Company Establishment
Establishment Procedures
Subsidiary (Company Limited by Shares/Limited Company)
A parent company refers to a company that holds a certain percentage of shares in another company or has controlling power over another company. A subsidiary refers to a company in which a certain percentage of its shares are owned by another company or is controlled by another company. ...
A parent company refers to a company that holds a certain percentage of shares in another company or has controlling power over another company. A subsidiary refers to a company in which a certain percentage of its shares are owned by another company or is controlled by another company. Parent companies and subsidiaries are independent legal entities and can independently bear civil liabilities. Although subsidiaries are controlled by their parent companies in many aspects, sometimes even serving as extensions of their parent companies, they are independent enterprises by law. They have their own company name and articles of association, and they conduct business in their own name. Moreover, parent companies and their subsidiaries may independently own assets.
Branch
Many companies operate in multiple countries. Branches are established in different countries to conduct business locally. ...
Many companies operate in multiple countries. Branches are established in different countries to conduct business locally. The relationship between the head office and branches is similar to that of parent companies and their subsidiaries. However, the legal statuses of branches and subsidiaries are different. Branches directly conduct business on behalf of the head office. They are not legal entities, do not possess independent legal status, and can not independently bear civil liabilities. Branches do not own independent assets. Instead, they use assets owned by the head office. Branches do not have their own articles of association or management/executive departments, such as a board of directors. Branch names are typically added as a suffix after the name of the head office.
Office
An office is the base of preparatory and auxiliary operations for foreign enterprises in Taiwan....
An office is the base of preparatory and auxiliary operations for foreign enterprises in Taiwan. Offices cannot conduct business directly. They may only carry out non-profit operations, such as collecting information, conducting market surveys, launching promotions, serving as a point of contact, providing quotes, and engaging in negotiations. Offices cannot engage in for-profit activities, such as accepting payment for goods and services or taking orders. Offices may list expenses once they are registered. However, the office may not declare revenue. In other words, the funds deposited into an office's bank account in Taiwan may only be used for operating expenses, employee salaries, and rent, and all withholdings must be declared. Offices must declare annual business income tax, even without revenue.
Information for Young Entrepreneurs
Innosquare
Innosquare is located on the third floor of Taipei Bridge Station. Officially opening its doors on November 19, 2014, ...
Innosquare is located on the third floor of Taipei Bridge Station. Officially opening its doors on November 19, 2014, Innosquare was the first accelerator initiative hosted by a local government. It hosts entrepreneurial courses and offers expert counseling, fund matchmaking, industry matchmaking, and market docking services. Innosquare merged with New Taipei City Blockchain Promotion Office on September 10, 2018, and began promoting the development of the blockchain industry and relevant applications. To October, 2022, Innosquare has cultivated 16 generations of innovators, some 251 teams, including 22 blockchain teams, in the fields of IT, cloud services, cultural creativity, e-commerce, blockchain technologies, and conventional industry innovation.
Youth Entrepreneurship Resources Zone of Youth Department, New Taipei City Government:
。New Taipei Innovation Hubs
。New Taipei Youth Innovation Sanchong Social Innovation Base
。New Taipei Youth Innovation Wugu Self-made Base
。New Taipei Youth Innovation Baogao Digital Base
。New Taipei Youth Innovation Xindian Future Base
School Incubation Centers
Seventeen schools in New Taipei City have established business incubation centers, including the National Taiwan University of Arts Innovation Incubator Center...
Seventeen schools in New Taipei City have established business incubation centers, including the National Taiwan University of Arts Innovation Incubator Center, National Taipei University Center for Innovation and Entrepreneurship, Fu Jen Catholic University Center of Technology Transfer and Resource Integration, Tam Kang University Cham Pion Innovation Incubation Center, and Ming Chi University of Technology Innovation and Incubation Center. In addition to establishing incubators throughout the administrative districts of New Taipei City, universities draw on their strengths to cultivate innovation and combine academic research resources to assist startups in accelerating innovation, research, and development.
The New Taipei City Government partnered with Amazon Web Services
(AWS) and FCC Partners in launching the Joint Innovation Center in August 2018. The center is located in Banqiao Tpark. It strives to integrate industry, government, university, research, finance, and innovation resources to accelerate industry innovation and global expansion. Today, the center has cultivated three generations of innovators, some 49 teams specializing in smart manufacturing, smart medicine, smart retail, and smart life. The center organizes various activities, such as product and service briefings, business courses, founder clubs, and investor clubs, to expand new ventures and help innovators understand new development trends.
