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LLC LP Free Zone Company PLC Branch Office Rep Office
Company Setup Time 40 days 40 days 40 days 40 days 40 days 10 days
Bank Account Opening 10 days 10 days 10 days 10 days 10 days 10 days
Government Grants Available Yes Yes Yes Yes No No
Government Contracts Bidding Yes Yes Yes Yes No No
Limited Liability Yes Yes Yes Yes No No
Client Required to Travel Yes No No No No No
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Corporate Structure Explained

Taiwan Limited Liability Company (LLC)

  • Taiwan Limited Liability Company can be registered with only one director and a shareholder of any nationality. Minimum paid-up capital is not required, but it recommends a minimum of US$ 3,300 to increase the likelihood of local authorities approval.
  • Before approving the opening of a capital account, banks require foreign directors and signatories to travel.

Taiwan Limited Partnership (LP)

  • This entity can be registered with a minimum of two partners, out of which one is a general partner, who will be liable for any debt or tax. The general partner must be a resident of Taiwan. Limited partnerships can not hire foreigners in Taiwan.
  • This is a tax transparent entity and is not subject to corporate income tax. But has file financial statements and personal income tax return of all the partners.

Taiwan Free Zone Company

  • International clients interested in registering export-oriented companies can register a subsidiary in a special economic zone (SEZ). The company has to submit a business plan to the SEZ authority.
  • Although no minimum investment is required. We recommend our clients to allocate a minimum paid up capital of US$200,000.

Taiwan Branch Office

  • Foreign companies can establish a branch office in Taiwan in order to conduct business. This entity needs to appoint a local branch manager / agent. Although these appointments are not necessary during the set up of the LLC.

Taiwan Representative Office

  • The entity is allowed to conduct market research and promotion activities for the holding company and requires the appointment of a resident as a manager. It is not allowed to carry out any direct commercial activities

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