Taiwan introduced Business Tax in 1931. This includes a Value Added Tax (VAT) and Gross Business Receipts Tax (GBRT)
It is operated by the Taiwan Ministry of Finance.
What activities require a Taiwanese registration?
Resident companies providing the following taxable goods or services may have to apply for a VAT registration number:
- Domestic supplies of goods, including assets and real estate, within Taiwan
- Domestic sale of services or intangibles within the country
- Importing goods into Taiwan
B2B services provided to Taiwanese businesses do not require the foreign provider to register – the reverse charge should be applied instead.
Foreign companies cannot apply for a Taiwanese VAT number. Instead they must form a local entity, or use an agent, to provide a domestic taxable supply of goods or services. The exception is B2C digital services. The VAT registration threshold for this is TWD 480,000 per annum.
Latest Taiwanese news
Oct 31, 2019
Non-resident online sellers of digital services to Taiwanese consumers will be required to issue cloud-based government uniform invoices (GUI) from 1 January 2020. These are a form of government
August 11, 2017
Taiwan has confirmed that the Value Added Tax registration threshold for non-resident suppliers of electronic services to consumers is Taiwanese $480,000 per annum. Since...
March 29, 2017
Taiwan has confirmed that it will begin to levy 5% VAT on electronic services provided to consumers by foreign providers. This brings the country...
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