Can business in Taiwan change it’s legal entity type?

Certainly, a company in Taiwan has the ability to alter its legal entity type. The process of changing a business’s legal entity type consists of consulting professionals, establishing a new entity, transferring assets and operations, dissolving the existing entity, and informing stakeholders. The specific steps involved in the process can differ based on the current and desired business structures and regulations. It is essential to seek guidance from professionals and ensure that all procedures are executed accurately to prevent potential legal and financial consequences.