Taiwan Limited Company Registration Q&A 26
Q: |
When there is a foreign investment to setup a limited company in Taiwan, is that possible for a foreigner to become the director of the company? |
A: |
Yes, of course. All nationalities can become the director of the limited company except for Chinese nationality |
Q: |
When there is a foreign investment to setup a limited company in Taiwan, is that for possible for a foreigner to become the investment agent? |
A: |
Yes, but if a foreigner acts as an investment agent in Taiwan, he/she must have a residence in Taiwan and holds the Aliens Resident Certificate (ARC). |
Q: |
Is there any limitation on business items for a limited company setup by a foreign investment? |
A: |
In addition to the “Negative List for Investment by Overseas Chinese and Foreign Nationals”, there is no limitation on business items for foreign investment. |
Q: |
How to identify Mainland Chinese invested company? |
A: |
For an individual , legal person, organization or other institution from Mainland China area who directly and indirectly hold shares in a third-region company or have more than 30% in their capital contribution or have the power of control over the third-region company, they are regarded as Mainland Chinese invested company. |
Q: |
For the capital contribution, is that possible to use RMB as the cash contribution? |
A: |
No, it is impossible to make the capital contribution in RMB, only accepted in TWD. |