Supporting Measures provided by the Ministry of Finance for COVID-19
2020-04-14 18:42:08
The global outbreak of COVID-19 has created significant impacts of to individuals or business entities. Taiwan Ministry of Finance has offered some supporting measures to taxpayers, in terms of tax payment and filing. The below is a summary of the me...(more)
New Working Visa, Taiwan Open Door to Mid-level skilled foreign talent
2018-11-02 23:28:56
The drafting of a new economic immigration act targets three categories of foreign talent -- professionals, mid-level skilled workers, and Taiwanese expatriates and their offspring.
The primary goal of the proposed legislation will be to boost rec...(more)
Regulations Governing Reduction and Exemption of Income Tax of Foreign Special Professionals
2018-08-03 21:13:07
Article 4
For a foriegn special professional who has met the requirements in the preceding Article, during the first three years starting from the year when he/she for the first time has resided in the R.O.C. for a full 183 days of the year and ha...(more)
Advance pricing agreement
2018-05-21 16:32:03
Taiwan Branch of a Foreign Multinational Corporation applying for and signing APA may reduce the taxation risks from a post-tax review
According to National Taxation Bureau of Taipei, MOF, a worldwide frequently seen Transfer Pricing System is es...(more)
Incentives for Study Abroad Ph.D elites and Startups
2017-11-02 18:23:30
In order to recruit Ph.D. professionals studying overseas, Ministry of Science and Technology (MOST) provides a subsidy of NTD 6,250 per day for study abroad elites to get a job back to Taiwan without financial worries. In addition, Taishan Investmen...(more)
Law of Recruitment and Employment of Foreign Professional Talents
2017-10-31 11:10:58
Being passed today (2017/10/30) in the Third Reading by Legislative Yuan, the Law of Recruitment and Employment of Foreign Professional Talents loosens restrictions on the applications for the employment visa, residence, Insurance of the foreigners c...(more)
Record Highs of Idle Funds in Taiwan
2017-10-03 12:56:11
According to a statistic from Financial Supervisory Commission Taiwan, the total amount of deposits among the domestic banks is up to 36.82 trillion NTD, and the total amount of loans is 26.79 trillion NTD. That is a total amount of 10 trillion idle ...(more)
600 hotels throughout Taiwan are looking for sale? A shuffle in the hotel market is just on the go
2017-09-30 16:10:20
Extracted from China Times
Sept. 26, 2017
Mainland China tourists are not coming and hotels are crying for sale? Beginning this year, at least 600 hotels throughout Taiwan are said to be selling off, seemingly an unstoppable tide of resale. Th...(more)
Principle of Coding the Identity Number (ID No.) for Expatriates
2017-09-29 18:54:37
National Immigration Agency
The issued ID No. for expatriates consists of 2 letters and 8 numbers, 10 digits in total.
The first letter indicates regions. (Note 1)
The second letter indicates sexes. (Note 2) The first 7 numbers are a serial number...(more)
Real Estate Industry in China
2017-09-19 17:55:57
Huang Nubo, president of Beijing Zhongkun Investment Group, opines that the real estate industry in China has slumped down to a vicious circle, like quenching thirst with poison, where the whole industry bears trillions of assets and debts at the sam...(more)