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Invest in Taiwan: Potential Industries
Driving global development with advanced semiconductor processes and manufacturing over 90% of the world's AI servers locally, showcasing world-class technological prowess.
Featuring a rapidly growing electric vehicle ecosystem and advanced smart manufacturing technologies, continuously leading industry upgrades and transformation.
Combined with strong momentum in sustainable technology, actively developing the green energy sector to achieve environmental and long-term development goals.
Continuously making strides in healthcare, aerospace, and innovative consumer products, providing diverse opportunities for international cooperation.
💡 What type of entity should I establish in Taiwan?
FAQ GuideBefore getting started, please determine the primary purpose of your business in Taiwan. Different structures involve distinct application procedures and complexities. Please review the comparative analysis below carefully before submitting inquiries:
| Entity Type | Description & Target Scenario | Recommendation |
|---|---|---|
| Branch (分公司) |
For foreign companies doing “business” in Taiwan and required to “issue uniform invoices.” | Business Operation |
| Representative Office (辦事處) |
For foreign companies hiring “employees” in Taiwan, paying salaries, and handling labor/health insurance & pensions. | Support / Liaison |
| Overseas Chinese & Foreign Investment-Investing in a new company (僑外資 – 新設) |
For an “individual” foreign investor “newly establishing” a company in Taiwan. | New Startup |
| Overseas Chinese & Foreign Investment-Invest in an existing company (僑外資 – 投資現有公司) |
For an “individual” foreign investor investing in an “already established” company in Taiwan. | Investment |
🔍 Can I set up any business category freely in Taiwan?
Business ScopeNo. Taiwan adopts a positive-listing system for business items. Simply put, your exact business activities must be explicitly specified. Different items involve distinct regulations: some restrict foreign investment, some require professional licenses or specific capital amounts, and others have strict location requirements.
| Category Type | Examples of Permitted / Restricted Items | Regulatory Status |
|---|---|---|
| General Industries 一般商業項目 |
Most trading, consulting, and general service industries open to foreign investors. | Standard Setup |
| Construction & Real Estate 營造與不動產 |
E101011 General Construction H704031 / H704041 Real Estate Brokerage & Agency |
Special License Required |
| Medical & Healthcare 醫療器材與藥品 |
F108031/F208031 Medical Devices F108011~21 / F208011~21 Chinese & Western Drugs |
Strictly Regulated |
| Controlled Goods (Tobacco & Alcohol) 菸酒輸入業 |
F401171 Alcohol Importing F401161 Tobacco Importing |
Permit Required |
*Reference: MOEA Business Code Inquiry System (經濟部商業司營業項目代碼檢索服務). Specific compliance applies.
💰 Is there a minimum capital requirement for starting a company in Taiwan?
Capital & Work PermitThere is no official minimum capital restriction by law. However, funds must be actually wired from abroad into a designated preparatory bank account in Taiwan. While most companies set their initial capital around NTD 500,000, capital can be increased later through a formal capital-augmentation procedure.
| Key Considerations | Details & Rules | Status |
|---|---|---|
| Capital Funding 資本額到位與增資 |
Must open a preparatory account and remit funds from overseas. Capital can be increased via a subsequent capital-increase procedure. | Flexible |
| Work Permit Requirement 申請工作證資本額門檻 |
Capital must be at least NTD 500,000 if applying for a foreign national work permit. | NTD 500k+ Required |
| 1. Foreign Investment (僑外資) | Investor must hold shares/equity exceeding 1/3 of the total shares and act as a Manager. | Manager / >1/3 Share |
| 2. Foreign Branch (外國分公司) | Must serve as the Representative or Manager of the branch office. | Representative / Manager |
| 3. Representative Office (辦事處) | Must serve as the designated Representative of the Taiwan liaison office. | Representative |
📍 Is a registered company address mandatory in Taiwan? Can it be rented?
Registered AddressYes, a legal and officially registerable address is mandatory. You can use a leased location, provided it is legally permitted for commercial registration (such as commercial office buildings or compliant properties).
| Requirement Aspect | Description & Compliance Rules | Status |
|---|---|---|
| Mandatory Address 必須具備合法地址 |
A physical and valid address is compulsory for business incorporation in Taiwan. | Mandatory |
| Leased Property / Commercial Zone 可否承租與商業區商辦 |
Leased spaces are fully acceptable as long as they are located in permitted commercial zones, office buildings, or spaces qualified for business registration. | Allowed (Leased OK) |
🪪 What identity verification documents must a foreign individual submit to the Investment Commission (OIC)?
