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Corporate Service - Taiwan

Question

Taiwan Company- Company and Firm

Answer
Q:
What kinds of documents required for the application of import and export business?
A:
It is required to register the company name in English at Trade Bureau for import and export business.

Q:
Is a company or firm better for e-commerce?
A:
If the amount of business income is not considerable, it is suggested to establish a firm and apply for the exemption of issuance of uniform invoice (Such requirement of exemption is dependent on Trade Bureau to verify).

Q:
What is special business?
A:
The definition of special business is the last number in business code is “1”, like Comprehensive Construction Activities E101011. A special license or certificate is required before the establishment of a company.

Q:
What is the suggested amount of contribution capital?
A: It depends on each company’s plan and management. Normally speaking, the amount of capital is set up more than NTD500,000 but less than NTD5,000,000 being much appropriate to cover the expenditures at the first half of year.

Q:
Is it possible to be free from the registration of a company or firm to run a shop?
A: It isn’t. It is suggested to establish a company or firm pursuant to the related laws, or it may be imposed a amount of fine by Taxation Bureau.

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