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Corporate Service - Taiwan

Question

Taiwan Company - Representative

Answer
Q: Does the company representative have to be a shareholder?
A: Not necessarily. This depends on the type of company and its actual ownership structure.

Q: Can a foreign national serve as the company representative?
A: Yes. A foreign national may serve as a director or company representative of a Taiwan company, subject to applicable laws and regulations.

Q: Can the company representative be changed?
A: Yes. The change must be registered with competent authority in accordance with applicable laws and regulations.

Q: Can a legal entity serve as the chairman of the board?
A: No. If a legal entity is a shareholder, it must appoint a natural person to act as its representative.

Q: Is the actual person controlling the company liable if they are not the registered company representative?
A: Depending on the circumstances, they may be subject to the same civil, criminal, and administrative liabilities as a director.

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