Establishing a company
Process
Procedures
Working days
Reservation of company name
Apply for Foreign Investment Approval (FIA) status
Open bank account and remit capital
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Photo copy of shareholder's ID
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Provide 5 company name in the order of your preference
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Scope of business
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Local contact address - address of preparatory office, if available
1 - 2
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Photocopy of identification , photocopy of passport (individual shareholders OR photocopy of certificate for company shareholder
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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.
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Representative needs to go to bank in person.
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If the representative is not a Taiwanese resident, the representative needs to obtain a Taiwan ID number through Immigration authority.
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Capital should be remitted from shareholders' overseas accounts
30 - 35
1
*** 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
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Provide advice of remittance, foreign exchange memo to Investment Commission
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Obtain Foreign Investment Approval letter
7 - 10
Company
registration
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Apply to company registration authority for company registration
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Obtain company identification number
7 - 10
Business
registration
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Representative needs to go to tax office to acknowledge being appointed as a representative by signing a document