5+ Ways for Applying Taiwan Income Tax Refund: Ultimate Guide for Foreign Companies
4 minutesForeign companies without a fixed place of business or a business agent in Taiwan should be aware of the taxation implications for the services provided both within and outside the territory of Taiwan. According to the Income Tax Act of Taiwan, the service income with its source in Taiwan shall be taxed at the applicable withholding tax rate of 20%. To understand how to apply for Taiwan income tax refund, please read on.
Taiwan Corporate Registry: Simplifying Company Setup for Foreign Investors
4 minutesTaiwan, known for its robust economy and strategic location in the Asia-Pacific region, has emerged as a highly attractive investment destination for foreign investors.
Taiwan GAAP: An Overview for Business Owners
3 minutesAccounting is an essential function of any business, and adhering to proper accounting standards is crucial for the financial health of a company. In Taiwan, there are specific accounting standards and requirements that businesses must follow to maintain compliance with the law.
This article will provide an overview of Taiwan Accounting Standards, including the difference between Taiwan GAAP and IFRS, Taiwan accounting requirements, financial audit requirements, outsourcing options, and frequently asked questions.
Simple Guide: Taiwan Business Visa Requirements
3 minutesTaiwan, also known as the Republic of China, is one of the most popular and most visited places in Asia. This country is found in East Asia and has a reasonable population of 23.7 million. Most people that visit Taiwan do so either to explore the beautiful landscape in the region or for business. If you’re visiting Taiwan to do business, you’d need a visa to perform such activities. Before you begin your visa application, there are a few things you need to know. This guide will reveal all the essential details on business visas in Taiwan.
A Complete Guide On Annual Leave In Taiwan
4 minutesTaiwan is a jurisdiction known for its favorable labor laws. The labor law in the country is controlled by the Labor Standards Act of 1984. This act is responsible for setting conditions of employment, such as wages, working hours, termination of employment, holidays, overtime, rest periods, and leaves. If you’re an employer in Taiwan, you’ll need to learn about all labor regulations, especially concerning workers’ annual leave. This piece will offer all the essential details about annual leave in Taiwan.
A Detailed Guide On The National Health Insurance For Foreigners In Taiwan
5 minutesMany foreigners usually cannot access quality health services when they leave their home country. They either have to spend high fees or settle for substandard services. If you’re a foreigner planning to come to Taiwan, you will do well to learn about the national health insurance Taiwan foreigners. This piece will focus on all the essential details of this insurance scheme.
Labor Insurance For Taiwan Foreigners
4 minutesRegardless of the business size, employers are required within the jurisdiction of the Taiwan employment Act to enroll all recruited employees, including interns and business assistants, in labor insurance on the first day of employment. This is also applicable to non residents and foreign workers. Labor insurance for Taiwan foreigners is expected for all foreign workers employed in Taiwan.
How to Get a Taiwan Work Permit
4 minutesAs a foreigner in Taiwan (Republic of China), you will need to open work permit taiwan to work in the country. If you are moving from a foreign country for work, there are three permits you must have..
3 Different Ways of Closing Down a Company in Taiwan
4 minutesTaiwan’s lowest bracket tax rate for individuals (5%) makes it one of the lowest rates in the world.
However, many expatriates and businesses in Taiwan may wonder what Taiwan Tax rate they fall under.
Throughout this guide, we will cover the basics of the Taiwan tax system. Moreover, we will also go over the various tax rates an individual may fall under and how to pay your tax in Taiwan.
