::: FAQ – Startup@Taipei

FAQs

Q01

What is the "Registered Address" refer?

A01

Registered Address is the company's base and commercial legal relationship, not the place of business premises.

Q03

Can foreigners set up solely foreign-owned enterprises in Taiwan?

A03

Yes. In addition to sole proprietorships, foreigners are also able to operate joint ventures with people from different countries or with Taiwanese.

Q05

How do I set up a social group (association)?

A05

You can ask the Department of Social Welfare, Taipei City Government.(https://english.dosw.gov.taipei/)

Q06

Can I apply for an entrepreneur visa in the name of a team?

A06

Yes. Entrepreneur visas can be applied for in the name of an individual or in the name of a team. The number of people applying in the name of a team is limited to 3 people.

Q08

Dose the funding of the incentives & subsidies program include the cost of entrusting an accountant to handle the company's accounts?

A08

No, please refer to the principles and verification criteria of accounting for each project.

Q09

Is there a minimum capital restriction for establishing a company?

A09

According to the company law, therer is not any minimum capital restriction for establishing a company. If the accountant verifies that the amount of capital is sufficient to cover the cost of establishment, anyone can establish a company.

Q10

What is the application period for "Startup subsidy", "R&D subsidy" and "Branding subsidy" ?

A10

Companies applying for "Startup subsidy" must be registered in Taipei within one year, while applying for "R&D subsidy" and "Branding subsidy" must be set up for more than one year.