Business Registration
Step-by-Step Guide
This guide provides a structured approach to starting various types of businesses, such as a branch office, a representative office, a private limited liability company or a company limited by shares as a subsidiary, a general partnership, a limited partnership, or a sole proprietorship for registration in Taiwan.
Step 1: Decide on a Business Structure
Step 2: Get Chinese and English Company Name Approval
Step 3: Find Premises
Step 4: Obtain Registration, Incorporation and Permit
Step 5: Taxation
Step 6: A case study: Registering a Private Limited Liability Company
Step 1:
Decide on a Business Structure
The first step is to determine which type of business structure is appropriate for your activities and investment plans. Options in Taiwan include branch offices, representative offices, private limited companies, companies limited by shares, partnerships and sole proprietorships.
The appropriate structure depends on factors such as ownership, business activities, investment plans and ongoing compliance requirements.
Step 2:
Chinese and English Company Name Approval
Before proceeding with company registration, the proposed Chinese and English company names must be checked and approved.
The name approval and reservation process is an important part of establishing a new business in Taiwan.
Step 3:
Find Premises
A business established in Taiwan generally requires an appropriate registered business address. Documentation establishing the right to use the premises may be required as part of the incorporation or registration process.
Step 4:
Registration, Incorporation and Permit
After the business structure, company name and premises have been determined, the required incorporation and registration procedures can be completed.
Depending on the ownership structure and business activities, foreign investors may also need to complete investment procedures or obtain additional permits, licenses or approvals.
Step 5:
Taxation
Establishing a company also creates ongoing tax and accounting responsibilities. Depending on the company’s activities and circumstances, these may include corporate income tax, VAT, withholding tax and other compliance requirements.
Good Earth CPA provides accounting and tax compliance services to businesses operating in Taiwan.
Step6:
Case study: registering a private limited liability company
A private limited company is a common structure for foreign investors establishing an operating business in Taiwan.
Our case study provides an example of the registration, taxation and ongoing compliance considerations involved in establishing and operating a Taiwan private limited company.
Step 6: A case study: Registering a Private Limited Liability Company