Q：
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What is the certification of incorporation in Taiwan?
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A：
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The approval letter of establishment of a company promulgated by the competent authority and the approved application form.
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Q：
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Is it necessary to issue shares for companies?
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A：
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Public companies shall issue shares within 3 months from the date of establishment or issuance of new shares; private companies shall be dependent on each their own resolutions to decide whether to issue or not.
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Q：
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What is the condition of increase or decrease of directors or supervisors?
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A：
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The number of directors and supervisors shall be stated specifically in the article of association, so the condition of increase or decrease of directors or supervisors occurred, it is required to hold up a shareholders meeting to revise the article of association.
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Q：
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Is it possible to state the way of election of directors and supervisors in the article associate respectively?
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A：
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No, it is not acceptable, due to “Cumulative Voting System” to elect directors and supervisors.
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Q：
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What is the way to state the remuneration of labor in the article of association?
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A：
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The adoption of distribution of remuneration shall be stated clearly in the article of association as the dividend of company is incurred. The adoption can be ratio or fixed amount. For the adoption of ration, it is accessible to distribute in the fixed percentage (Like 2%), fixed range (Like 2% to 10%) or minimum (Like More than 2%, but not less than 2% ).
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FAQ
