[Life] Visa Application for Foreigners Entering Taiwan

2009-09-18 10:28:40

The applicant may go to ROC overseas missions, consulates and embassies with a letter of invitation, tax receipts, bank deposit notes (other documents dependent upon the case in question). The visa will be issued by the foreign missions. After apply...(more)

[Taxation] Lowering of Various Income Tax Withholding Rates

2009-09-16 10:28:15

In order to build a better tax environment and enhance Taiwan’s international competitiveness, the Ministry of Finance has revised the Standards of Withholding Rates for Various Incomes to reduce and unify a number of income tax rates. The revision...(more)

[Investment] Toward Paperless Customs Clearance for Express Consignments

2009-09-10 11:10:50

The Ministry of Finance (MOF) recently revised the Regulations Governing Customs Clearance Procedures for Express Consignments, to bring Taiwan’s customs clearance procedure for express consignments more into line with international trends. By allo...(more)

[Taxation] Business Tax Act Amendment Sent to Legislative Yuan

2009-09-07 14:20:00

The Executive Yuan has approved a partial revision of the Value-added and Non-value-added Business Tax Act that will lower the rate of business tax on the purchase of overseas financial services within the scope of exclusively authorized business and...(more)

[Taxation] Tax Refund of Foreign Passengers

2009-09-04 11:35:55

Upon departing with goods eligible for VAT refund, foreign passengers should present their passports, the goods eligible for VAT refund, application form, and the uniform invoice bearing the wording VAT refundable to the departure airport/seaport cus...(more)

[Life] Ireland Grants 90-day Visa-free Entry to Taiwan Citizens

2009-09-01 11:02:28

Taiwan citizens who travel to Ireland for tourism, visiting relatives, short-term study, or business are now allowed to enter the country visa-free for stays of up to 90 days, effective July 1. Ireland is the second country in Europe, after the Unite...(more)

[Finance] Taiwan and Belgium Exchange Letters on Financial Cooperation

2009-08-31 10:04:33

Under an exchange of letters on financial cooperation completed by Taiwan and Belgium on June 24, the two countries will reinforce bilateral financial oversight through the sharing of information, scheduled meetings and contacts, on-site inspections ...(more)

[Investment] Company Act Revised for Better Protection of Shareholder Interests

2009-08-27 13:59:12

Legislative Yuan passed a partial revision of the Company Act, authorizing the competent authority for securities to ask publicly listed companies to adopt electronic voting so that their shareholders can exercise voting rights more easily. The revis...(more)

[Taxation] Advance Tax Ruling

2009-08-26 15:30:25

Advance Tax Ruling applicable for transnational transaction or investment is formulated in order to enhance consistency and certainty in the application of tax laws, reduce controversy and litigation between tax authorities and taxpayers, and encoura...(more)

[Investment] Company Act Revised for Better Protection of Shareholder Interests

2009-08-20 13:39:42

On July 2 the Legislative Yuan passed a partial revision of the Company Act, authorizing the competent authority for securities to ask publicly listed companies to adopt electronic voting so that their shareholders can exercise voting rights more eas...(more)


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