Frequently Asked Questions (FAQ)
Q1 Where can I download official guidelines and documents for Taiwan company registration?
You can access official application guidelines and regulatory document packages directly from the Ministry of Economic Affairs (MOEA) portal here:
📄 Download Official MOEA Guidelines (PDF)Q2 Can a foreign individual or entity 100% own a company in Taiwan?
Yes. Taiwan allows 100% foreign ownership for most business sectors under the Statute for Investment by Foreign Nationals (SIFN), subject to Foreign Investment Approval (MOEAIC).
Q3 What is the minimum capital requirement to set up a Taiwan company?
There is no strict legal minimum capital requirement in Taiwan. However, the capital must cover initial operational setup costs and pass a CPA capital audit verification.
Q4 Do I need to visit Taiwan in person during the registration process?
In most cases, foreign investors visit Taiwan at least once to open the corporate preparatory bank account. Most administrative government filings can be handled by Guan Yu CPA Firm via Power of Attorney (POA).
Q5 How long does the entire Taiwan company setup process take?
The setup timeline generally takes 4 to 8 weeks, depending on Foreign Investment Approval (MOEAIC) processing times and bank KYC procedures.
Q6 What is the difference between a Subsidiary, Branch Office, and Representative Office?
A Subsidiary is an independent local Taiwanese legal entity. A Branch Office is an extension of the foreign head company. A Representative Office is restricted to non-commercial activities such as market research and supplier contact.
Q7 Can I apply for a Taiwan Work Permit or Manager Visa through my new company?
Yes. Foreign business owners or appointed corporate managers can apply for a manager work permit, provided the company meets capital and foreign investment criteria.
Q8 What ongoing tax reporting obligations do companies face in Taiwan?
Taiwan companies must file Business Tax (VAT) bi-monthly (5% rate) and complete annual Corporate Income Tax (CIT) filings every May (20% rate).
Q9 Why is a CPA Capital Verification Audit required in Taiwan?
Under the Taiwan Company Act, a licensed CPA must audit foreign capital remittances and issue an official audit report to prove capital authenticity before final business registration.
Q10 Why choose a Taichung English service CPA firm like Guan Yu CPA Firm?
Working with Sofie Liao, CPA and Guan Yu CPA Firm ensures direct, fluent English communication, transparent tax compliance, and seamless cross-border financial advisory without translation delays.
