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Company Registration Data Inquiry Service in Taiwan
The basic particulars of general companies (non-publicly listed companies) in Taiwan can be found on the Taiwan Business Registration Office website. These basic particulars include basic information such as company name, company address, names of directors, capital amount, and business items. However, detailed shareholder information cannot be accessed through this search.
Introduction to the Duties of Supervisors in Taiwan Company
A Taiwan limited company by shares is required to appoint at least one supervisor to oversee and conduct audits of the company’s operations. The primary purpose of supervisor role is to serve as a check against the board of directors, ensuring that the rights of general shareholders are not infringed upon and that directors do not abuse their powers for personal gain.
How to Transfer Real Estate Under Taiwan’s New Real Estate Law
Transferring a house to children through a gift allows the use of the announced current value to calculate the gift amount, and there is a tax exemption available to save on taxes. However, if children sell the house later, they will face a huge unified real estate tax because the profit is calculated based on the announced current value at the time of the gift
Convening a Taiwan Shareholders' Meeting
Limited company by shares in Taiwan holds an annual regular meeting of shareholders every year. If there are significant matters to be discussed, an extraordinary general meeting of shareholders may also be convened. Generally, both regular meeting and special meeting are convened by the board of directors.
Re-election of Directors and Supervisors in a Taiwanese Corporation
According to the regulations of Company Law in Taiwan, the term of office for director and supervisor of a Taiwanese corporation is maximum of three years, and elections must be held at the end of each term. However, if the directors and supervisors elected in each election are the same as the previous one, they may be re-elected consecutively.
Introduction to Taiwan Import and Export Manufacturer Registration
If a Taiwan company operates in international trade, requiring the import or export of goods, it must register with the Taiwan Bureau of Foreign Trade for an import/export business registration after the company registration is completed. The first step in applying for an import or export business registration is to conduct a preliminary search for the company’s English name
Introduction to Taiwan Industrial and Commercial Certificate
Taiwan Business Certificate is an IC card used by limited companies, branch offices, limited partnerships, and other businesses registered under Taiwan’s Company Law and Commercial Law for online identity verification. Recently, companies can directly use this certificate to apply for various electronic related businesses online, without being restricted by the time and location of case submissions
Taiwan Company Shareholder Declaration
To comply with the Anti-money laundering policies, Taiwan companies shall declare the shareholding information which shareholders holding the shares more than 10% on the shareholder declaration platform affiliated with TDCC (Taiwan Depository & Clearing Corporation) on March 1st to 31st annually.
Taiwan Migrant Workers Retention Scheme Adds New Open Categories and Long-term Employment Program
Taiwan's Migrant Worker Retention Scheme, which has already approved the transition of over 4,000 migrant workers to mid-level positions, is currently being amended by Taiwan's labor department to further relax regulations. New additions include mid-level technical jobs in slaughterhouses and an increase in the number of hours for in-house training courses provided by manufacturing and slaughterhouse businesses to 80 hours as a technical qualification.
Employment Termination Advance Notice
Upon the termination of employment contract between employer and employees, it is required for the employer to notify such termination to the employee in advance. Advance notice period is a protection termination measure, which aims to make sure the mutual parties have sufficient times to prepare and handle. If the employer fails to notify the termination in advance, it is required to compensate the employee the wages during the advance notice period.