Q:
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The foreign company decides to register a branch office in Taiwan, does the branch office registered in Taiwan is required to file a business tax return?
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A:
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Yes, the branch office in Taiwan are required to file the business tax return every two months in accordance with the regulations of the tax authority. Even there is no revenue, the branch office should also file the tax return on time.
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Q:
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The foreign company register a branch office in Taiwan, do they have the legal personality in Taiwan?
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A:
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The branch office in Taiwan is the branch of the foreign company, therefore, it does not have a legal personality.
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Q:
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Could the name of the Taiwan branch office different from the name of the parent company?
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A:
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Yes, the name of the Taiwan branch office should have a preliminary check before proceeding with the registration of the company. However, the English name of the Taiwan branch office should be the same as the parent company, and the wording “Taiwan branch” should be added at the end of the company name.
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Q:
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Is there any limitation on the amount of capital for the foreign company that set up a branch office in Taiwan?
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A:
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There is no minimum capital requirement under the Taiwan Company Act, the capital of the company should be able to cover the operating cost of the company for the first six months, therefore, we suggest the capital of the company should be at least TWD 500,000.
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Q:
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Is that the branch office must have a physical office in Taiwan?
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A:
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No, there is no requirement to have a physical office, however, a Taiwan address is required as the registered office address.
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FAQ