Identity Documents & VerificationForeign individuals must submit acceptable proof of nationality or identification (such as a nationality certificate, valid passport, or permanent ARC), subject to specific authentication, background checks, or AML compliance rules based on individual cases.
| Document / Category | Detailed Rules & Requirements | Status |
|---|---|---|
| 1. Identification Types 國籍證明 / 護照 / 永久居留證 |
Nationality certificate (requires authentication), valid passport (generally exempt from authentication unless required), or Taiwan Permanent ARC. | Accepted Docs |
| 2. Additional Background Proof 簡歷與出生地規定 |
Resume may be requested. For individuals born in mainland China, notarized renunciation/non-citizenship certificates from relevant authorities are required. | Case-by-Case |
| 3. High-Risk AML Regions 洗錢高風險地區(如緬甸、柬埔寨) |
Must provide a CPA or attorney statement under Taiwan’s AML laws, verifying ultimate beneficial ownership, business viability, and legitimate fund sources. | CPA/Attorney Statement |
💵 What if a foreign individual invests using NTD (New Taiwan Dollars) in Taiwan?
NTD Investment & Tax ProofIf a foreign individual makes an investment in Taiwan using New Taiwan Dollars (NTD), relevant tax-reporting credentials (such as tax withholding certificates) must be attached when deemed necessary by the reviewing authority.
| Investment Method | Review Requirements & Credentials | Status |
|---|---|---|
| NTD Capital Contribution 以新台幣出資 |
If required for review purposes, supporting tax-reporting credentials (e.g., withholding certificates / 所得扣繳憑單) must be provided. | Tax Proof Required if Necessary |
🏦 Is it difficult and restrictive to open a corporate bank account in Taiwan? Do you assist with bank account opening?
Bank Account OpeningDue to Anti-Money Laundering (AML) regulations, corporate bank account opening in Taiwan has become extremely strict. Procedures, KYC requirements, and rules vary greatly across banks and branches. Principals/Representatives must appear in person (no proxy/agency allowed). Please note that our firm does not handle bank account opening on behalf of clients.
| Entity / Category | In-Person Requirements & AML Precautions | Status |
|---|---|---|
| Foreign Investment (僑外資) 公司負責人 |
The company “Director/Responsible Person” must attend in person (no proxy or delegation permitted). | In-Person Required |
| Foreign Branch (外國分公司) 公司代表人 |
The company “Representative” must appear in person (no proxy or delegation permitted). | In-Person Required |
| Representative Office (辦事處) 辦事處代表人 |
Not required during setup; the representative can open an account in person afterward if needed (no proxy). | Optional / Later |
| Key Bank Restrictions 洗錢防制與地緣關係限制 |
Many banks require an ARC (Alien Resident Certificate), local geographic connection (e.g., branch near company address), and headquarter approval. Rules change frequently. | Strictly Regulated |
🛂 Will I automatically obtain a Taiwan Alien Resident Certificate (ARC) after establishing a company?
ARC & Work PermitNo. Company incorporation and ARC applications are two entirely separate processes. You must first complete company setup to apply for a work permit, and only after securing a work permit can you apply for an ARC. Approval is not guaranteed and depends on multiple regulatory criteria.
| Process Stage | Description & Sequential Workflow | Responsible Authority |
|---|---|---|
| 1. Company Incorporation 公司設立登記 |
The foundational step required before any work permit or residency application can be initiated. | MOEA (經濟部) |
| 2. Work Permit Application 工作證申請 |
Can only be applied for after company setup. Approval is subject to evaluation and is not automatically granted. | MOL (勞動部) |
| 3. ARC Application 居留證申請 |
The final residency application, which requires an approved work permit as a mandatory prerequisite. | National Immigration Agency (移民署) |
✈️ How many times does a foreign founder/responsible person need to enter Taiwan?
Entry RequirementAt least two entries are required. These steps occur at different stages of the incorporation timeline and cannot be combined into a single trip.
| Trip Purpose | Task Details & Actions Required | Estimated Duration |
|---|---|---|
| 1st Trip: Bank Account Opening 銀行開戶與資本額匯入 |
To open a preparatory bank account in person, wire the capital from an overseas personal account to the company’s prep account, and handle foreign exchange settlement. | Case-by-Case |
| 2nd Trip: Tax Bureau Signing 國稅局親自簽字 |
To visit the National Tax Bureau in person for signature verification during the tax registration process. | Approx. 2 Days |
📝 Do foreigners holding a Taiwan permanent or long-term ARC still need to apply to the Investment Commission (OIC)?
Investment ApprovalYes. Anyone without a Taiwan National ID card who wishes to establish a company in Taiwan must first submit an investment application to the Department of Investment Review (OIC, 投審司).
| Applicant Status | Requirement & Regulatory Scope | Required Action |
|---|---|---|
| Foreigners / ARC Holders 無台灣身分證之外國人 |
Regardless of holding a permanent or long-term ARC, all foreign nationals without a Taiwan ID must apply through the Department of Investment Review (投審司) before incorporation. | OIC Application Required |
🏢 Can a foreigner holding a Taiwan work ARC establish a company in Taiwan?
