Trademark Registration

Formation of Taiwan Company - Background

 

Accolade Corporate Services Limited

Rm 701-2, 7/F, Fu Fai Commercial Centre, 27 Hillier Street, Sheung Wan, Hong Kong.


Tel .+852 3521 2888
Fax +852 3521 2800
Email info@accolade.hk

........ info@accoladegroup.com.hk

 

WhatsApp/WeChat:

HK LTD......... +852 6567 0408

Offshore ..... +852 9635 6038

Accounting .. +852 6728 7840

 

 

Beijing Branch

Room B032, 8/F, Block A, U-Town, Sanfeng Beili Building No.1, Chao Yang District, Beijing , China.

 

China Hotline +86 1057164618

 

 

Office Hours﹕

Monday to Friday 09:00 - 18:00

Saturday, Sunday and Public Holiday Off

 

 

 

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Background


While investing in Taiwan, you have four choices at your discretion. The characteristics and difference are analyzed below to facilitate the most suitable selection:

 

Limited Company

Branch Company

Rep-Office

Price:

HK$24,000

HK$24,000

HK$20,000

Capital Structure

Where the shareholders are foreign judicial (corporate) persons or individuals

Where the head office is a foreign corporation

Where the head office is a foreign corporation

Eligible to operate business

Yes

Yes

No

Eligible to import and export

Yes

Yes

No

Eligible to be a judicial (corporate) person

Yes

No

No

Minimum number of shareholders

1 natural persons (individuals) or 1 judicial (corporate) person minimum

Nil

Nil

Minimum number of shareholders

1 director,
1 investment agent

1 representative, 1 manager

1 representative,

Registration address

Any legal building can use to register

Any legal building can use to register

Any legal building can use to register

Suggest minimum capital required

Unrestricted which must be remitted into Taiwan from a foreign territory

Unrestricted which must be remitted into Taiwan from a foreign territory

Nil

Eligible to issue stocks to public

No

No

No

Eligible to provide labor insurance/national health insurance for employee

Yes

Yes

Yes

Eligible to open bank account

Yes

Yes

Yes

Eligible to open account to invest in stocks

Yes

No

No

Application for foreign worker permit

Managers, technicians

Managers, technicians

Representative

Uniform invoice required

Yes

Yes

No

Ration of business tax (VAT)

5%

5%

No

Ratio of income tax

17%

17%

No

Ratio of withholding from earning allocation

20%

No withholding

No

Ratio of extra tax on unappropriated retained earnings

10%

No extra tax

No

Applicable targets

-A good choice for a foreign individual to obtain work permit in Taiwan by means of investment
-May invest in stock market and real estate in Taiwan
-A good choice for small and medium enterprises which can accept taxation up to 33.6%.

-A good choice for all sorts of enterprises which intend to gain high profits and high level tax savings.
-A good choice for small and medium enterprises which can accept taxation up to 17% .

-A good choice for a business which is not required to import and export or invoice in Taiwan.
-A good choice for Taiwanese employees of Taiwan investors assigned to station in Mainland China but receive pay and get insured for labor insurance/national health insurance in Taiwan.
-A good choice for a business which engages in offshore trade or render offshore technological services.

Development & restrictions

-Not permitted to issue stock to public until having been reorganized into a company limited by shares.
-May set up branch(es) of its own in Taiwan.

-May only have working capital in Taiwan but have no concept of shares. Not permitted to issue stocks to public.
-Not permitted to invest in stock market in Taiwan
-The Head Office may set up multiple branches in Taiwan.
-Difficult to obtain loans.

-Not permitted to operate business.
-May only have working capital in Taiwan but have no concept of shares. Not permitted to issue stocks to public or to list in Taiwan Stock Exchange Corporation (TSEC) or OTC

Documents which should be authenticated upon incorporation

1.License of the parent company
2.Power of attorney issued to the agent au34 for the investment formalities

1.License of the parent company
2.Articles of incorporation of the parent company
3.Minutes of the parent company’s board of directors meeting
4.Power of attorney of the representative
5. Power of attorney of the manager

1.License of the parent company
2.Power of attorney of the representative