Taiwan Company – Branch Office
Q: | Is it accessible for a head office to apply for a loan for its branch office? |
A: |
Since a foreign company branch in Taiwan does not have independent legal status, it cannot act as the main entity for obtaining financing from banks. Generally, banks will not provide loans to branches. |
Q: | Who shall be the responsible party once financial disputes occurred from the branch office? |
A: |
The branch office is an extension of the head office. In case of financial disputes, the parent company is jointly liable. |
Q: | If a branch office has been dissolved, who is responsible for any outstanding debt? |
A: |
If the branch office has been dissolved, the head office is responsible for settling any outstanding debt. |
Q: | Who is the liquidator if a branch office is deregistered in Taiwan? |
A: |
The responsible person or managerial officer is qualified for being a liquidator. |
Q: | Can information about a foreign company branch in Taiwan be found on the official Taiwanese government website? |
A: |
Yes, the official company registration website in Taiwan allows you to access information such as the branch’s address, responsible person, capital, and business activities of foreign companies operating in Taiwan. |