[Investment] Establishment of Operations Headquarters
2009-12-11 16:56:48
A company that establishes a headquarters in Taiwan that reaches a certain scale with significant economic effect will be exempt from profit-seeking-enterprise income tax on income derived from providing management or R&D services to related fore...
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[Life] Rail Tour in Taiwan
2009-12-09 09:33:49
Taiwan's railways offer an endless variety of experience, and the scenery lining their routes provides an infinite range of fascinating scenery. If you want to get a close look at the island's beauties without having to suffer the problems of unfamil...
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[Taxation] Tax Incentives for Company Reorganization
2009-12-07 10:52:39
The Business Mergers and Acquisitions Law (M&A Law) contains a number of tax incentives to encourage business reorganizations (including mergers, divisions and share exchanges) and improve operational efficiency. If a company acquires the assets ...
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[Investment] World Bank: Taiwan Soars Up Ease of Doing Business Ranking
2009-12-04 17:48:53
In the World Bank’s Doing Business 2010 report, Taiwan’s ranking in the “Ease of Doing Business” index soared 15 places to the 46th among the 183 countries covered. In degree of improvement, this ranked Taiwan the 5th in the world.
The Worl...
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[Life] One-day tour of Taipei City
2009-12-02 10:51:18
The Presidential Office Building -> Chiang Kai-shek Memorial Hall -> National Museum of History -> Longshan Temple -> Huaxi Street Night Market
The NMH's collection included the bronzes unearthed in Xinzheng, Hui and Anyang (in Henan P...
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[Taxation] Foreign Tax Credit
2009-11-30 14:38:51
According to tax treaty which is to avoid double taxation, three methods for foreign tax credit can be applied:
1. Direct Foreign Tax Credit: Withholding tax imposed on dividends in foreign countries can be used in parent country for corporate tax ...
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[Taxation] Types of GUI
2009-11-27 11:04:38
The types of GUI and their usage are as follows:
GUI in triplicate
A VAT-system business entity sells goods or services to another business entity (usually business-to-business)
GUI in duplicate
A VAT-system business entity sells goods or ser...
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[Taxation] Exempted Income
2009-11-26 11:03:02
The following categories of income are exempt from profit-seeking-enterprise income tax:
1.Income derived from the sale of land or the sale of property for the purpose of stockpiling war materials in accordance with government regulations.
2.Income...
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[Investment] Changes in Retirement Benefits
2009-11-23 14:08:43
Based on recent changes in retirement benefits, according to the law an employee upon retirement currently may receive benefits from up to three sources, depending on the employee’s retirement scheme selection.
If the employee has selected the re...
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[Investment] Employment Regulations for Foreign and Mainland-area Professionals
2009-11-20 16:10:24
For foreign professionals, prerequisites for a work permit depend on the education level and the working experience of the applicant. The duration of a work permit shall not exceed 3 years and applications for extension can be submitted based on busi...
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