Japan to Taiwan: Setup Payroll Accounting Tax One-stop Services tpe4jp

WFOE set-up, Open Bank Account, Work Permit, PEO, Payroll, Accounting, Tax Compliance. Supported by Evershine own cloud accounting and payroll system. Japan and Taiwan colleagues collaboratively to serve you.

Contact windows as below:
Andrea Kyu, a well Japanese, English and Chinese speaker
Mobile:+81-90-8012-7674
Email: andreakyu@evershinecpa.com

Taiwan WFOE Company Registration 
(WFOE stands for Wholly Foreign Owned Entity)

Our Service Coverage

*Company Registration
*Virtual Address Registration
*Open Banking Account
*Trademark Registration
*Work Permit Application
*ARC (Alien Residence Certificate) Application
*Taiwan FDA (Food and Drug Administration) Application; RA (Regulations Affairs) application.
*Healthy and Functional Food product License Application
*Medical Device Business License
*MLM Business License Application
*Other Special Industry Permit Application

Send an email to tpe4ww.elr@evershinecpa.com
We will respond to you in 1-2 days.

You may also call in our HQ located in Taipei and look for:
Manager Jerry Chu, USA Graduate School Alumni and a well-English speaker
Mobile: +886-939-357-735
Tel No.: +886-2-2717-0515 ext. 103

For investment structure relevant with multi-national tax planning and Financial & Legal Due Diligence for M&A (Merge and Acquisition), send an email to HQ4TPE@evershinecpa.com & contact Dale Chen, Principal Partner/CPA in Taiwan+ China+ UK, AIA, & over-all responsible for these arrangements. linkedin address:Dale Chen Linkedin

How to know what kind of entity you need to register?

 

With Tax ID?

Issues Sales Invoices?

Legal Entity?

Wholly Owned by a Foreigner?

Representative office

Yes

No

No

Yes

Branch

Yes

Yes

No

Yes

Subsidiary

Yes

Yes

Yes

Yes

Joint Venture

Yes

Yes

Yes

Yes

Taiwan Compliance Map

GLA -corporate income tax

-National taxes, 20%
-A Business Administration Number(BAN) is required (you can apply for the E-Cert at http://onestop.nat.gov.tw/oss/identity/identity/init.do and then apply to your tax authority for a Logic Serial Number(LOSN).DF (Deposit First) Prepayment before filing.
-The fiscal year is calendar year, it could be changed into other period after approved.
-For-profit enterprise income tax is paid on a provisional basis from 1 September to 30 September, normally at the rate of 50 per cent of the amount of income tax paid in the previous year. If the change is too big and the company does not earn that much in the first half of this year, it may commission the CPA to report the contributions after the tax review.
-The income tax settlement declaration for profit-making undertakings before the end of May (from May 1 to May 31) each year. The representative office in Taiwan is not taxable and therefore is not required to declare income tax on profit-making undertakings.
-To file a company income tax, you can download the Trade-Van software https://tax.nat.gov.tw/tax-making.html
-You can print payment slip to bank OTC and you can also make various electronic transfer payment (EFT).  https://www.etax.nat.gov.tw/etwmain/
-Taiwan does not require corporate Bank accounts to be Taiwan’s local bank

VAT -business value-added tax
-VAT 5 per cent of the national tax; Export tax rebates.
-Request VAT Number: Form No.: 8-12;
-It can be applied to the National Taxation Bureau or transferred to the National Taxation Bureau through the Ministry of Economic Affairs, normally within 14 days.
-Foreign e-commerce can apply for FECO cross-border e-commerce.
-SP (Same Period) for the Same Period for filing and paying contributions;
-Taiwan VAT Value Added Tax (VAT) is filed once every two months. It is declared and paid before the 15th day of the following month. The company may declare B (M) every month if there is export tax refund. You have to file even if you don’t have any income.
-Download Trade-Van software for applying for Business Value-Added Tax file https://tax.nat.gov.tw/tax-making.html
-You can print payment slip to bank OTC and you can also make various electronic transfer payment (EFT). https://www.etax.nat.gov.tw/etwmain/
-Taiwan does not require corporate Bank accounts to be Taiwan’s local bank.

