I’m about to start seeking quotes from accountants to close a Branch office of a foreign company in Taiwan. I read in How to Start a Business in Taiwan that CPAs typically charge between 25k - 100k. I have seen one quote already for 48k and another for 63k.
Has anyone gone through the process in the past few years? Do you have any other CPA quotes or tips to share?
The elements of the process I have come to understand so far are:
- Parent company board resolution
- Notarisation of the board resolution
- MOEA: Business deregistration
- MOF: Tax deregistration
- Report final income, final tax filing and payment
- Return of invested capital to parent
- Closing bank account