Work ARC & IncorporationYes, it is permitted. However, you must carefully check whether you have signed a non-compete clause with your current employer, whether starting your own business is permitted, and whether it creates any conflict of interest to avoid potential legal action from your current employer.
| Key Consideration | Details & Risk Management | Status |
|---|---|---|
| Establishment Eligibility 持有工作居留證開公司 |
Foreign nationals holding a work ARC are allowed to set up a company in Taiwan. | Permitted |
| Employment Restrictions 禁業條款與利益衝突 |
Review non-compete agreements with your current employer and ensure no conflicts of interest arise to prevent potential lawsuits. | Caution Required |
📋 What does the “Investment Review” (投審) examine when a foreigner starts a company in Taiwan, and what documents are required?
Investment Review & DocumentsThe review primarily evaluates the investor’s personal background, professional qualifications, and source of funds, alongside a comprehensive business investment plan. Required documents vary by country of origin, but generally fall into four main categories.
| Review Focus / Document Type | Detailed Items & Specifications | Requirement Status |
|---|---|---|
| 1. Personal Identification 個人證件 |
Valid passport of the foreign investor. | Mandatory |
| 2. Education & Work Background 學經歷證明 |
Depending on the case, includes diplomas (highest degree and prior education records) or employment history certificates (employment/resignation certificates). | Case-by-Case |
| 3. Proof of Financial Capability 財力證明 |
Bank passbooks or financial monthly statements substantiating the investor’s financial standing and source of funds. | Mandatory |
| 4. Investment Plan 投資計劃書內容審查 |
A comprehensive investment plan detailing business operations, scale, and objectives for formal evaluation. | Mandatory |
✒️ Which types of investors need to provide a power of attorney when submitting an investment application, and does it require notarization?
Power of Attorney & NotarizationInvestors without a Taiwan ARC who entrust others to handle the application must provide a power of attorney, whereas ARC holders do not need one. The original power of attorney must be duly notarized.
| Requirement Aspect | Details & Execution Rules | Status |
|---|---|---|
| Power of Attorney (委託授權書) 委託他人辦理規定 |
Required if investors without a Taiwan ARC delegate others to file the application; not required for ARC holders delegating handling. | Conditional |
| Notarization Requirement 公證正本要求與地點 |
An original notarized power of attorney is required. Can be done at a Taipei Economic and Cultural Office abroad or a notary public office in Taiwan. | Mandatory (Notarized) |
⏱️ How long is the validity period of the investment approval granted by the Investment Commission (OIC)?
Validity PeriodOnce approved by the Investment Commission, the investment permit is valid for one year. Investors must remit the funds and complete company registration within this one-year period; otherwise, the approval will automatically expire.
| Approval Status | Rules & Deadline Requirements | Status |
|---|---|---|
| OIC Approval Validity 投審司投資許可有效期限 |
Valid for 1 year. Funds must be remitted and company registration completed within 1 year, or the approval becomes automatically void. | 1 Year Limit |
📝 How can a foreign individual apply for a work permit after establishing a company in Taiwan?
Work Permit ApplicationFor foreign nationals (excluding Mainland China, Hong Kong, and Macau), work permit applications require meeting specific qualifications for both the foreign applicant and the employer.
1. Foreign Applicant Qualifications (外國人資格)
Must fulfill one of the following criteria:
- Manager in Foreign-Invested Company: Manager of a company approved under the Statute for Investment by Overseas Chinese or Foreign Nationals, holding over 1/3 of total shares/capital.
- Foreign Branch Manager: Manager of a foreign branch office.
- Representative: Representative of a liaison/representative office approved by the central competent authority.
- Innovative Startup Personnel: Department deputy manager or equivalent in an innovative startup approved by the central competent authority in consultation with the purpose-specific competent authority.
- First Employee Exemption: The first employed individual is exempt from standard professional/technical qualifications (e.g., master’s degree or university degree + 2 years experience) and average salary requirements (NTD 47,971/month). Additional employees must comply with standard professional/technical rules and salary criteria.
- Hong Kong / Macau Guarantor: Hong Kong and Macau applicants applying for residency permits require a Taiwan guarantor.
2. Employer Qualifications (雇主資格)
The employer must meet one of the following conditions:
- Established less than 1 year: Paid-in capital or operating funds in Taiwan of at least NTD 500,000; revenue of at least NTD 3,000,000; or import/export performance of USD 500,000+ / agency commissions of USD 200,000+.
- Established 1 year or more: Average annual revenue in the past year or past 3 years reaching NTD 3,000,000; average import/export performance reaching USD 500,000; or average agency commissions reaching USD 200,000.
