Points to Consider Before Starting a Business in Taiwan
5 minutesTaiwan has evolved to become a perfect business place in Southeast Asia through the years. With a 90% confident rating in a 2021 survey, starting a business in Taiwan indeed looks good! Perhaps, this is because the country offers a list of advantages that include its educated workforce, geographical location, a sturdy legal environment, excellent infrastructure, and a robust IT cluster.
Labor Insurance for Taiwan Foreigners: A Practical Guide for Employees and Employers
5 minutesRegardless of the business size, employers are required within the jurisdiction of the Taiwan employment Act to enroll all recruited employees, including interns and business assistants, in labor insurance on the first day of employment. This is also applicable to non residents and foreign workers. Labor insurance for Taiwan foreigners is expected for all foreign workers employed in Taiwan.
How to Open a Bank Account in Taiwan as a Foreigner
7 minutesOpening a bank account in Taiwan is essential for daily financial transactions, whether you are a citizen, immigrant, resident, or foreigner. This process involves completing all necessary legal documentation and applications. If you are a foreigner looking to start a business in Taiwan, this article outlines the steps required to open a corporate bank account.
A Brief Guide on How to Start an Online Business in Taiwan
6 minutesTaiwan is a perfect place to establish an online business due to its market-oriented economy and favorable approach to foreign enterprise. Starting an online business in Taiwan seems like a fantastic concept because it is predicted that within a short period, e-commerce platforms or digital marketplaces which sell items in this region will surpass the physical stores and outlets already in operation.
Understanding Taiwan Preparatory Bank Account Opening
5 minutesThe company preparatory office is one of the necessary processes in the company incorporation process in Taiwan and is quite different with other countries.
The main purpose is for the confirmation of capital injection. When a company is under the incorporation process, the total capital must be firstly determined in the articles of association. Then, it should be fully paid to ensure that the company has stable financial ability so can cover the operation costs and protect the rights of company’s creditors.
How to Set Up a Representative Office in Taiwan
5 minutesTaiwan is famous as a hub for different establishments and enterprises. That’s why you’ll find several representative offices in the region. But what is the meaning of a Taiwan representative office? And how is it created? Keep reading to learn more. This piece will reveal crucial details about this organization, including how to set up representative office in Taiwan.
How to Choose the Type of Business Entity in Taiwan: Key Factors and Considerations
6 minutesTaiwan is a great place to start a business. There are favorable laws and infrastructure in this region to support business growth. Before embarking on entrepreneurship in Taiwan, foreign investors need to decide the type of business entity to setting up a company. There are several types of companies in Taiwan to choose from, and the final choice will determine what to expect in the future. Are you confused about which enterprise to choose? You’re in luck. This piece will discuss how to select the type of business in Taiwan.
How to Set Up a Branch Office in Taiwan
5 minutesSetting up a branch office in Taiwan can be an attractive option for foreign companies looking to expand their business presence in Asia. Taiwan has a vibrant economy and a strategic location, making it an ideal destination for businesses looking to access the Asian market.
How to Register a Company in Taiwan: 5+ Essential Steps for Expats
6 minutesWhether you moved to Taiwan for a project or to experience something new with your relatives or friends, you may decide that you want to launch a business there, and as such would require information on how to register a company in Taiwan.
Starting a business in Taiwan will be profitable and enjoyable for expats for a number of reasons, including the fact that expats can own 100% of their business.
Taiwan also boasts a low cost of living, allowing you to concentrate on earning money rather than paying rent.
Even if the benefits are considerable, you first need to discover how to launch your company in Taiwan to start enjoying them.
You might not even need to travel to Taiwan to begin operations if you want to start a business there.
It is now feasible to establish your corporate entity without being present thanks to recent reforms.
In general, hiring an agency or local representative in Taiwan to manage the process on your behalf is a good option.
Taiwan Tax Filling: Everything You Should Know
5 minutesIf you find yourself reading this post, it’s probably because you want to know more about Taiwan tax filing. Look no further; you’re already in the right place. This post will discuss everything you need to know about tax filing in Taiwan. Taiwan’s lowest individual tax level (5 percent) is one of the lowest globally. However, many expats and businesses in Taiwan may be curious about the Taiwan tax rate.