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Services · Business accounts

Business accounts: Taiwan

An honest assessment before work starts, the quote is fixed in writing.

We assess your chances against your profile, prepare the compliance file, help you present your source of funds properly and handle communication with the bank until it decides. The final decision always rests with the bank, so no one can guarantee an opening - careful preparation simply improves the odds.

We quote the exact cost for this country after a short consultation: it depends on the bank and your residency. The quote is fixed in writing before work starts.

Fees

ServicePrice
Corporate account - opening assistanceon request

Prices are indicative and cover our work on a typical case. We confirm the exact quote in writing after a short call - you know the final number before we start. Government fees and bank tariffs are billed separately unless explicitly included.

See also

Company formation · Personal account · Investment property · All country programs

FAQ

Can a foreigner set up a company and bank account in Taiwan?
Yes, but the order matters: foreign investment approval and company registration come first, the bank afterwards. You need a local address and a responsible person, and a signatory has to attend the branch with original documents.
Do I need a local representative in Taiwan?
A company needs a local representative or responsible person for registration and for dealing with the bank and tax office. Without someone on the ground the account is awkward to open and awkward to run, since several actions require attendance in person.
What is an OBU account in Taiwan?
An Offshore Banking Unit is a division of a Taiwanese bank serving non-resident companies in foreign currency. It is not a loophole - beneficial owner checks and questions about activity and source of funds are just as strict.
How long does it take to open a company account in Taiwan?
Counting investment approval and incorporation, the realistic horizon is months rather than weeks. Foreign documents need legalisation and translation, which adds both time and cost.

Don’t want to figure this out alone?

We handle the whole process end to end: we assess your company's chances with specific banks, prepare the compliance file and give you honest timelines. Leave your details and a corporate banking expert will get back to you. The first consultation is free.

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