Main operating requirements
| Requirement | Detail |
|---|---|
| Investment | NT$6,000,000 to set up a Taiwan company |
| Operating period | At least three years |
| Staff | At least two full-time Taiwanese employees each year |
What the authorities review
The company must genuinely operate, not be a shell. Reviews generally cover:
- Revenue and transaction records
- Staff hiring and labour and health insurance records
- Tax filings
- An actual place of business
Can the investment be recovered?
The investment funds the company’s operations. Once you have a Taiwan ID and meet conditions such as three years of operation, it can be recovered through a capital reduction or by closing the company, as the rules allow.
Operational preparation
- Business plan: a genuinely viable business that fits your background.
- Accounting and tax: appoint an accountant for bookkeeping and filings.
- HR: enrol staff in labour insurance, health insurance and pensions as required.
- Premises: rent an actual office or place of business.
Common mistakes
- Using a shell company to get through the review
- Too few staff, or staff not properly insured
- Closing the company before three years
How we can help
Our Taipei team can help with company registration, bank accounts, hiring and day-to-day compliance.
