Tag Archives: startups

Closed companies: still a useful option?

We published an article last year highlighting the amendments to Taiwan’s Company Act (the “Act”) which came into effect on November 1, 2018.  The changes to the Act were extensive and, among other things, greatly enhanced flexibility in structuring Taiwan company fundraising and shareholder control arrangements. During the preparation of the amendments to the Act, [...]

Exenciones a los requisitos para el permiso de trabajo en Taiwán: El Mecanismo de Consulta

This is a Spanish translation of our English article “Exemptions to Taiwan’s work permit requirements: the Consultation Mechanism”, which you can find here. Esta es la traducción al español de nuestro artículo en inglés “Exemptions to Taiwan’s work permit requirements: the Consultation Mechanism”, el cuál se encuentra disponible aquí. Los requisitos para la obtención del [...]

Exemptions to Taiwan’s work permit requirements: the Consultation Mechanism

Taiwan’s work permit requirements may appear to be inflexible but little-known exemptions are readily available for two requirements: minimum employer capitalization/revenue and minimum post-graduate work experience. The Basic Requirements Most foreign professionals in Taiwan other than teachers are employed in Class A professional and technical work. To hire a foreign professional for Class A work, [...]

National Development Council announces plans to simplify incorporation

The National Development Council and other agencies recently announced three planned measures to simplify procedures for foreign investors wishing to establish business entities in Taiwan. 1. A university may allow a startup to register its business address at a university incubator A business in Taiwan must register the actual premises from which the business is [...]

Taiwan to begin issuing entrepreneur visas from July

According to reports in the Chinese language media, National Development Council (NDC) Minister Woody Duh has announced that Taiwan will begin issuing entrepreneurial visas to foreign nationals from July, in a bid to attract talent, strengthen Taiwan’s startup ecosystem and create jobs. 2,000 visas a year will be available to foreign nationals (including nationals of [...]