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Q：
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Are there any nationality restrictions for shareholders of a Taiwan company?
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A：
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No, there are not.
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Q：
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Is a Taiwanese company required to appoint a representative director?
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A：
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Not necessarily. A company may designate a director to represent the company in its Article of Incorporation; if no such designation is made, all directors have the authority to represent the company.
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Q：
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Is a simple majority of shareholders sufficient to amend a company’s Article of Incorporation?
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A：
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No. Amending the Articles of Incorporation requires the unanimous consent of all shareholders.
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Q：
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No. Amending the Articles of Incorporation requires the unanimous consent of all shareholders.
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A：
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Yes, they can.
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Q：
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Under what circumstances can a shareholder of a Taiwan company withdraw their shares?
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A：
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A shareholder may withdraw under the following circumstances:
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As specified in the Article of Incorporation
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Pass away
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Bankruptcy
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Being placed under guardianship or assistance
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Expulsion
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When the shareholder’s capital contribution is subject to court enforcement.
In the case of withdrawal under number 6, the enforcing court must notify the company and other shareholders two months in advance.
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FAQ