- Representative Office: A foreign company representative office with operating performance (exempt from performance requirement if established under 1 year).
- Special Contribution/Approval: Made substantial contributions to domestic economic development or approved under special circumstances by the central competent authority.
👤 Can foreigners serve as company responsible persons and managers in Taiwan?
Responsible Person & ManagerForeign investors can serve as company responsible persons, and foreign nationals can be appointed as managers and apply for work permits under specific regulatory conditions.
| Question Topic | Detailed Rules & Conditions | Status |
|---|---|---|
| 1. Foreign Responsible Person 外國人擔任公司負責人 |
Investors who are shareholders can serve as the responsible person. For a company limited by shares (股份有限公司), any foreign national can be appointed as a corporate representative. | Permitted |
| 2. Foreign Manager & Work Permit 外籍經理人與工作證申請 |
Allowed with conditions. For newly established companies with capital over NTD 500,000 and foreign investment exceeding 1/3, one foreign manager work permit can be applied for (valid for 1–3 years per MOL approval). | Conditional |
| 3. Self-Appointment vs. External Hiring 自聘或外聘經理人 |
Foreign responsible persons (or foreign shareholders) can self-appoint as company managers, or externally hire other individuals (non-shareholders) as managers. | Both Options Open |
🌐 Foreign Manager Work Permits, ARC, Renewal, Family Dependent, Permanent Residency, Tax, and Student Transitions in Taiwan
Foreign Manager & ARC GuideComprehensive guidelines regarding foreign manager work permits, residency duration, dependent visas, permanent residency eligibility, personal income tax brackets, and student visa conversions.
| Topic / Question | Detailed Rules & Regulations | Status |
|---|---|---|
| 1. ARC After Work Permit 取得外籍經理人工作證可否申請居留證 |
Requires company establishment + work permit. ARC validity matches the work permit approval term. Nationals of certain countries must obtain an employment visa from a Taiwan overseas office before entry, then apply for an employment ARC at the NIA. | Eligible |
| 2. Work Permit Renewal 工作證到期後可否延續 |
Subject to company revenue performance: “For companies established over 1 year, average annual revenue in the past year or past 3 years must reach NTD 3,000,000” to renew. | Revenue Check Req. |
| 3. Family Dependent ARC 家人可否依親居留 |
Spouses and minor children can apply for dependent residency in Taiwan. | Allowed |
| 4. Permanent Residency (APRC) 永久居留或定居資格 |
General foreigners holding white-collar work ARCs for 5 consecutive years and residing 183+ days per year can apply for APRC (no national ID / settlement). HK/Macau managers can only renew indefinitely without APRC/settlement eligibility and need a local guarantor. | 5-Year Rule / Restricted |
| 5. Personal Income Tax Rate 個人綜合所得稅稅率 |
Residing 183+ days in a tax year: same progressive tax brackets as locals (starting at 5%). Residing under 183 days: flat 21% tax rate. | 5% to 21% |
| 6. Foreign Student Visa Transition 外籍大學生畢業自創公司轉居留 |
Foreign university graduates who start their own company and self-appoint as foreign managers can convert their student ARC to an employment ARC directly at the NIA with an employment permit and required documents. | Convertible |
📋 Frequently Asked Questions Regarding Company Establishment and Work Permits for Taiwan Employment Gold Card Holders
💎 Practical Benefits of the Taiwan Employment Gold Card for Company Establishment and Work Permits
Gold Card Benefits SummaryForeign professionals holding a Taiwan Employment Gold Card enjoy significant regulatory advantages and flexibility when starting a business, incorporating a company, and serving as a manager. Below is a summary of the core benefits:
| Core Advantage Item | Detailed Description & Practical Help | Status |
|---|---|---|
| 1. Exemption from General Manager Work Permit Open Personal Work Permit |
The Employment Gold Card itself includes an open personal work permit that is not tied to a specific employer. Therefore, when starting your own company and acting as a manager, no separate general manager work permit needs to be applied for from the Ministry of Labor. | Exempt |
| 2. Bypass Company Capital & Revenue Hurdles Exemption from Traditional Startup Thresholds |
General foreign nationals establishing their own companies and applying for manager work permits are subject to strict company capital requirements (e.g., NTD 500,000 or above) and subsequent revenue thresholds (e.g., annual revenue of NTD 3 million required for renewal); Gold Card holders are completely exempt from these corporate performance constraints. | Fully Exempt |
| 3. Separation of Residency from Company Operations Independent Status Protection |
Traditional foreign managers’ ARC validity is completely tied to company operations and work permits. A Gold Card holder’s legal residency rights in Taiwan are independent of the company, meaning even if the startup undergoes restructuring or pivots, personal legal residency and work rights remain completely unaffected. | Highly Protected |
| 4. Multi-Track Flexibility & Side Hustles Simultaneous Freelancing & Entrepreneurship |
In addition to serving as a founder or manager of a startup, Gold Card holders can legally engage in concurrent freelance work, take on consulting projects, or invest in other businesses, enjoying maximum business and employment flexibility. | Fully Flexible |
💡 What type of entity should I establish in Taiwan?
