Start a Business in Taiwan

Apply for FIA approval

Submit foreign investment approval application to the Investment Commission under MOEA

Reserve company name at MOEA

Pre-check and reserve the company name through the MOEA online portal

Register the company with MOEA

Submit registration documents and obtain the company registration certificate

Remit capital and obtain CPA verification

Transfer capital to Taiwan and engage a CPA to issue the capital audit report

Register for taxes and obtain UBN

Complete tax registration with the National Taxation Bureau and obtain Unified Business Number

Open a corporate bank account

Open a business account at a Taiwanese bank with company registration documents

Claim R&D tax credits

Apply for 15% tax credit on qualifying R&D expenditure through the Statute for Innovation

Set up accounting and e-invoice system

Engage a local CPA firm and implement the government-mandated electronic invoice system

Enroll in labor and health insurance

Register employees with Bureau of Labor Insurance and National Health Insurance within 3 days of hiring

Apply to Science Park if applicable

Submit application to Hsinchu, Southern, or Central Taiwan Science Park for tech companies

Secure office or factory space

Lease commercial space - science parks offer subsidized rates for qualifying technology firms

Apply for Gold Card or work permit

Self-apply for Gold Card (qualified professionals) or have employer sponsor a work permit