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Q：
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Can foreign nationals establish an insurance company in Taiwan?
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A：
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Yes, foreign investment is allowed to engage in insurance-related business in Taiwan.
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Q：
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What is the minimum capital requirement for establishing an insurance company?
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A：
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The minimum paid-in capital required for establishing an insurance company is TWD 2 billion. The contributions from founders and shareholders must be in cash.
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Q：
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Can insurance companies register other business activities?
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A：
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No, companies can only register business activities that correspond to their specific insurance business categories and operate exclusively within those areas.
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Q：
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Can insurance companies also engage in insurance agent and broker businesses?
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A：
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No, they must establish the company according to the regulations for insurance brokers and insurance agents.
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Q：
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Does the insurance industry require a special license?
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A：
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Yes, the company must apply for establishment approval from the competent authority before setting up, and within three months after registration, it must apply for a business license from the same authority.
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SOALAN LAZIM