FAQ GuideBefore getting started, please determine the primary purpose of your business in Taiwan. Different structures involve distinct application procedures and complexities. Please review the comparative analysis below carefully before submitting inquiries:
| Entity Type | Description & Target Scenario | Recommendation |
|---|---|---|
| Branch (分公司) |
For foreign companies doing “business” in Taiwan and required to “issue uniform invoices.” | Business Operation |
| Representative Office (辦事處) |
For foreign companies hiring “employees” in Taiwan, paying salaries, and handling labor/health insurance & pensions. | Support / Liaison |
| Overseas Chinese & Foreign Investment-Investing in a new company (僑外資 – 新設) |
For an “individual” foreign investor “newly establishing” a company in Taiwan. | New Startup |
| Overseas Chinese & Foreign Investment-Invest in an existing company (僑外資 – 投資現有公司) |
For an “individual” foreign investor investing in an “already established” company in Taiwan. | Investment |
🔍 Can I set up any business category freely in Taiwan?
Business ScopeNo. Taiwan adopts a positive-listing system for business items. Simply put, your exact business activities must be explicitly specified. Different items involve distinct regulations: some restrict foreign investment, some require professional licenses or specific capital amounts, and others have strict location requirements.
| Category Type | Examples of Permitted / Restricted Items | Regulatory Status |
|---|---|---|
| General Industries 一般商業項目 |
Most trading, consulting, and general service industries open to foreign investors. | Standard Setup |
| Construction & Real Estate 營造與不動產 |
E101011 General Construction H704031 / H704041 Real Estate Brokerage & Agency |
Special License Required |
| Medical & Healthcare 醫療器材與藥品 |
F108031/F208031 Medical Devices F108011~21 / F208011~21 Chinese & Western Drugs |
Strictly Regulated |
| Controlled Goods (Tobacco & Alcohol) 菸酒輸入業 |
F401171 Alcohol Importing F401161 Tobacco Importing |
Permit Required |
*Reference: MOEA Business Code Inquiry System (經濟部商業司營業項目代碼檢索服務). Specific compliance applies.
💰 Is there a minimum capital requirement for starting a company in Taiwan?
Capital & Work PermitThere is no official minimum capital restriction by law. However, funds must be actually wired from abroad into a designated preparatory bank account in Taiwan. While most companies set their initial capital around NTD 500,000, capital can be increased later through a formal capital-augmentation procedure.
| Key Considerations | Details & Rules | Status |
|---|---|---|
| Capital Funding 資本額到位與增資 |
Must open a preparatory account and remit funds from overseas. Capital can be increased via a subsequent capital-increase procedure. | Flexible |
| Work Permit Requirement 申請工作證資本額門檻 |
Capital must be at least NTD 500,000 if applying for a foreign national work permit. | NTD 500k+ Required |
| 1. Foreign Investment (僑外資) | Investor must hold shares/equity exceeding 1/3 of the total shares and act as a Manager. | Manager / >1/3 Share |
| 2. Foreign Branch (外國分公司) | Must serve as the Representative or Manager of the branch office. | Representative / Manager |
| 3. Representative Office (辦事處) | Must serve as the designated Representative of the Taiwan liaison office. | Representative |
📍 Is a registered company address mandatory in Taiwan? Can it be rented?
Registered AddressYes, a legal and officially registerable address is mandatory. You can use a leased location, provided it is legally permitted for commercial registration (such as commercial office buildings or compliant properties).
| Requirement Aspect | Description & Compliance Rules | Status |
|---|---|---|
| Mandatory Address 必須具備合法地址 |
A physical and valid address is compulsory for business incorporation in Taiwan. | Mandatory |
| Leased Property / Commercial Zone 可否承租與商業區商辦 |
Leased spaces are fully acceptable as long as they are located in permitted commercial zones, office buildings, or spaces qualified for business registration. | Allowed (Leased OK) |
🪪 What identity verification documents must a foreign individual submit to the Investment Commission (OIC)?
