Large business setup in Taiwan
Starting a large company requires thorough planning and effort, with specific obstacles and considerations to be mindful of when establishing a corporation. We will explore the benefits of launching a big business in Taiwan and how our tailored solutions can help you succeed.
The process of setting up a large business
Creating a major company in Taiwan involves a similar procedure as starting a small or medium-sized business. Nevertheless, because of its size and intricacy, establishing a large enterprise usually demands more time and resources. The procedure can be outlined as:
Choose a business name
The name of the business must be original and not already in use. You can verify the availability of a name on the Taiwan Trade Registry’s website.
Select legal entity type
Choosing the right legal structure is crucial for the prosperity of your sizable company. Our expert advice on Company Limited by Shares, Limited Company, Branch Office, and Holding Company can assist you in making a well-informed decision that fits your individual needs and future goals.
Set up legal address
When beginning a business, it is crucial to have a “legal address” as it acts as the primary contact for government agencies, legal authorities, and important business correspondence. Selecting a legal address that complies with local regulations and fits your business needs is essential.
Get the necessary paperwork ready
We have a team of specialists who will assist you in developing detailed and tailored documentation that aligns with your company’s structure and objectives. We assure compliance with all legal requirements and will handle the filing procedure on your behalf.
Open a bank account
We will support you as you go through the process of opening a bank account, making sure the company follows all regulations and selecting a trustworthy financial institution for your account in Taiwan.
Company registration
We take care of the registration process with government agencies such as the Trade and Companies Register and tax authorities, freeing you from the administrative tasks. This ensures that your business is properly recognized and in compliance from the beginning.
Setup accounting
In order to effectively start a major business, keeping precise financial records is crucial. Our accounting team can assist in implementing efficient accounting and bookkeeping methods that adhere to Taiwan’s regulations.
Large business examples
Big businesses function in various industries and sectors, each with unique requirements. Here are a few examples of big businesses:
- Aviation: Airlines, major aircraft manufacturers
- Bank: Large, national, or international banks
- Blockchain: Depending on the company, it can also be also medium or small sized business
- Cars and vehicles: Major car manufacturers, large fleet management companies
- Construction: Firms handling large infrastructure projects
- Energy: Utility companies, oil and gas producers
- Freight and package transportation: Major shipping and logistics companies (FedEx, UPS, etc.)
- Minerals: Large-scale mining operations
- Tourism and travel: Major hotel chains, international tour operators
Benefits of establishing a large business in Taiwan
Taiwan is an attractive option for establishing a big business, providing a wide range of benefits
Strategic location
Taiwan’s strong technological abilities, reliable business climate, and potential in technology, manufacturing, and innovation make it a appealing choice for companies seeking advanced solutions and opportunities. With its outstanding semiconductor sector, well-trained workforce, and governmental backing for research and development, Taiwan offers many benefits for businesses wanting to enter its vibrant market.
Favorable tax regime
Taiwan maintains a uniform corporate income tax rate of 20%. There are a range of benefits for research and development, along with tax credits for specific investments, making the country an attractive option for businesses due to its advanced technology sector and convenient location.
Banking
Taiwan’s banking sector, which is well-established, provides stability and opportunities for a variety of financial services and investment. This attracts investors who are looking for secure banking solutions in a technologically advanced setting.
Our Large business setup solutions
We understand how valuable your time and resources are. That’s why we offer two convenient options to make the company formation process easier.
Business formation online
With the online platform offered by Taiwan, individuals can begin and finalize the process of starting a business from any location in the world. The option to track advancement, upload necessary paperwork, and access our services via secure digital channels guarantees a seamless and hassle-free experience.
Business formation remotely
If you’d rather not deal with the paperwork, our team of professionals can take care of all the necessary formalities, complete the required paperwork, and communicate with the relevant authorities on your behalf to ensure you have peace of mind.
Contact us
Get in touch now to schedule a consultation and begin pursuing your business goals. We can embark on this journey together.