WWT -Payroll Withholding
-The state tax shall be withheld according to the form.
-DF (Deposit First) will pay monthly and then report at the end of January of the following year.
-Staff payroll withholding tax should be paid to the Treasury before the 10th day of the month following the pay-off date, in the form of OTC, EFT contributions.
-Because the monthly contributions are aggregated, the IRS does not know the details of each person.
-The total amount of salary received by each employee and the total amount withheld must be reported electronically to the Inland Revenue Department by the end of January of each year in respect of all kinds of income –declared. And withholding vouchers for employees.
-Download Trade-Van software for Payment Withholding https://tax.nat.gov.tw/tax-making.html
-You can print payment slip to bank OTC and you can also make various electronic transfer payment (EFT).https://www.etax.nat.gov.tw/etwmain/
-Taiwan does not require corporate Bank accounts to be Taiwan’s local bank

BVF -Social Welfare for Employees
-Government will conduct the welfare totally. Employer’s share, employee’s % and government’s % burden.
-The employer may apply to the Bureau of Labor Insurance or apply for the Employer’s Certificate Number at https://edesk.bli.gov.tw/aa/ on the website.
-FF (Filing First) claims maintenance followed by monthly contributions.
-Workers’ social benefits in Taiwan include labor insurance, health insurance, workers’ pensions and, since 2015, 2nd Generations of health insurance have been added because of the lack of health insurance premiums. The declaration method is that the enterprise will fill in the employee’s information to the Bureau of Labor and Social Security, by them to verify. You must report to the Bureau of Labor and Social Security within 7 days after your employment or dismissal.
-Bureau of Labor Insurance: website https://edesk.bli.gov.tw/aa/
-NHI’s website https://eservice.nhi.gov.tw/nhiweb1/system/mLoginCa.aspx
-After the Bureau of Labor Insurance approved the payment letter Email or paper to the enterprise, according to this amount, the enterprise shall pay monthly payments.
-The three employees have different authorities for social welfare and there are different bank accounts, which need to be paid to three different bank accounts.
-You can print payment slip to bank OTC and you can also make various electronic transfer payment (EFT).  You may also apply to the Local Bank of Taiwan for automatic deduction (ACH) upon receipt of a demand note.

All Services in Taiwan

Company registration,Open bank account,
Work Permit and Visa application;
Online Accounting Services,Payment Services,
Payroll compliance Services, Labor Management Services
Tax Compliance Services; VAT and Income Tax
B2B Digital Marketing Services; Trademark Registration;
Patent application; Due Diligence for M&A project,

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Taiwan Tax Benefit

For enterprises that received approval for this tax benefit, the withholding tax rate on its income from Taiwan will be reduced from 20% to 3% or 2%.
Businesses whose headquarters are outside of Taiwan must apply for the tax benefit described in Article 25 of Income Tax Act with the Ministry of Finance and 15% of its business revenue within Taiwan would be the taxable income.

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Due Diligence in Taiwan

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Including both Financial Due Diligence (FDD) and Legal Due Diligence(LDD).
Evershine CPAs Firm is well-experienced in doing these services
and has already handled a hundred of Due Diligence (DD) cases assigned by global companies.
Among them , one was a transaction worth 700 millions USD.

Taiwan Digital Marketing

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Taiwan Website Setup Services
Chinese Web Content Editing Service
Chinese Google Ads Keyword Advertising
Taiwan local staffing: Recruiting Services for Sales Representatives
Providing CRM for Recording marketing activities
Temporary employment of Taiwan sales representatives
Taiwan Incorporation, Payroll, Accounting, Tax etc one-stop services