Identity Documents & VerificationForeign individuals must submit acceptable proof of nationality or identification (such as a nationality certificate, valid passport, or permanent ARC), subject to specific authentication, background checks, or AML compliance rules based on individual cases.
| Document / Category | Detailed Rules & Requirements | Status |
|---|---|---|
| 1. Identification Types 國籍證明 / 護照 / 永久居留證 |
Nationality certificate (requires authentication), valid passport (generally exempt from authentication unless required), or Taiwan Permanent ARC. | Accepted Docs |
| 2. Additional Background Proof 簡歷與出生地規定 |
Resume may be requested. For individuals born in mainland China, notarized renunciation/non-citizenship certificates from relevant authorities are required. | Case-by-Case |
| 3. High-Risk AML Regions 洗錢高風險地區(如緬甸、柬埔寨) |
Must provide a CPA or attorney statement under Taiwan’s AML laws, verifying ultimate beneficial ownership, business viability, and legitimate fund sources. | CPA/Attorney Statement |
💵 What if a foreign individual invests using NTD (New Taiwan Dollars) in Taiwan?
NTD Investment & Tax ProofIf a foreign individual makes an investment in Taiwan using New Taiwan Dollars (NTD), relevant tax-reporting credentials (such as tax withholding certificates) must be attached when deemed necessary by the reviewing authority.
| Investment Method | Review Requirements & Credentials | Status |
|---|---|---|
| NTD Capital Contribution 以新台幣出資 |
If required for review purposes, supporting tax-reporting credentials (e.g., withholding certificates / 所得扣繳憑單) must be provided. | Tax Proof Required if Necessary |
🏦 Is it difficult and restrictive to open a corporate bank account in Taiwan? Do you assist with bank account opening?
Bank Account OpeningDue to Anti-Money Laundering (AML) regulations, corporate bank account opening in Taiwan has become extremely strict. Procedures, KYC requirements, and rules vary greatly across banks and branches. Principals/Representatives must appear in person (no proxy/agency allowed). Please note that our firm does not handle bank account opening on behalf of clients.
| Entity / Category | In-Person Requirements & AML Precautions | Status |
|---|---|---|
| Foreign Investment (僑外資) 公司負責人 |
The company “Director/Responsible Person” must attend in person (no proxy or delegation permitted). | In-Person Required |
| Foreign Branch (外國分公司) 公司代表人 |
The company “Representative” must appear in person (no proxy or delegation permitted). | In-Person Required |
| Representative Office (辦事處) 辦事處代表人 |
Not required during setup; the representative can open an account in person afterward if needed (no proxy). | Optional / Later |
| Key Bank Restrictions 洗錢防制與地緣關係限制 |
Many banks require an ARC (Alien Resident Certificate), local geographic connection (e.g., branch near company address), and headquarter approval. Rules change frequently. | Strictly Regulated |
🛂 Will I automatically obtain a Taiwan Alien Resident Certificate (ARC) after establishing a company?
ARC & Work PermitNo. Company incorporation and ARC applications are two entirely separate processes. You must first complete company setup to apply for a work permit, and only after securing a work permit can you apply for an ARC. Approval is not guaranteed and depends on multiple regulatory criteria.
| Process Stage | Description & Sequential Workflow | Responsible Authority |
|---|---|---|
| 1. Company Incorporation 公司設立登記 |
The foundational step required before any work permit or residency application can be initiated. | MOEA (經濟部) |
| 2. Work Permit Application 工作證申請 |
Can only be applied for after company setup. Approval is subject to evaluation and is not automatically granted. | MOL (勞動部) |
| 3. ARC Application 居留證申請 |
The final residency application, which requires an approved work permit as a mandatory prerequisite. | National Immigration Agency (移民署) |
✈️ How many times does a foreign founder/responsible person need to enter Taiwan?
Entry RequirementAt least two entries are required. These steps occur at different stages of the incorporation timeline and cannot be combined into a single trip.
| Trip Purpose | Task Details & Actions Required | Estimated Duration |
|---|---|---|
| 1st Trip: Bank Account Opening 銀行開戶與資本額匯入 |
To open a preparatory bank account in person, wire the capital from an overseas personal account to the company’s prep account, and handle foreign exchange settlement. | Case-by-Case |
| 2nd Trip: Tax Bureau Signing 國稅局親自簽字 |
To visit the National Tax Bureau in person for signature verification during the tax registration process. | Approx. 2 Days |
📝 Do foreigners holding a Taiwan permanent or long-term ARC still need to apply to the Investment Commission (OIC)?
Investment ApprovalYes. Anyone without a Taiwan National ID card who wishes to establish a company in Taiwan must first submit an investment application to the Department of Investment Review (OIC, 投審司).
| Applicant Status | Requirement & Regulatory Scope | Required Action |
|---|---|---|
| Foreigners / ARC Holders 無台灣身分證之外國人 |
Regardless of holding a permanent or long-term ARC, all foreign nationals without a Taiwan ID must apply through the Department of Investment Review (投審司) before incorporation. | OIC Application Required |
🏢 Can a foreigner holding a Taiwan work ARC establish a company in Taiwan?
