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Recent changes in company and tax law in Taiwan   Asia Offshore Association (AOA) Beijing Conference Nathan Kaiser Taipei  www.eigerlaw.com
[object Object],[object Object],[object Object],[object Object],Table of Content 
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Recent changes in Company Law   
Corporate income tax rate: 25% -> 20% Individual income tax rate: n Recent changes in Taiwan's tax law -  Income Tax Rate 2010: 2009: Taxable Income (TWD) Income Tax Rate 0 - 500,000 5% 500,000 - 1,090,000   12 % 1,090,000 - 2,180,000 20% 2,180,000 -  4,090,000 30% 4,090,000 - 40% Taxable Income (TWD) Income Tax Rate 0 - 410,000 6% 410,000 - 1,090,000   13% 1,090,000 - 2,180,000 21% 2,180,000 -  4,090,000 30% 4,090,000 - 40%
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Recent changes in Taiwan's tax law -  Guidelines for Determination of Taiwan-sourced Income
[object Object],[object Object],[object Object],[object Object],[object Object],Recent changes in Taiwan's tax law -  Withholding Tax Rates 
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Trust Law 
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Taxation of a trust 
 

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Taiwan company, tax, and trust law changes

  • 1. Recent changes in company and tax law in Taiwan   Asia Offshore Association (AOA) Beijing Conference Nathan Kaiser Taipei www.eigerlaw.com
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  • 4. Corporate income tax rate: 25% -> 20% Individual income tax rate: n Recent changes in Taiwan's tax law -  Income Tax Rate 2010: 2009: Taxable Income (TWD) Income Tax Rate 0 - 500,000 5% 500,000 - 1,090,000   12 % 1,090,000 - 2,180,000 20% 2,180,000 -  4,090,000 30% 4,090,000 - 40% Taxable Income (TWD) Income Tax Rate 0 - 410,000 6% 410,000 - 1,090,000   13% 1,090,000 - 2,180,000 21% 2,180,000 -  4,090,000 30% 4,090,000 - 40%
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Notas do Editor

  1. 1. Taiwan has amended its company act, articles 100 and 156, to abolish its requirement of minimum capital. In the new law, MOEA will only rely on CPA's investigation report to see whether the company has enough capital for its set up.  2. The old business registration system combines many functions of regulations, such as tax, urban planing, public health. In other words, unless the company's application has approved by all relevant government agencies, it won't get the business registration done. The new system makes company set-up simple and straightforward. Each government agency can still demand the set-up company to comply with its regulation after  the company has been set up.