Establishing a company

Process

Procedures

Working days

Reservation of company name
Apply for Foreign Investment Approval (FIA) status
Open bank account and remit capital
  1. Photo copy of shareholder's ID

  2. Provide 5 company name in the order of your preference

  3. Scope of business

  4. Local contact address - address of preparatory office, if available

1 - 2 

  1. Photocopy of identification , photocopy of  passport (individual shareholders OR photocopy of certificate for company shareholder

  2. Power of attorney (POA) to appoint us to file application on your behalf. Sample will be provided. The POA needs to be notarized by a government agency or a court or a notary public  or Taipei Office in  your country.

  1. Representative needs to go to bank in person. 

  2. If the representative is not a Taiwanese resident, the representative needs to obtain a Taiwan ID number through Immigration authority.

  3. Capital should be remitted from shareholders' overseas accounts

30 - 35 

*** Note: The representative needs to go to bank to convert preparatory bank account to official bank account after establishment of the company.

Submit proof of remittance to Investment Commission
  1. Provide advice of remittance, foreign exchange memo to Investment Commission

  2. Obtain Foreign Investment Approval letter

 7 - 10

Company 
registration
  1. Apply to company registration authority for company registration

  2. Obtain company identification number

 7 - 10

Business
registration
  1. Representative needs to go to tax office to acknowledge being appointed as a representative by signing a document

 14 - 21