Work ARC & IncorporationYes, it is permitted. However, you must carefully check whether you have signed a non-compete clause with your current employer, whether starting your own business is permitted, and whether it creates any conflict of interest to avoid potential legal action from your current employer.
| Key Consideration | Details & Risk Management | Status |
|---|---|---|
| Establishment Eligibility 持有工作居留證開公司 |
Foreign nationals holding a work ARC are allowed to set up a company in Taiwan. | Permitted |
| Employment Restrictions 禁業條款與利益衝突 |
Review non-compete agreements with your current employer and ensure no conflicts of interest arise to prevent potential lawsuits. | Caution Required |
📋 What does the “Investment Review” (投審) examine when a foreigner starts a company in Taiwan, and what documents are required?
Investment Review & DocumentsThe review primarily evaluates the investor’s personal background, professional qualifications, and source of funds, alongside a comprehensive business investment plan. Required documents vary by country of origin, but generally fall into four main categories.
| Review Focus / Document Type | Detailed Items & Specifications | Requirement Status |
|---|---|---|
| 1. Personal Identification 個人證件 |
Valid passport of the foreign investor. | Mandatory |
| 2. Education & Work Background 學經歷證明 |
Depending on the case, includes diplomas (highest degree and prior education records) or employment history certificates (employment/resignation certificates). | Case-by-Case |
| 3. Proof of Financial Capability 財力證明 |
Bank passbooks or financial monthly statements substantiating the investor’s financial standing and source of funds. | Mandatory |
| 4. Investment Plan 投資計劃書內容審查 |
A comprehensive investment plan detailing business operations, scale, and objectives for formal evaluation. | Mandatory |
✒️ Which types of investors need to provide a power of attorney when submitting an investment application, and does it require notarization?
Power of Attorney & NotarizationInvestors without a Taiwan ARC who entrust others to handle the application must provide a power of attorney, whereas ARC holders do not need one. The original power of attorney must be duly notarized.
| Requirement Aspect | Details & Execution Rules | Status |
|---|---|---|
| Power of Attorney (委託授權書) 委託他人辦理規定 |
Required if investors without a Taiwan ARC delegate others to file the application; not required for ARC holders delegating handling. | Conditional |
| Notarization Requirement 公證正本要求與地點 |
An original notarized power of attorney is required. Can be done at a Taipei Economic and Cultural Office abroad or a notary public office in Taiwan. | Mandatory (Notarized) |
⏱️ How long is the validity period of the investment approval granted by the Investment Commission (OIC)?
Validity PeriodOnce approved by the Investment Commission, the investment permit is valid for one year. Investors must remit the funds and complete company registration within this one-year period; otherwise, the approval will automatically expire.
| Approval Status | Rules & Deadline Requirements | Status |
|---|---|---|
| OIC Approval Validity 投審司投資許可有效期限 |
Valid for 1 year. Funds must be remitted and company registration completed within 1 year, or the approval becomes automatically void. | 1 Year Limit |
📝 How can a foreign individual apply for a work permit after establishing a company in Taiwan?
Work Permit ApplicationFor foreign nationals (excluding Mainland China, Hong Kong, and Macau), work permit applications require meeting specific qualifications for both the foreign applicant and the employer.
1. Foreign Applicant Qualifications (外國人資格)
Must fulfill one of the following criteria:
- Manager in Foreign-Invested Company: Manager of a company approved under the Statute for Investment by Overseas Chinese or Foreign Nationals, holding over 1/3 of total shares/capital.
- Foreign Branch Manager: Manager of a foreign branch office.
- Representative: Representative of a liaison/representative office approved by the central competent authority.
- Innovative Startup Personnel: Department deputy manager or equivalent in an innovative startup approved by the central competent authority in consultation with the purpose-specific competent authority.
- First Employee Exemption: The first employed individual is exempt from standard professional/technical qualifications (e.g., master’s degree or university degree + 2 years experience) and average salary requirements (NTD 47,971/month). Additional employees must comply with standard professional/technical rules and salary criteria.
- Hong Kong / Macau Guarantor: Hong Kong and Macau applicants applying for residency permits require a Taiwan guarantor.
2. Employer Qualifications (雇主資格)
The employer must meet one of the following conditions:
- Established less than 1 year: Paid-in capital or operating funds in Taiwan of at least NTD 500,000; revenue of at least NTD 3,000,000; or import/export performance of USD 500,000+ / agency commissions of USD 200,000+.
- Established 1 year or more: Average annual revenue in the past year or past 3 years reaching NTD 3,000,000; average import/export performance reaching USD 500,000; or average agency commissions reaching USD 200,000.
- Representative Office: A foreign company representative office with operating performance (exempt from performance requirement if established under 1 year).
- Special Contribution/Approval: Made substantial contributions to domestic economic development or approved under special circumstances by the central competent authority.
👤 Can foreigners serve as company responsible persons and managers in Taiwan?
