+886-2-2557-5607 Local Business Resource Assistance Contents Global Economy News Major Tax Updates in Singapore Philippines: President approves law to remove foreign equity restrictions on public service companies From February 15, Vietnam will no longer restrict the frequency of scheduled international passenger flights. Contact Us Taipei TEL:+886-2-2557-5607 Taichung TEL:+886-4-2320-2793 Shanghai TEL:+86 21-6090-4391 Shenzhen TEL:+86 755-83176807 […]
Contents Global Economy News Malaysia Raises Service Tax in 2024 Philippines approves draft plan to increase tax incentives for investors Ho Chi Minh City in Vietnam enjoys corporate and personal income tax exemptions in 2024 Contact Us Taipei TEL:+886-2-2557-5607 Taichung TEL:+886-4-2320-2793 Shanghai TEL:+86 21-6090-4391 Shenzhen TEL:+86 755-83176807 interarea@interareapsp.com Correspondent Address I. What is a Correspondence […]
Bank regulations and foreign exchange regulations are different in each region. The company's local personnel can provide assistance with local banking affairs, saving labor costs and being more time-effective, making bank-related operations more immediate and faster.
+886-2-2557-5607 Basic Website Setup Contact China News The negative list for China’s foreign investment access has been further reduced China’s Regional Comprehensive Economic Partnership Agreement will come into force on January 1, 2022 China’s small-scale taxpayers exempt from VAT in 2022 China no longer classifies foreign-funded enterprises in the form of Sino-foreign joint ventures and […]
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The Philippine government now allows foreign investors to set up joint stock companies, branches or offices in the Philippines. As long as the projects are not included in the negative list, they can be 100% wholly owned.When establishing a Philippine company, the minimum registered capital of a foreign-funded company is US$200,000; if a retail project is involved, it must be more than US$500,000; the capital amount can be allocated based on actual local needs. Receive the best>>
Although the Philippines is an English-speaking country, its policies and various departments are not really linked, so the work efficiency and documents are more complicated. For further relevant information, please contact us to confirm +886-2-2557-5607.
Malaysia Co., Reg
Malaysia, with its stable political and economic environment, well-developed infrastructure, and strategic position at the heart of ASEAN, has long been one of the top choices for foreign investment. Since the gradual implementation of investment liberalization policies in 1986, the country has successfully moved away from its traditional reliance on commodities such as rubber and tin, transforming into a diversified economy encompassing manufacturing, technology, and services. Read More>>
We can provide customers with tailor-made Malaysia company registration solutions to ensure that the company registration process is smooth, compliant and efficient.+886-2-2557-5607
Malaysia, with its stable political and economic environment, well-developed infrastructure, and strategic position at the heart of ASEAN, has long been one of the top choices for foreign investment. Since the gradual implementation of investment liberalization policies in 1986, the country has successfully moved away from its traditional reliance on commodities such as rubber and tin, transforming into a diversified economy encompassing manufacturing, technology, and services. Read More>>
We can provide customers with tailor-made Malaysia company registration solutions to ensure that the company registration process is smooth, compliant and efficient.+886-2-2557-5607
The Philippine government now allows foreign investors to set up joint stock companies, branches or offices in the Philippines. As long as the projects are not included in the negative list, they can be 100% wholly owned.When establishing a Philippine company, the minimum registered capital of a foreign-funded company is US$200,000; if a retail project is involved, it must be more than US$500,000; the capital amount can be allocated based on actual local needs. Receive the best>>
Although the Philippines is an English-speaking country, its policies and various departments are not really linked, so the work efficiency and documents are more complicated. For further relevant information, please contact us to confirm +886-2-2557-5607.
Japan company
The Japanese government allows foreign entities to establish limited liability companies (LLCs) in Japan, with no specific restrictions on investment projects. However, since Japanese companies are required to have their registered capital actually paid in, the process of securing the funds from shareholders is a common challenge for investors. To facilitate the flow of funds and the opening of bank accounts, it is generally recommended to have a local resident or partner as a company shareholder to streamline the initial application process. Receive the best>>
For detailed application procedures, please feel free to contact us at+886-2-2557-5607
Offshore company(BVI & SAMOA & ...)
Overseas companies are also called offshore companies, and some people call them OBU companies. Common places to register offshore companies are the B.V.I. and Samoa companies. As for how to choose and operate overseas companies, we should first understand the characteristics of companies in each country…Receive the best>>
In fact, the procedure for handling an offshore company is not complicated and is very fast. What is important is the subsequent operation and maintenance, how to comply with the latest policies and regulations, and operate in the most convenient and cost-effective way. It is recommended that companies still seek experienced agencies. +886-2-2557-5607
Under Taiwan’s tax regulations, if a Taiwanese tax resident holds more than 50% of the shares in a company located in a low-tax jurisdiction (with a tax rate of 14% or less) or has substantial control over such a company, and the annual earnings exceed NT 7 million, they must comply with the Individual Controlled Foreign Corporation (CFC) reporting requirements. Regarding the CFC regime, we need to understand how to “defer taxation on earnings effectively,” how to “ensure autonomous and free movement of funds within legal frameworks,” and how to “enhance the allocation of resources across different countries.”
We should proactively diversify our planning to respond to the uncertainties of the environment. It is recommended to consult with experts to discuss your specific situation at +886-2-2557-5607, thoroughly evaluate your circumstances, and then make the most appropriate adjustments and plans.
Japan Company
The Japanese government allows foreign entities to establish limited liability companies (LLCs) in Japan, with no specific restrictions on investment projects.
However, since Japanese companies are required to have their registered capital actually paid in, the process of securing the funds from shareholders is a common challenge for investors.
To facilitate the flow of funds and the opening of bank accounts, it is generally recommended to have a local resident or partner as a company shareholder to streamline the initial application process. Receive the best>>
For detailed application procedures, please feel free to contact us at+886-2-2557-5607
Singapore Account
Singaporean banks allow foreign companies or individuals to open bank accounts in Singapore. Personal Accounts: Generally, banks will require individuals to deposit the required minimum amount and provide proof of their source of funds. Corporate Accounts: For foreign companies opening an offshore account in Singapore, banks will require sufficient documentation of overseas business activities and proof of the company’s operations to ensure the authenticity of the account user’s business. Read More>>
Different banks have their own conditions and rules, so it is crucial to research your options based on your situation. If you need further assistance, feel free to contact the Inter Area manager at+886-2-2557-5607.