Hello businessman, I am thinking along the same lines myself. Here is how I am approaching it.
You need to work it through setting up a company first. This will give you the legal protection.
You should ask an accountant to help you and also contact a lawyer(at least one session) to make sure the accountant knows what he’s talking about. I haven’t contacted the lawyer yet but I have talked to a CPA. I also went to the Ministry of Industrial Development but they just told me to go back to the accountants as all the myriad rules for different companies are very hard to understand and anyway all the forms will be in Chinese. Supposedly you do not need a Taiwanese to be registered even for a Taiwan registered company.
SETTING UP TAIWAN REGISTERED COMPANY
He said you need NT 500,000 in the Taiwan bank account to start up limited partnership(at least 5 partners),
NTD 1,000,000 in the Taiwan bank account to start limited company with shares(at least 7 shareholders)
Presumably if you did not have this capital yourself, ask some wealthy friend to transfer this money could be transferred in there, statement printed out, and then transferred back to your friend.
SETTING UP FOREIGN INVESTED COMPANY
If as branch office - again NTD 1,000,000 in Taiwan account
If as agent, other legal entity you need to check again
I am sure there are other rules lurking out there like minimum revenues in a year or certain licenses and educational qualifications needed…
To get an ARC you would then apply as general manager of the company you or as a director…
If anyone else has been through this process I also would appreciate the help. I hope above is accurate.
Could anyone point the way to competent and not too expensive accountants and lawyers in the Taipei area. Or other English reference material…
Thanks a lot,