The following overview provides a detailed, data-driven breakdown of the typical costs associated with establishing and maintaining a standard Company Limited by Shares in Taiwan. The information is sourced exclusively from official government and institutional sources, reflecting the requirements and fees applicable for 2025.
Company Formation Costs in Taiwan (2025)
Setting up a Company Limited by Shares (有限公司) in Taiwan involves a combination of government, legal, and minor administrative fees. All figures are presented in New Taiwan Dollars (TWD), with USD conversions included for reference (using a rate of 1 USD = 32.0 TWD).
| Cost Item | Amount (TWD) | Amount (USD) |
|---|---|---|
| Minimum capital requirement | NT$1 | $0.03 |
| Company registration fee (government) | NT$1,000 | $31.25 |
| Business registration fee (municipal) | NT$2,000 | $62.50 |
| Name reservation fee | NT$300 | $9.38 |
| Notary/legal documentation (average lawyer fee) | NT$30,000 | $937.50 |
| Stamp duty | NT$400 | $12.50 |
| Other miscellaneous fees (bank account opening, etc.) | NT$1,299 | $40.59 |
| Total Average Cost | NT$35,000 | $1,093.75 |
The total average cost to establish a Company Limited by Shares in Taiwan comes to approximately NT$35,000 ($1,093.75), with legal fees constituting the largest portion of the initial outlay.
Annual Company Maintenance Costs
Once registered, ongoing compliance and operational requirements incur annual costs that are essential for legal operation and continued business registration. The table below outlines typical annual maintenance fees for a Company Limited by Shares:
| Maintenance Item | Typical Cost Per Year (TWD) | Cost Per Year (USD) |
|---|---|---|
| Annual business license renewal fee | NT$1,000 | $31.25 |
| Mandatory accounting and tax filing services (minimum) | NT$12,000 | $375.00 |
| Bookkeeping software or service | NT$2,000 | $62.50 |
| Annual tax declaration fee (if using external accountant) | NT$5,000 | $156.25 |
| Other compliance/administrative costs | NT$2,000 | $62.50 |
| Total (minimum – maximum) | NT$15,000 – NT$40,000 | $468.75 – $1,250.00 |
Annual maintenance expenses usually range between NT$15,000 and NT$40,000 ($468.75 – $1,250.00) for most standard companies, depending on the specific scope of external services required and the complexity of accounting needs.
Summary of Key Costs (2025)
- Company setup (one-time average): NT$35,000 ($1,093.75)
- Annual maintenance (recurring): NT$15,000 – NT$40,000 ($468.75 – $1,250.00)
The most significant single expense is typically the notary/legal documentation (average lawyer fees), while ongoing consulting or accounting costs drive annual expenditures.
Relevant Government Authorities and Official Sources
Pro Tips for Setting Up and Running a Company in Taiwan
- Engage a qualified legal professional early to streamline your documentation and reduce delays during company registration.
- Compare local service providers for accounting and tax services—fees can vary widely, and bundled services may offer better annual rates for compliance needs.
- Plan for mandatory annual renewals and set reminders for tax declaration deadlines to avoid late penalties or government sanctions.
- Consider using cloud-based bookkeeping software to minimize ongoing administrative costs and facilitate smoother cooperation with external accountants.
Taiwan offers a transparent and predictable environment for company formation, with clear official cost structures. The majority of expenses are straightforward and centered around legal registration and ongoing accounting or compliance needs. It’s important to budget not just for initial set-up but also for recurring annual requirements. Focusing on professional service providers and efficient compliance methods can help ensure your business remains in good standing.