- info@kaizencpa.com
- Our Office: USA - Hong Kong - Shenzhen - Shanghai - Beijing - Taiwan - Singapore - Japan - UK
+852 2341 1444(Hong Kong)
Search for anything.
Knowledge
- Home
- Knowledge
- Taiwan
The Difference Between TWSE Listing, TPEx Mainboard Listing and Emerging Stock Companies in Taiwan
TWSE Listing, TPEx Mainboard Listing and Emerging Stock companies in Taiwan are all referring to companies with outstanding shares held by outsiders’ investors. The main differences are the listing criteria and trading rules.Emerging Stock company refers to the companies which shares are issued and traded in the emerging stock market, and neither is TWSE Listing nor TPEx Mainboard Listing. Before a company registers for TWSE or TPEx Listed
Revision of Taiwan Business Mergers And Acquisitions Act
From 30/12/2020, parts of revised articles in “Business Mergers And Acquisitions Act” are passed and adopted by the department of executives in Taiwan. The revised parts are included to increase the transparency of information for business mergers, to grant the power of purchase for shareholders who vote against merger, to loosen the asymmetric merger
A Supervisor To Be Employee For Taiwan Limited Company By Shares
The establishment of a supervisor is a necessary supervisory and self-manageable unit for Taiwan company limited by shares pursuant to Company Act and aims to oversee the overall business operation and examination of accounting. The definition of “Supervise” is not only limited to hold the rights to oversee the businesses operated by directors
Taiwan Company Final Statement
Limited company, limited company by shares and branch the aforementioned modes of Taiwan company shall submit the business report, financial statement and surplus earning distribution or loss off-setting proposals to shareholders or shareholder regular meeting for acknowledgement. The statement generated after the abovementioned procedure is finished is so-called final statement.
Issuance of Stocks for Company Limited in Taiwan
Several types of shares without certificate, but registration in TDCC (Taiwan Depository & Clearing Corporation), are still deemed as legal issued shares. Such shares are solely levied on transfer tax. However, other types of transacted stocks without certificate are deemed as property transactions. Such transaction is not levied on transfer tax, but levied higher on individual income tax.
Features of Taiwan Branch Office of Foreign Company
A branch office does not have shareholders, directors or supervisor(s). The foreign head office shall appoint an individual as its agent for litigious and non-litigious matters and a branch manager. The same person may be designated as both the litigious and non-litigious agent and branch manager, or two different individuals may be designated. In either case, the designated agent and the branch manager receive all instructions from the foreign head office.
Taiwan Company Registered Address
For companies where business address is registered within Taipei City, the application “Business Location Pre-check” is required to be proceeded by Taipei City Hall before registration of a company, change of registered address and adding of business items to make sure the business items are complied with the regulations of urban plan and architectural management or other related laws.
Foreign Company Migration in Taiwan
Migration is defined as a company changes the country where it is incorporated to another, which is equivalent to the change of nationality of company, but the juridical person does still survive. The concept is similar to immigration. In the circumstance that the foreign company owns a company in Taiwan
Power of Attorney for Taiwan Agent
Upon the application of establishment of a Taiwan company for foreign investors, a copy of notarized POA (Power of Attorney) is required to submit and the agent shall be in the identity of natural person who has been residing in Taiwan and is not limited in accountants or lawyers. For investors from Mainland China,, the agent is mandatory to be a legal lawyer or accountant
Taiwan Representative Office of Foreign Company Guidance
Foreign company which does not intend to run their business within the territory of Taiwan but intends to establish a representative office for the demand of business shall report this fact to MOEA instead of application of recognition. The responsible person can be Taiwanese citizens or foreigners (excluding residents from Mainland China, but residents from Hong Kong and Macau included)