Q:
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Could the foreign investor handle the registration of the company themselves?
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A:
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If the foreign investor is a natural person without the Taiwan Alien Resident Certificate (ARC) or the foreign company without a branch in Taiwan, if they wanted to invest in Taiwan, they should provide the Power of Attorney (POA) for the investor agent, appoint the Taiwan local resident as the agent, to handle the registration of the company.
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Q:
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Could the foreigner act as the chairman of the invested company?
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A:
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Foreign investor or the representative appointed by the foreign company, could act as the chairman or the person in charge of the invested company.
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Q:
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What kind of identification documents should be attached when the foreign investor applies for investment?
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A:
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When the foreign investor decides to invest in Taiwan, they should prepare the following identification documents:
1.
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For the natural person investor, should prepare the Nationality Certificate, or the copy of Passport within the validity period, or the copy of the Alien Permanent Resident Certificate (APRC).
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2.
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For the foreign company investor, should prepare the Certificate of Incorporation, Company Registration documents issued by the local government, etc.
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Q:
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What is the regulation for the Taiwan local agent of the foreign investor?
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A:
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The Taiwan local agent should be the natural person resides in Taiwan, it does not limit to Certified Public Accountant (CPA) or Lawyer. The foreigner that having the Taiwan ARC, could also act as the local agent within the validity period of ARC card, however, personnel that serving at the Taiwan government or education institution or the public institution or military personnel are not allowed to act as the agent.
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Q:
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How the shareholder of the limited company examines the accounts and books of the company?
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A:
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According to Articles 109 of the Company Act, the shareholders who do not conduct business may exercise the power of audit from time to time, and such power of audit is in accordance with the provisions in Article No. 48 of the Company Act. Shareholders who do not conduct business may require shareholders who conduct business to furnish information on the business condition of the company and examine its assets, documents, books, and statement at any time.
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