Registration Item

Name

Hong Kong XX Company Limited Taiwan Representative Office

Competent Authority

MOEA, Taxation Bureau, Trade Bureau

Application

By a foreign company

Structure

Head office is a foreign company

Business Qualification

N/A

Import and Export Qualification

N/A

Juridical Person Qualification

N/A

Number of Shareholder

N/A

Personnel

A representative only

Address

Registered on the address under the prescribed commercial regulations

Necessary for Bank Account Opening Before Establishment

Not necessary

Necessary for Responsible Person to Sign at Taxation Bureau Personally

Not necessary

Remark

The representative can be a foreign resident, but the residency in Taiwan is not required.

Shareholder or Responsible Person Qualification

Nature person or company from Mainland China is not allowed.

Requirement of Contribution Capital

Minimum Amount of Capital

Not required

Taxation

Uniform Invoice

N/A (Business activities not allowed)

Business Taxation Rate

N/A

Profit-seeking Enterprise Income Taxation Rate

N/A

Surplus Earning Distribution Taxation Rate

N/A

Surplus Earning Taxation

Business activities is not allowed within the territory of Taiwan.

Undistributed Surplus Earning Taxation Rate

N/A

Registration

Procedure

1. Verification of certificate of incorporation of parent company

2. Verification of Power of Attorney

3. Establishment of the representative office

4. Registration of Tax ID for one day

Processing Time

7-10 business days approximately

Verification of Documents

1. Certificate of Incorporation

2. Power of Attorney

Work Permit

Application

Representative shall present the physical performance of Taiwan representative office.

Labor Health Insurance

Insurance for Employers

Yes