[Taiwan] Taiwan Preparatory Bank Account Q&A

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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. 

A:  The required documents include:

  • Taiwan representative’s passport and ARC (or foreigner’s Taiwan ID)
  • Company name reservation letter
  • Investment approval letter from MOEA

A: The transfer can occur after the company receives the tax registration letter. 

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