啟源顧問有限公司的部落格

Taiwan Branch Office Registration Package #TWBO5

(For Company Registered in Place other than Mainland China)

Unless otherwise stated, the Taiwan Branch Office stated in this quotation referred to the Branch Office incorporated in Taiwan under the Taiwan Company Act.

This package is suitable for individuals or companies registered in places other than Mainland China that intend to apply to register a branch office in Taiwan. For the company established in Mainland China or a foreign company held by a Mainland Chinese to apply for registration a branch office in Taiwan, please refer to the “Package for the Mainland China Company to register a Taiwan Branch Office”.

Summary

Our service fee for the registration of the Taiwan branch office is TWD 78,000. This package included the service fees, government registration fee, and opening a Taiwan bank account. This package does not include the registered address service for the Taiwan branch office.

For the purpose of registration of a branch office in Taiwan, the client needs to provide an intended firm’s name, the capital, identification document of the litigious and non-litigious agent and managers such as passport, the company registration form, the articles of incorporation and shareholder transfer books of the headquarters.

The registration of the Taiwan branch office takes about 4 to 6 weeks.

If the business to be carried out by the branch office in Taiwan requires extra license or permit, we could assist to apply for such license or permit and our fees will be quoted upon request.

Taiwan Branch Office Registration Package

1.   Service Fee and Time of Billing

Our service fees for the registration of a branch office in Taiwan is TWD 78,000. In particular, our fees cover the following services:

(1)   Registration and Related Services

(a)    Preliminary check of firm’s intended name;

(b)    Preparation of branch office registration documents;

(c)    Fill in and prepare the application form;

(d)    Kaizen service fees and government registration fee;

(e)    Taiwan branch office registration certificate;

(f)    Engrave a stamp.

(2)   Bank Account Opening

In the process of registering a Taiwan Company, the Taiwan Company needs to work the bank account in two phases. Firstly, by setting up a preparatory account, so that the capital contribution could be remitted by the investor. After receiving the approval letter from the Taiwan government, the investor could change the preparatory account into a formal account.

According to the policy of the bank, the litigious and non-litigious agent of the Taiwan Company will need to present in person to meet the bank for identity certification and conduct due diligence requirements. Kaizen's role is limited to providing assistance, including preparing bank account opening documents and making appointments with the bank. The bank has the right to decide whether to approve the client's account opening application, and whether the account opening is successful or not, Kaizen does not assume any responsibility. If the company registration cannot be carried out due to the failure of the bank account opening, Kaizen will refund half of the service fee, which is TWD 39,000.

(3)   Capital Verification Report

After investor remits capital, the company should hire a certified public accountant for capital verification. Kaizen would arrange a certified public accountant in Taiwan to engage in capital verification.

(4)   Import and Export Card

If you intend to conduct import and/or export business in Taiwan, you are required to apply for Import and Export Card with Ministry Economic Affairs. Kaizen will handle the application for Import and Export Card immediately after the company is duly registered. The official language in Taiwan is Chinese, hence, most of the documents only shown in Chinese. If client needs English name, you can apply for Import and Export Card, which the Chinese name and English name of the company will be shown.

(5)   Application for Tax Code

Apply the certificate of profit-seeking enterprise at the National Taxation Bureau, the taxation registration number is a taxation ID issued by the authority. According to different types of industries, there are two types of tax registration certificates and local tax registration.

2.   Optional Services

(1)   Company registered address service

The branch office registered in Taiwan should have a physical address before the registration. The client could provide their own address in Taiwan, or if the client needs to use Kaizen company address for registration address, the company registered office service fee is TWD 54,000 per one year.

(2)   Translation Fee

The fee above does not include document translation fees. Taiwan's official language is Chinese. For the document provided in English, such as a minute of meeting or power of attorney, it should be translated into Chinese, or client needs an English version of the registration document for reference, Kaizen could provide a related translation service, specific prices are subject to the actual situation.

3.   Time of Billing and Payment Methods

Upon receipt of your order, we will issue an invoice and send our bank information together to you through email for your settlement.

We require full payment in advance. We currently only accept Hong Kong Dollar check, cash or TT and credit card through PayPal. If paying by PayPal, an additional 5% of the service fee will be charged.

If Taiwan uniform invoice is required, a Business Tax at 5% of the invoiced amount will be charged and collected.

4.   Estimated Time Frame

The whole registration process would take around 4-6 weeks. The table below shows the estimated time frame for the registration process:

Note:

(1)   The estimated time is based on the company that does not require any special license.

(2)   The estimated time is based on high cooperation between Kaizen and the client.

5.   Required Documents and Materials

(1)   Branch Office Intended Name

Please provide two to three Chinese branch office names. The client is required to provide one English company name to open the company bank account, which is for the client to remit the capital from overseas.

(2)   Identification Documents of the Investor

The identification documents of the investor such as Certificate of Incorporation, Articles of Association, Register of Shareholders, Register of Directors, and the organization chart of the company. For the Hong Kong Company, Register of Significant Controller shall be provided. For the company organization chart, it shall disclose until the final beneficiary owner, the natural person shareholder who held the shareholdings with 25% and above shall provide a scanned copy of passport.

(3)   The Minutes from the Shareholders or the Board of Directors

The minutes of the shareholders or the board of directors regarding the resolution to register a Taiwan branch office. This package includes the preparation of the minutes regarding the resolution.

(4)   The Power of Attorney of the Litigious and Non-litigious Agent and Manager

The power of attorney is about headquarter entrust the litigious and non-litigious agent and manager to hold the position in Taiwan. This package includes the preparation of the document about the resolution.

(5)   Identification Documents and Address Proof of the Director

A copy of the identification document and address proof in respect of the litigious and non-litigious agent of the Taiwan branch office.

(6)   Lease Agreement, Consent of Building Owner and the Latest Housing Tax Bill

The lease agreement that the company address registered, a copy of the house tax bill, and the consent of the building owner.

(7)   Registered Capital

There is no limit on the capital registered, but Kaizen suggests that investors should remit a capital for TWD 500,000 and above so that the company could operate well.

(8)   Business Scope

A brief description of the principal business activities of the Taiwan branch office, including the products to be imported/exported/traded or services to be provided.

6.   Certificates and Documents to be returned to Client

After the procedure completed, we will return the following documents to the client:

(1)    Approval letter issued by the Ministry of Economic Affairs;

(2)    Business registration form;

(3)    Approval letter issued by the Taxation Bureau of Taiwan;

(4)    The stamp of the company and the stamp of the litigious and non-litigious agent;

(5)    Uniform invoice certificate and business IC card;

7.   Annual Maintenance Fee

After a branch office is officially registered in Taiwan, it is required to comply with the maintenance requirements such as prepare an annual business report, updating books of accounts, auditing of financial statements, filing of business tax bimonthly, and filing of profit-seeking enterprise income tax returns. The fees below show the annual maintenance costs for the Taiwan branch office.

If you wish to obtain more information or assistance, please visit the official website of Kaizen CPA Limited at www.kaizencpa.com or contact us through the following and talk to our professionals:

Tel: +852 2341 1444

Mobile: +852 5616 4140, +86 152 1943 4614

WhatsApp/ Line/ Wechat: +852 5616 4140

Skype: kaizencpa

Email: info@kaizencpa.com