Q01
Can a foreigner set up a joint venture with a Taiwanese or a person of a different nationality?
A01
Yes. However, the shareholding structure of the company includes foreign investment and therefore needs to be approved by the Investment Commission(MOEA).
Q02
Can foreigners register a business in Taiwan? How to apply?
A02
Yes, please refer to the Statute for Investment by Foreign Nationals and attach the approval documents issued by the Investment Board, Ministry of Economic Affairs.
Q03
Is there an age limit to apply for a Startups subsidy?
A03
No, there is no age limit. All company registered in Taipei City and within one year can apply for it.
Q04
What is the "Registered Address" refer?
A04
Registered Address is the company's base and commercial legal relationship, not the place of business premises.
Q05
Does the employee’s labor insurance have to be insured under the company when applying for SITI?
A05
Yes.
Q06
Can foreigners set up solely foreign-owned enterprises in Taiwan?
A06
Yes. In addition to sole proprietorships, foreigners are also able to operate joint ventures with people from different countries or with Taiwanese.
Q07
[Subsidies & Incentives for Taipei Industry] Can the host of the subsidy program be included in the personnel expenses?
A07
Yes, labor insurance or employment insurance materials must be attached.
Q08
How do I set up a social group (association)?
A08
You can ask the Department of Social Welfare, Taipei City Government.(https://english.dosw.gov.taipei/)
Q09
Can I apply for an entrepreneur visa in the name of a team?
A09
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.
