Corporate Income Tax Filing in Taiwan: What Expenses and Losses Can’t Be Deducted?
This article walks you through key types of expenses and losses that cannot be deducted under Taiwan’s tax regulations, common mistakes businesses make, and practical strategies to stay on the right side of the law.
Why Setting Up a Corporate Bank Account in Taiwan Is Crucial for Your Business Success
In this article, we’ll explore the essential reasons for opening a business bank account in Taiwan and what it means for your company’s growth, compliance, and day-to-day operations.
The Introduction of Taiwan Financial Attestation
Financial Attestation refers to a professional service in which a licensed Certified Public Accountant (CPA) audits and reviews a company’s financial statements based on established accounting and auditing standards. The CPA then issues an attestation report affirming the credibility of the financial information.
How to Hire Blue-Collar Foreign Workers in Taiwan?
This article provides a detailed guide on how to hire blue-collar foreign workers in Taiwan, including the legal requirements, hiring process, employer responsibilities, and potential challenges.
Understanding the New Tax Regulations for the 2024 Tax Year in Taiwan: What Taxpayers Need to Know
In 2025, the Ministry of Finance in Taiwan has introduced several key updates to the income tax filing process. These changes are aimed at easing the financial burden on households, adjusting allowances and deductions, and updating methods for calculating property transaction income. Whether you’re an individual taxpayer, a business owner, or a tax professional, understanding these changes will be crucial for ensuring accurate and timely tax filing.
Taiwan Business Expansion: Transitioning from Representative Office to Branch
This article explores the key considerations, legal steps, and strategic advantages of converting a representative office into a Taiwan branch to unlock broader business potential.
An Introduction to Taiwan’s Government Uniform Invoice (GUI) and Electronic GUI (eGUI)
In Taiwan, the Government Uniform Invoice (GUI) system is a cornerstone of the nation’s tax administration and business transparency practices. Introduced in 1951, the GUI system was developed as a standardized method for businesses to report their sales and ensure the proper collection of Value-Added Tax (VAT).
Is Taiwan’s Tourism Industry a Good Investment for Foreigners?
Taiwan is an increasingly attractive destination for international tourists, known for its stunning landscapes, rich cultural heritage, vibrant cities, and world-class street food. As the island continues to develop its tourism infrastructure and promote its unique attractions globally, foreign investors may see opportunities in the industry. However, like any investment, there are both advantages and challenges that must be considered before entering the Taiwanese tourism market.
Understanding Taiwan’s Amusement Tax: Rates, Scope, Exemptions & Filing Guide
The Amusement Tax is a component of Taiwan’s local tax system, specifically levied on various fee-based entertainment activities, encompassing a wide range of forms such as films, dramas, singing, dancing, sports competitions, and recreational activities.
Understanding Taiwan Company Seals: The Role of Company and Representative Chops
When establishing a business in Taiwan, understanding the legal and operational significance of company chops (seals) is crucial. These official stamps serve as a company’s signature and are legally recognized for authorizing documents, contracts, and financial transactions. In this guide, we will explore the types of company chops used in Taiwan, their legal importance, and how businesses can obtain and manage them effectively.