[Life] Night Markets in Taipei City

2009-11-11 14:28:55

Shilin Night Market Specialties: oyster ometets, wrapped biscuits, stir-fired cuttlefish, shaved ice, fried chicken, stinky tofu, fried buns, spare ribs stewed in herbal soup Location: In the neighborhood of Dadong Rd., Danan Rd., Wenin Rd., & ...(more)

[Taxation] ROC Tax Treaty Policy

2009-11-09 10:42:06

The ROC's general policy toward tax treaties is to avoid double taxation, prevent fiscal evasion and strengthen substantive relations. The tax treaties that the ROC has entered into follow the OECD model and take into consideration matters relating t...(more)

[Taxation] Cross-Strait Mutual Tax Exemption Agreement Is Expected to Be Signed End of the Year

2009-11-06 14:02:00

Mainland China and Taiwan have reached a consensus to sign a comprehensive agreement on mutual income tax exemption by the end of this year. Cooperation on power of taxation allocation and tax information exchange will start as early next year. Howe...(more)

[Investment] Is there a limit on the maximum number of foreign nationals foreign companies can hire in Taiwan?

2009-11-04 11:36:34

The third item under the work qualifications and review standards section in Article 46, paragraph 1, items 1 to 6 of the Standards for Reviewing the Employment Qualifications for Foreigners stipulates : "In order to safeguard the work rights of ROC ...(more)

[Investment] Procedure Further Simplified for Foreign Employees

2009-11-02 10:32:19

The Council of Labor Affairs (CLA) recently issued an interpretation announcing that intra-company transferees sent to Taiwan by multinational enterprises no longer need to have their work experience certification verified by an overseas representati...(more)

[Taxation] Expenses of Complimentary Tourist Travel Provided to Customers Can be Recognized as Entertainment Expense

2009-10-26 10:16:52

For the purpose of profit-seeking operation, expenses of complimentary tourist travel provided to distributors or operation-relating customers can be recognized as entertainment expense within certain limit in case related invoices/receipts are provi...(more)

[Finance] Multi-Sales Company Reporting Now Done Online

2009-10-23 11:35:02

The Fair Trade Commission (FTC) has completed installation of a Multi-level Marketing Management System, fully electronizing (digitizing) reporting and amendment of reports by multilevel marketing companies, effective September 1. This will help thes...(more)

[Investment] Compensation for Services Provided Abroad Exempt from Income Tax

2009-10-21 14:33:38

The Ministry of Finance (MOF) recently promulgated the “Principles for the Determination of Income Earned in the ROC as Provided in Article 8 of the Income Tax Act,” providing that remuneration earned by companies without bases or agents in Taiwa...(more)

[Investment] Documentary Requirement Eased for Business Registration

2009-10-15 16:23:56

The Ministry of Economic Affairs recently revised the “Regulation Governing the Application of Business Registration” to accept a copy of the lease signed by the businessman in his or her own name and by the property owner as a substitute for the...(more)

[Life] Rules Relaxed for Overstaying Foreigners

2009-10-15 11:24:19

The National Immigration Agency has amended the Alien Entry Prohibition Operation Directions to extend the length of overstay resulting in a one-year entry ban from 30 days to 91 days. Under the original rules, foreigners who overstayed in Taiwan fo...(more)


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