Q：
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Is there any requirement on nationality for shareholders?
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A：
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No.
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Q：
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Is it necessary to appoint a representative director for a Taiwan company?
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A：
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A company may, by its Articles of Incorporation, designate one or more directors to represent the company, and in the absence of such a provision each director may represent the company.
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Q：
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Is it possible to change the article of association with the approval from half number of shareholders?
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A：
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Any modification or alteration in the Articles of Incorporation of a company shall be agreed upon by all of the shareholders.
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Q：
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Is it possible for a shareholder to act as managerial officer and director simultaneously?
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A：
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Yes, it is possible.
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Q：
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What kind of situation is available for shareholders to withdrawal their shares?
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A：
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Shareholders can cease to be one under any of the following circumstances:
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The occurrence of a condition for withdrawal of shares stipulated in the Articles of Association;
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Death;
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Bankruptcy;
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Adjudication of the commencement of guardianship or assistantship;
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Expulsion; and
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Compulsory execution of the shareholder's contribution to the capital by the court.
Where a shareholder shall cease to be one under item 6 of the preceding Paragraph, the execution court shall notify the company and other shareholders two months in advance of the compulsory execution.
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FAQ
