s intended activities and iii) settles our fees;
  2. Our Client and Healy Consultants then agree the company name and the optimum corporate structure, including shareholders and directors. Healy Consultants provides our Client with a detailed engagement plan, outlining a roadmap for Taiwan company set up, thereby minimizing unwanted surprises and meeting Client expectations;
  3. To support Taiwan company set up, Healy Consultants Incorporation Team will check the uniqueness of company name and, if available, reserve the company name and apply for the approval to operate from Ministry of Economic Affairs (MOEA);
  4. Healy Consultants Incorporation Team will apply for business license and taxpayer identification number from Taipei Municipal Government;
  5. Following Taiwan company set up, Healy Consultants Company Secretary Team prepares all post incorporation documents, including minutes of the first meeting, preparation of By Laws, issuance of initial Share Certificates;
  6. After the Taiwan company set up, Healy Consultants provides our Client with a complete company kit including i) original Certificate of Incorporation ii) a bound copy of the Taiwan government-approved Articles of Association iii) original share certificates iv) an original Taiwanese government receipt as evidence of payment of annual Taiwan company registration and license fees;
  7. To support Taiwan company set up, Healy Consultants opens a corporate bank account on behalf of our Client with a large international bank such as HSBC, Standard Chartered or Citibank. Healy Consultants also provides a local business address, along with telephone, fax and email service, to support Taiwan company set up;
  8. Healy Consultants incorporates the company with Taiwan’s Ministry of Economic Affairs with the correct corporate structure;
  9. On our Client’s behalf, Healy Consultants assists in recruiting local staff to support Taiwan company set up;
  10. Following Taiwan company set up, Healy Consultants e-mails an Engagement Feedback Survey to our Client.

Contact us

For additional information on our company incorporation services in Taiwan, you can email us at email@healyconsultants.com or phone us at +65 6735 0120. Address: 6F., No. 378, ChangChun Rd., Taipei, 104, Taiwan R.O.C. Alternatively contact our in-house country expert whose details are below: