The types of companies established by foreign companies can be categorized as follows:
- Subsidiary: A company with profit-seeking purpose, and is registered by Taiwan’s legal organizations. Apply for search and reservation of company name from the Department of Commerce, Ministry of Economic Affairs, R.O.C., and apply for investment permit from the Investment Commission, Ministry of Economic Affairs, R.O.C., then apply for company registration with the organization that the main company is registered under the jurisdiction of.
- Branch Office: A company with profit-seeking purpose, and is registered by foreign legal organizations. First, apply for authenticated approval of foreign company and branch office registration from the Department of Commerce, Ministry of Economic Affairs, R.O.C. (if the company is located in an export processing zone or a science park, please apply for company registration with The Export Processing Zone Administration, Ministry of Economic Affairs, R.O.C. and Southern Taiwan Science Park Bureau, Ministry of Science and Technology too). Business registration (including factory registration and importer registration) should also be applied for from the Department of Commerce, Ministry of Economic Affairs, R.O.C.
- Representative Office: This is when a foreign company has no intention in establishing a subsidiary or branch office in Taiwan, and only appoints a representative for legal business actions. Apply for the act of appointing a representative as specified in Paragraph 1, Article 386 of Company Act from the Department of Commerce, Ministry of Economic Affairs, R.O.C. If the representative is required to stay for a long period of time, a representative office should be established as specified in Paragraph 2, Article 386 of Company Act.
Source of Information:Invest Taiwan。