18 August 2014
TYPES OF TAIWAN ENTITIES AVAILABLE
| Company Limited by Shares | Limited Company | Branch Office | Representative Office | |
| Shareholding | Shareholders are foreign corporate or individuals | Shareholders are foreign corporate or individuals | Legal entity and head office is a foreign company | Legal entity and head office is a foreign company |
| Able to Issue Invoices | Yes | Yes | Yes | No |
| Considered as Legal Entity |
Yes |
Yes |
No |
No |
|
Minimum Number of Shareholder |
2 Individuals or 1 Corporate Shareholder |
1 Individual or 1 Corporate Shareholder |
NA |
NA |
|
Minimum Number of Directors / Officers |
3 Directors, 1 Supervisor and 1 Investment Agent |
1 Director and 1 Investment Agent |
1 Litigious and Non-Litigious Agent and 1 Branch Manager |
1 Representative |
| Recommended Minimum Capital | NT$50,000 which must be remitted from abroad | NT$50,000 which must be remitted from abroad | NT$50,000 which must be remitted from abroad |
Nil |
|
Work Permit |
Managers and Technical Staff | Managers and Technical Staff | Managers and Technical Staff |
Representative |
| Able to apply for Taiwan uniform invoices |
Yes |
Yes |
Yes |
No |
| VAT Rate | 5% | 5% | 5% | Nil |
| Income Tax Rate | 17% | 17% | 17% | Nil |
|
Applications |
Suitable for investments by medium to large sized enterprises. With intention to make profits in Taiwan Application for work permit in Taiwan for foreign individuals by investment is allowed |
Suitable for investments by small and medium enterprises which can accept total taxation up to 33.6% Application for work permit in Taiwan for foreign individuals by investment is allowed |
Suitable for all kinds of enterprises which aim to make high profits and high tax savings Suitable for investments by small and medium enterprises which can accept total taxation up to 17% |
Suitable for businesses which do not conduct actual business or required to issue invoice in Taiwan Suitable for startup and businesses which take part in offshore trade or consultancy services |