Taiwan Branch Office

A foreign company may apply to establish a branch office in Taiwan to conduct general business activities such as trading, sales, agency, marketing and consulting services.
In general, a Taiwan branch office of a foreign company does not have an independent legal personality. Establishing a branch in Taiwan theoretically subjects the foreign head office to the jurisdiction of the Taiwan courts.
A branch office does not have shareholders, directors or supervisor(s). The foreign head office shall appoint an individual as its agent for litigious and non-litigious matters and a branch manager. The same person may be designated as both the litigious and non-litigious agent and branch manager, or two different individuals may be designated. In either case, the designated agent and the branch manager receive all instructions from the foreign head office.
Corporate income tax is calculated at a progressive rate with a maximum of 25%. Net profit after payment of income tax may be retained or repatriated to the foreign head office without additional income tax or dividend tax.
The process for the registration of a branch office in Taiwan typically takes about four to six weeks provided that all required documents are complete and submitted on a timely basis. If the branch office will be engaged in certain prescribed industries, in that case special approval or permit is required, then an additional four to six weeks may be needed to obtain the special license.
Features of a Taiwan Branch Office

Taiwan  Branch Office	Corporate Details
General
Type of Entity	Branch 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	Yes
Share capital or equivalent
Standard currency	US$
Permitted currencies	EUR, USD, GBP
Minimum paid up	US$17,000
Bearer shares allowed	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	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

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