A representative office is allowed to conduct only limited, non-commercial activities in Taiwan. Like a branch, such entity is additionally required to appoint a resident as manager; 

Features of Taiwan Representative Office

Taiwan  REPRESENTATIVE OFFICE

Corporate Details

General

  • Type of Entity

REPRESENTATIVE OFFICE

  • Registered Office in Taiwan

Yes

  • Shelf company availability

No

  • Our time to establish a new company

2 Months

  • Corporate Taxation

No

  • Access to Double Taxation Treaties

No

Share capital or equivalent

  • Standard currency

US$

  • Permitted currencies

EUR, USD, GBP

  • Minimum paid up

US$17,000

No

  • No-par-value shares allowed

No

Directors

  • Minimum number

One

  • Local required

No

  • Publicly accessible records

Yes

  • Location of meetings

Anywhere

  • Corporate directorship allowed

Yes

Shareholders

  • Minimum number

Parent Company

  • Publicly accessible records

Yes

  • Corporate shareholders allowed

Yes

  • Location of meetings

Anywhere

Company Secretary

  • Required

No

  • Local or qualified

No

Accounts

  • Requirements to prepare

No

  • Audit requirements

No

  • Requirements to file accounts

No

  • Publicly accessible accounts

No

Other

  • Requirement to file annual return

No

  • Migration of domicile permitted

No

Taiwan Representative Office Distinctive Benefit

A representative office can be used by foreign companies to carry out market research, brand marketing activities and research & development, but they may not generate any revenue of their own.

The Valsen Advantage

  1. Speedy, Efficient and consistent Services.
  2. Relentless effort to obtain bank accounts.
  3. Expert advice on structuring options.
  4. Dedicated ongoing compliance support.