Taiwan Royalty Tax: Essential Information for Companies 

4 minutes To avoid double taxation and prevent tax evasion, Taiwan has signed tax treaties with multiple countries. If a profitable enterprise from a contracting country has business profits in Taiwan and is eligible for income tax reduction or exemption according to the tax treaty, it could prepare relevant documents and apply to the tax authority under the jurisdiction of the payer for approval of the reduction or exemption of income tax. For profitable enterprises from countries without tax treaties, if they receive similar service fees, the payer should withhold tax at the applicable rate of 20%.

Unlocking Success: Taiwan’s Top E-commerce Platform for Online Shoppers

4 minutes Taiwan’s e-commerce industry has evolved into a dynamic market, driven by robust technological infrastructure and a digitally savvy population. This vibrant landscape hosts a variety of online retailers and platforms tailored to the diverse preferences of Taiwanese consumers. The growth is driven by high internet penetration rates, widespread smartphone usage, and efficient logistics networks ensuring rapid delivery.

Boosting Business Profit with Strategic Use of Tax Treaties

taiwan treaty benefits

5 minutes To avoid double taxation and prevent tax evasion, Taiwan has signed tax treaties with multiple countries. If a profitable enterprise from a contracting country has business profits in Taiwan and is eligible for income tax reduction or exemption according to the tax treaty, it could prepare relevant documents and apply to the tax authority under the jurisdiction of the payer for approval of the reduction or exemption of income tax. For profitable enterprises from countries without tax treaties, if they receive similar service fees, the payer should withhold tax at the applicable rate of 20%.

Taiwan Company Name Registration: A Comprehensive Guide

Taiwan-Company-Name-Registration-A-Comprehensive-Guide

4 minutes Are you considering starting a business in Taiwan? One of the initial steps you’ll need to take is registering your company name. This comprehensive guide will walk you through everything you need to know about registering a company name in Taiwan, from the importance of pre-checks to navigating company name regulations. Whether you’re a foreign investor or a local entrepreneur, understanding the process and regulations surrounding company name registration is crucial for a smooth and successful business setup.

Crucial Insights: Permanent Establishment Guidelines in Taiwan

permanent establishment taiwan

3 minutes In international taxation, the concept of Permanent Establishment (PE) holds significant importance on avoiding double taxation. A PE refers to a fixed place of business through which a foreign enterprise carries out its business activities in a jurisdiction, thereby subjecting it to taxation in that jurisdiction. Understanding PE criteria is essential for multinational enterprises (MNEs) operating in Taiwan to ensure compliance with tax regulations and mitigate potential risks.

Comprehensive Guide to Director Duties in Taiwan: Key Practices

Director Duties in Taiwan

2 minutes In the dynamic corporate landscape of Taiwan, the inclusion of independent directorship in 2005 marked a significant turning point. This practice, influenced by global standards and legislation, aims to enhance board oversight and accountability. Let’s delve into the nuances of independent directors, exploring their necessity, qualifications, and the unique absence of “External Directors” in Taiwan.

An Overview of Taxation on Service Income & Business Profit in Taiwan 

Taiwan Service Income

4 minutes Under existing tax regulations, foreign companies without a fixed place of business in Taiwan are liable to face a withholding tax rate of up to 20% on income derived from services rendered in Taiwan. However, foreign companies, including cross-border electronic services businesses, obtaining service income or business profit from Taiwan sources may apply to tax authorities for the approval of the applicable net profit rate and domestic profit contribution ratio. This is used to calculate the taxable income and the corresponding withholding tax.

Paid-Up Capital in Taiwan: Key Insights for Business Owners

Taiwan Business License

3 minutes Before delving into the specifics of paid-up capital in Taiwan, it’s crucial to grasp the broader concept of company capital and its significance in establishing and operating a business. This article aims to provide insights into the definition of company capital, regulatory conditions for its establishment, and the challenges associated with insufficient capital. Additionally, we will explore common questions related to company registration capital.

Discover the Benefits of Taiwan Technical Service Tax Refund 

Taiwan technical service tax refund

4 minutes In the current global business environment with frequent transactions and intense competition in pricing, enterprises must carefully calculate the related costs incurred in their dealings. According to the current tax regulations, foreign companies without a fixed place of business in Taiwan are subject to a withholding tax rate of up to 20% on income earned from services provided in Taiwan. In practice, the income withholding tax that should be borne by foreign companies is often shifted to Taiwanese companies during business negotiations, thereby increasing the transaction costs between Taiwanese companies and foreign companies.

Streamline Your Success: A Guide to Obtaining a Taiwan Business License

Taiwan Business License

3 minutes Are you eager to kick-start your business venture in Taiwan? The process of obtaining a Taiwan business license may seem like a daunting task, but with the right guidance and insights, you can navigate this journey more smoothly. In this comprehensive guide, we’ll walk you through the crucial steps, requirements, and timelines for acquiring your Taiwan business license.