E-Invoices New Rules: What Taiwan Businesses Must Know in 2025
Taiwan’s Ministry of Finance (MOF) Northern District National Taxation Bureau has announced the implementation of new compliance requirements for business entities issuing electronic invoices. Beginning January 1, 2025, sellers who process returns, purchase withdrawals, or discounts through mutual agreement with buyers must issue and upload an Electronic Invoice Allowance Note (EIAN)折讓單 to the E-Invoice Integrated Service Platform within a legally defined time frame.
Key Tax and Customs Considerations for Cross-Border Online Purchases in Taiwan
A comprehensive guide to understanding import procedures, VAT obligations, and service purchase rules for Taiwan-based consumers and businesses.
Navigating Taiwan’s Tax Landscape: VAT and Compliance for Foreign E-Commerce Operators
Taiwan’s vibrant and highly digitized consumer market makes it a compelling destination for global e-commerce ventures. However, foreign companies aiming to sell goods or, more critically, digital services to Taiwan must navigate a distinct set of Value-Added Tax (VAT), known locally as Business Tax, regulations.
Taiwan’s Corporate Annual Filing Obligations: A Comprehensive Guide
For companies operating in Taiwan, understanding the annual filing obligations is essential to ensure compliance with local tax regulations. Taiwan’s tax system is well-structured and requires businesses to fulfill specific annual reporting requirements. These obligations play a crucial role in maintaining a transparent business environment and ensuring the proper collection of taxes. This blog post provides an overview of Taiwan’s corporate annual filing requirements, including key deadlines, forms, and processes.
2025 Taiwan Profit-Seeking Enterprise Income Tax: What Businesses Need to Know
Running a business means keeping track of many deadlines, and tax season is always one of the most important. For companies in Taiwan that operate on a calendar fiscal year, the next major milestone is approaching: from September 1 to September 30, 2025, businesses must file and pay their preliminary installment of profit-seeking enterprise income tax.
The Introduction of E-commerce Taxation in Taiwan
In response to this shift, the Taiwanese government has taken a proactive stance in regulating and taxing digital commerce. Far from being an afterthought, taxation is a central pillar in the government’s strategy to create a level playing field between traditional brick-and-mortar businesses and their digital counterparts. As such, tax obligations for online sellers—both domestic and foreign—are comprehensive, well-structured, and strictly enforced.
Method of Purchasing Government Uniform Invoices in Taiwan
This guide walks you through the three key steps for purchasing invoices: Tax Registration, Application for a Uniform Invoice Purchase Certificate, and Purchasing the Invoices. We also cover important notices and options for in-person and cross-district purchase.
Introduction of Taiwan Value-Added Tax Filing and Government Uniform Invoice (GUI)
Taiwan’s Value-Added Tax (VAT), formally known as the Business Tax, is a tax levied on the sale of goods and services, as well as the importation of goods. It primarily follows a VAT model similar to that in the EU, meaning tax is levied at each stage of the supply chain, but businesses can offset the input tax they have paid against the output tax they collect. The standard VAT rate in Taiwan is 5%, and most business entities are required to register for VAT once their sales surpass a certain threshold.
Taiwan Tax Guide: Setting Up an Entity for Foreign Companies
Taiwan, with its robust business environment and highly developed supply chain, serves as a crucial hub for many foreign enterprises looking to enter the Asian market. However, before establishing a presence, a thorough understanding of the local tax system is paramount, as it directly impacts operational costs and legal risks. Here’s a comprehensive overview of key tax considerations for foreign companies setting up an entity in Taiwan.
Quick Facts About the Income Tax Withholding System in Taiwan
In this article, we will explore the structure of income tax withholding, particularly focusing on the system in place for residents and non-residents in Taiwan.