[Taiwan] Taiwan Preparatory Bank Account Q&A

The company preparatory office is a necessary process in the company incorporation in Taiwan.
Before a company is officially set up, a preparatory bank account needs to be opened by the representative for the initial capital injection. After the company is registered, the preparatory bank account should be transferred to the official account.

[Taiwan] Taiwan Accounting Standards Q&A

All companies in Taiwan are required to keep accurate and complete accounting records in accordance with Taiwan GAAP. This includes maintaining a general ledger, preparing financial statements, and keeping supporting documents such as invoices and receipts.

Taiwan Work Permit Q&A

What are the most common types of work permit in Taiwan available for foreign professionals? There are 3 types of work permit most common for foreign professionals.

How to Decide the Taiwan Company Name FAQ

the Taiwan company name must be registered in traditional Chinese. If you expect the company will make international transactions, you may additionally register a English name for your Taiwan company.

Taiwan Company Director and Major Shareholder Reporting FAQ

All of business entities registered in the form of company need to file the company director and major shareholder reporting, such as limited company, limited company by shares.

Taiwan Representative Office FAQ

you can set up a representative in Taiwan. However, the representative office cannot generate any revenue or perform the sales activities in Taiwan.

Bookkeeping Requirements in Taiwan FAQ

Companies must use the domestic currency, the New Taiwan Dollar (NTD), for bookkeeping and settlement operations. Even if foreign currency is used for business needs, the settlement report must convert foreign currency into domestic currency.