Taiwan Tax Resident LLC

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
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	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.