Adults aged 18 or above, or minors who are already married
The responsible person cannot be a government employee
If the responsible person receives government subsidies or retirement-related benefits, they should first confirm with the subsidy-issuing agency to ensure that serving as a responsible person will not affect their eligibility
Must not fall under any of the disqualifying conditions listed in Article 30 of the Company Act
Q&A
We provide the office address you need when establishing your company, helping you reduce initial startup costs.
With multiple locations available, you can choose one close to your home or current workplace.
Company Registration Essentials
A popular choice among small and medium-sized enterprises due to the following advantages:
1.Can be established with just one shareholder.
2.No supervisor is required.
3.Share transfers must be approved by other shareholders, resulting in a more stable ownership structure.
Generally used by larger companies with more formal corporate governance. To allow shareholders more flexibility in entering and exiting, shares must be freely transferable. Key features include:
1.Requires at least two individual shareholders (typically larger in scale).
2.Must appoint a supervisor, ensuring stricter governance.
3.Shares are freely transferable, providing greater flexibility.
Created to meet the needs of modern business models by adding flexibility to the traditional corporation structure. It offers the following features:
1.Ability to issue no-par-value shares.
2.Ability to issue multiple-voting special shares.
3.Ability to issue special shares with veto rights on specific matters.
4.Simplified procedures for labor contribution within a certain limit.
5.Ability to restrict share transfers, as stated in the Articles of Incorporation.
Under current Taiwanese law, the only situation where an address may be used free of charge is when a sole proprietorship or partnership is registered at a property owned by the business owner, their spouse, or their direct relatives. Therefore, if the business is a company, registering it at your own home or at a friend’s or relative’s residence does not fall within the legally permitted scope of free use. It is generally recommended to sign a rental agreement with a minimum monthly rent of NT$1,000. In addition, if the property owner is also the company’s responsible person, according to Civil Code Article 106 regarding the prohibition of self-dealing and dual agency—an agent, unless authorized, may not perform legal acts on behalf of the principal with themselves as the counterparty, nor act as an agent for both parties at the same time unless the act is solely for fulfilling obligations—a formal rental agreement is still required to avoid violations.
You may apply for multiple business activities, and there is no limit on the number of items. Recommendations for the homepage:
(1) The business activities must reflect the actual operations.
(2) When arranging the order, list the company’s main business activities first, especially those with lower audit-based tax rates.
(3) After the company is established and when you apply for business registration, the National Taxation Bureau will review and select your “primary business activity.” Tax officers will refer to the order of your listed business activities and the information you provide during business registration. If you use the “audit-based assessment” method for tax filing, this primary business activity category will affect your assessed tax rate and therefore impact the amount of business income tax you need to pay, so it should not be taken lightly.
(4) Some business activities fall under “regulated industries,” which require approval before or after company establishment. Unless you truly intend to operate such businesses, you should avoid applying for these items, as they may complicate and significantly delay the entire registration process.
Responsible Person
Responsible person: Cannot enroll through a trade association. They must be insured under their own company or another company (if they have another full-time job). Currently, health insurance requires mandatory enrollment for responsible persons.
Shareholders: There are no such restrictions. They may enroll through a labor union, their own company, or another company.
Capital Amount
Is there a minimum requirement? The minimum capital requirement has been abolished, so there is no restriction on the amount you set. However, companies generally set it at NT$100,000 or above, because the registered capital represents the funds needed for the company’s operations, and anything below NT$100,000 is considered unreasonable. If the company plans to apply for youth entrepreneurship loans or other financing in the future, a low capital amount may affect eligibility. It is recommended to set the registered capital at NT$1,000,000 or above.
**The minimum required deposit period is 2 days. The day you open the company’s preparatory bank account and deposit the capital counts as Day 1. On the following day, you may apply for a Balance Certificate from the bank. After obtaining the certificate, the funds may be used.
★ However, please note that the capital must be used for the company’s normal operations. The deposited capital may not be transferred back to the original depositor’s personal account, otherwise it may violate Article 9 of the Company Act.
Bank-related
About 1–2 weeks after the company is officially established and receives its Unified Business Number, you will receive the approval document from the National Taxation Bureau. After bringing this document to the local tax office to complete the tax registration process, you may then open the company’s official bank account.
Limited Company
Responsible person in person, with original National ID
Original approval letter and company registration form
Company seal set for bank use (may be different from the seal set used for company registration)
Copy of the Articles of Incorporation and copy of the shareholders’ roster
Company Limited by Shares
Responsible person in person, with original National ID
Original approval letter and original commercial registration transcript
Company seal set for bank use (may be different from the seal set used for company registration)
Cash deposit at the bank counter: Since financial transparency is highly emphasized today, cash deposits exceeding NT$500,000 will be reported under anti–money laundering regulations. Cash deposits may also create difficulties for the CPA during capital verification because the source of funds must be clearly explained.
Bank transfer: Each transaction record is clear. The deposit must be made from the shareholder’s own bank account into the company’s preparatory account to be considered valid. After depositing the capital, the shareholder must update the passbook and provide the passbook cover page, the first inside page, and the transaction page showing the capital transfer (please refer to the example: example here).
Shareholder remitting funds on behalf of another shareholder: A “Declaration of Remittance on Behalf of Shareholder” is required.
Foreign and Overseas Chinese Investment
There is no maximum capital limit, but the minimum required capital must be fully paid in, and the capital must be genuinely remitted from overseas into Taiwan.
The application criteria for a work permit can be divided into the following seven categories:
(1) Specialized or technical work
(2) Managers of businesses invested in or established by overseas Chinese or foreign nationals with government approval
(3) School teachers
(4) Full-time Mandarin teachers at language institutes
(5) Sports coaches and athletes
(6) Arts and performance-related work
(7) Contracted professionals. For detailed regulations regarding work permits, please refer to the Workforce Development Agency, Ministry of Labor. ARC (Resident Certificate):
(1) General situation: You must first apply for a work permit from the Ministry of Labor before you can apply for an ARC.
(2) Special situation: Hong Kong and Macau residents applying through investment immigration (with a capital amount of NT$6 million or more) may apply directly for an ARC. However, if they wish to work in Taiwan, a work permit is still required.