Responsible Person & ManagerForeign investors can serve as company responsible persons, and foreign nationals can be appointed as managers and apply for work permits under specific regulatory conditions.
| Question Topic | Detailed Rules & Conditions | Status |
|---|---|---|
| 1. Foreign Responsible Person 外國人擔任公司負責人 |
Investors who are shareholders can serve as the responsible person. For a company limited by shares (股份有限公司), any foreign national can be appointed as a corporate representative. | Permitted |
| 2. Foreign Manager & Work Permit 外籍經理人與工作證申請 |
Allowed with conditions. For newly established companies with capital over NTD 500,000 and foreign investment exceeding 1/3, one foreign manager work permit can be applied for (valid for 1–3 years per MOL approval). | Conditional |
| 3. Self-Appointment vs. External Hiring 自聘或外聘經理人 |
Foreign responsible persons (or foreign shareholders) can self-appoint as company managers, or externally hire other individuals (non-shareholders) as managers. | Both Options Open |
🌐 Foreign Manager Work Permits, ARC, Renewal, Family Dependent, Permanent Residency, Tax, and Student Transitions in Taiwan
Foreign Manager & ARC GuideComprehensive guidelines regarding foreign manager work permits, residency duration, dependent visas, permanent residency eligibility, personal income tax brackets, and student visa conversions.
| Topic / Question | Detailed Rules & Regulations | Status |
|---|---|---|
| 1. ARC After Work Permit 取得外籍經理人工作證可否申請居留證 |
Requires company establishment + work permit. ARC validity matches the work permit approval term. Nationals of certain countries must obtain an employment visa from a Taiwan overseas office before entry, then apply for an employment ARC at the NIA. | Eligible |
| 2. Work Permit Renewal 工作證到期後可否延續 |
Subject to company revenue performance: “For companies established over 1 year, average annual revenue in the past year or past 3 years must reach NTD 3,000,000” to renew. | Revenue Check Req. |
| 3. Family Dependent ARC 家人可否依親居留 |
Spouses and minor children can apply for dependent residency in Taiwan. | Allowed |
| 4. Permanent Residency (APRC) 永久居留或定居資格 |
General foreigners holding white-collar work ARCs for 5 consecutive years and residing 183+ days per year can apply for APRC (no national ID / settlement). HK/Macau managers can only renew indefinitely without APRC/settlement eligibility and need a local guarantor. | 5-Year Rule / Restricted |
| 5. Personal Income Tax Rate 個人綜合所得稅稅率 |
Residing 183+ days in a tax year: same progressive tax brackets as locals (starting at 5%). Residing under 183 days: flat 21% tax rate. | 5% to 21% |
| 6. Foreign Student Visa Transition 外籍大學生畢業自創公司轉居留 |
Foreign university graduates who start their own company and self-appoint as foreign managers can convert their student ARC to an employment ARC directly at the NIA with an employment permit and required documents. | Convertible |
📋 Frequently Asked Questions Regarding Company Establishment and Work Permits for Taiwan Employment Gold Card Holders
💎 Practical Benefits of the Taiwan Employment Gold Card for Company Establishment and Work Permits
Gold Card Benefits SummaryForeign professionals holding a Taiwan Employment Gold Card enjoy significant regulatory advantages and flexibility when starting a business, incorporating a company, and serving as a manager. Below is a summary of the core benefits:
| Core Advantage Item | Detailed Description & Practical Help | Status |
|---|---|---|
| 1. Exemption from General Manager Work Permit Open Personal Work Permit |
The Employment Gold Card itself includes an open personal work permit that is not tied to a specific employer. Therefore, when starting your own company and acting as a manager, no separate general manager work permit needs to be applied for from the Ministry of Labor. | Exempt |
| 2. Bypass Company Capital & Revenue Hurdles Exemption from Traditional Startup Thresholds |
General foreign nationals establishing their own companies and applying for manager work permits are subject to strict company capital requirements (e.g., NTD 500,000 or above) and subsequent revenue thresholds (e.g., annual revenue of NTD 3 million required for renewal); Gold Card holders are completely exempt from these corporate performance constraints. | Fully Exempt |
| 3. Separation of Residency from Company Operations Independent Status Protection |
Traditional foreign managers’ ARC validity is completely tied to company operations and work permits. A Gold Card holder’s legal residency rights in Taiwan are independent of the company, meaning even if the startup undergoes restructuring or pivots, personal legal residency and work rights remain completely unaffected. | Highly Protected |
| 4. Multi-Track Flexibility & Side Hustles Simultaneous Freelancing & Entrepreneurship |
In addition to serving as a founder or manager of a startup, Gold Card holders can legally engage in concurrent freelance work, take on consulting projects, or invest in other businesses, enjoying maximum business and employment flexibility. | Fully Flexible |