World Watch/Taiwan/Starting a Business

Starting a Business · Taiwan

Starting a Business - Taiwan

ModerateStatute for Investment by Foreign Nationals; Company Act (ROC); administered by the Department of Investment Review (DIR), Ministry of Economic Affairs (MOEA)

Taiwan permits foreign nationals to establish companies and hold 100% equity in most sectors, subject to a mandatory Foreign Investment Approval (FIA) from the MOEA's Department of Investment Review before incorporation. A 'Negative List' prohibits or restricts foreign participation in sectors including certain telecoms, broadcasting, agriculture, and legal/accounting services. The end-to-end process—from name reservation through tax registration—typically takes 4–8 weeks and is partially managed through the MOEA's online One-Stop Portal.

Foreign Investment Approval (FIA)

Foreign investors must obtain FIA from the MOEA Department of Investment Review prior to incorporating and remitting capital. This pre-approval step is mandatory and unique to foreign applicants; it verifies the nature and amount of capital contribution.

Negative List & sector restrictions

The Negative List for Investment by Overseas Compatriots and Foreign Nationals classifies certain industries as Prohibited or Restricted. Restricted sectors include wireless and fixed-line telecoms (49% direct FDI cap; 60% total foreign shareholding cap), cable TV, satellite broadcasting, certain agriculture, husbandry, fishing, forestry, transportation, and professional services such as law and accounting.

Minimum capital

Taiwan imposes no statutory minimum paid-in capital for most company types. However, if a foreign national requires a work permit as company manager, capital must be at least NTD 500,000 (~USD 15,000). Capital must be remitted and verified by a Taiwan-licensed CPA before incorporation is completed.

Registration steps & timeline

The process involves: (1) Chinese company name reservation with MOEA, (2) FIA from DIR/MOEA, (3) inward capital remittance and CPA verification, (4) adoption of articles of incorporation, (5) incorporation registration with MOEA, (6) concurrent tax, labor insurance, and pension registration. The MOEA One-Stop Portal handles most steps online. Total timeline is typically 4–8 weeks; subsidiaries may take 68–88 days.

100% foreign ownership generally allowed

Outside restricted and prohibited sectors, foreign nationals may own 100% of a Taiwan company. Taiwan lifted the general cap on total individual foreign shareholding in public companies in December 2000. Foreign-invested enterprises receive national treatment equivalent to locally-owned firms.

Proposed FIA threshold reform

The MOEA's Investment Commission has been drafting amendments to the Statute for Investment by Foreign Nationals that would replace the pre-investment FIA requirement with a post-investment reporting system for investments under USD 1 million in non-restricted sectors. Pre-approval would remain mandatory for restricted industries and larger investments.

Machine-assisted translation · verified 5/24/2026 · orientation, not legal advice. English version →