Forvis Mazars in Taiwan technical update - April 2026
Forvis Mazars in Taiwan technical update - Apr. 26
1. Accounting & Outsourcing Services:
Practical considerations for acting as a VAT filing agent for foreign e-commerce operators, including the regulatory background, VAT filing obligations and compliance models, appointment and qualification of tax filing agents, scope and limitations of agency services, electronic invoice platform functionality considerations, and key compliance takeaways.
2. Tax:
Discussion of Paragraph 1, Article 25 of the Taiwan Income Tax Act, covering the statutory framework and key characteristics of Article 25, applicable tax payment models for foreign enterprises, practical application to cross-border turnkey contracts, assessment criteria adopted by tax authorities, related tax risks and compliance considerations, and practical guidance for foreign enterprises engaged in Taiwan-related projects.
3. Audit:
Comparison of profitability criteria for listed and OTC companies under par value, no par value, and flexible par value share regimes, including an overview of each share system, key regulatory considerations in profitability assessment, and practical implications for listings, capital increases, and other corporate transactions.
4. Corporate Secretarial Services:
Business structures and registration practice for foreign companies in Taiwan, focusing on the legal distinctions among subsidiaries, branch offices, and representative offices, recent MOEA regulatory amendments, and the streamlined procedures and practical implications of converting a representative office into a branch office.
5. Payroll:
Discussion of the revised “Regulations of Leave-Taking of Workers”, covering the key amendments on attendance bonus deductions and the proportionality principle, restrictions on unfavorable treatment for employees taking sick leave, calculation methodology for bonus deductions, considerations for employee evaluation, introduction of hourly personal leave for family care, and the policy rationale of prioritizing workers’ health and fair labor practices
