Q:
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What documents shall be provided by a shareholder during the establishment of the company?
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A:
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If the shareholder is an individual, please provide the identification documents such as passport or ID Card and the address proof documents. If the shareholder is the corporate, please provide the latest company registration documents.
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Q:
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How long does it take to set up a Taiwan company?
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A:
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If the shareholder is a Taiwanese, the company can be established in 2 weeks. If the shareholder is a foreigner, it takes at least one month to establish, excluding the time for bank account opening and notarization of documents.
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Q:
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Is there a limitation of the number of shareholders for the Taiwan Company?
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A:
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The Taiwan Company can set up by one shareholder. There is no limitation of the number of the shareholder.
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Q:
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Could the Taiwan Company transfer their shares to third parties?
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A:
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The shareholders shall obtain the consent of more than half of the voting rights of other shareholders before transferring shares. If the shareholder is also the director of the company, the director must obtain the consent of more than three-thirds of the voting rights of other shareholders before transferring the shares.
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Q:
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If the shareholders of the Taiwan Company would like to shut down the company, do they need the consent of other shareholders?
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A:
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The dissolution of a Taiwan company requires the consent of all the shareholders.
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