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Q：
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How can I determine whether a business activity is subject to special licensing requirements?
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A：
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If the last digit of the business activity code is “1”, the business activity generally requires prior approval.
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Q：
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If the last digit of the business activity code is not “1”, does that mean no permit is required?
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A：
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Not necessarily. A business activity whose code does not end in “1” generally does not require prior approval before company registration. However, other regulatory requirements or permits may still apply when conducting the business.
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Q：
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If a company has registered a licensed business activity, can it start operating immediately?
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A：
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No. The company must first obtain the required permits, licenses, or approvals from the relevant competent authorities before commencing operations.
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Q：
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Does a licensed business activity need to be approved before or after company incorporation?
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A：
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It depends. The application process and timing vary depending on the requirements of the relevant competent authority.
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Q：
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Can a foreign-invested company engage in licensed business activities in Taiwan?
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A：
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Yes.
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