Taiwanese VAT rates and compliance

Taiwanese VAT and GBRT rates

There are a range of VAT and Gross Business Receipts Tax (GBRT):

Taiwanese VAT rates

Rate Type Which goods or services
5% Standard All other supplies
0% Zero Exports and related services; some goods and services associated with international transportation.
0% - Exempt: Basic foodstuffs; sale of land; and a range of financial instruments
0.1% - GBRT: Agriculture
1% - GBRT: Small enterprises; reinsurance premiums
5% - GBRT: Financial services
15% - GBRT: Entertainment services at restaurants or nightclubs

VAT compliance

As a tax payer, VAT registered business must comply with the rules and record keeping requirements of the VAT Act. This includes invoice format and records.  VAT invoices and records must be stored for at least seven years.  Records may be stored electronically.


Time of supply

The period the VAT is due – time of supply or tax point – is generally at the time of delivery or cash payment of the goods.  For services, it is the time of cash settlement.  For installment payments, the VAT is due at the corresponding time of each payment.  VAT on advance payments are only liable when the delivery is performed.

Import VAT is due at the time of clearing the goods into Taiwan through customs.


Latest Taiwanese news

Taiwan B2C foreign e-services

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...

Taiwan VAT B2C e-services May 2017

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...

Taiwan VAT on B2C e-services

December 18, 2016

Taiwan’s parliament (Yuan) has passed a law levying VAT on electronic services sold to consumers by non-resident providers.  There is limited clarity of the...