The Taiwan limited liability company (LLC) can be registered with only i) one shareholder and ii) one director, who can both be non-resident foreigners. While there is no minimum paid-up capital requirement, Healy Consultants recommends to allocate a minimum of US$3,300 to optimize the probability of timely company registration approval by the Ministry of Economic Affairs;

Before registration of the company, our Client will be required to open a capital account in Taiwan and thereafter inject the paid-up capital. Unfortunately, banks require foreign directors and signatories to travel, before approving capital account opening;

Features Taiwan Tax Resident LLC

Taiwan  Tax Resident LLC

Corporate Details

General

  • Type of Entity

Tax Resident LLC

  • Registered Office in Taiwan

Yes

  • Shelf company availability

Yes

  • Our time to establish a new company

7 Weeks

  • Corporate Taxation

Yes (17%)

  • Access to Double Taxation Treaties

Yes

Share capital or equivalent

  • Standard currency

US$

  • Permitted currencies

EUR, USD, GBP

  • Minimum paid up

US$3,300

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

One

  • Publicly accessible records

Yes

  • Corporate shareholders allowed

Yes

  • Location of meetings

Anywhere

Company Secretary

  • Required

No

  • Local or qualified

No

Accounts

  • Requirements to prepare

Yes

  • Audit requirements

No

  • Requirements to file accounts

Yes

  • Publicly accessible accounts

Yes

Other

  • Requirement to file annual return

Yes

  • Migration of domicile permitted

Yes

Taiwan Tax Resident LLC Distinctive Benefit

  • Setting up an LLC in Taiwan is the best option for most foreign investors due to its flexibility and low administrative requirements.
  • Multinationals favor the LLC when establishing a subsidiary of their foreign company in Taiwan.

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.