Taiwan has a corporate tax rate of 17%, the second-lowest rate in Asia after Hong Kong. There is an average of 11 tax payments to make each year, and preparing and paying tax takes about 221 hours. Fortunately, at TMF Group Taiwan, we are well-versed and experienced at handling all aspects of accounting and tax in Taiwan.
From maintaining bank accounts, paying vendors, reiumbursing employees and filing tax returns, we can assist with your accounting and reporting needs in Taiwan. To help you comply with regulatory requirements, we can prepare monthly reporting packages based on your statuatory financial statements that include balance sheets, income statements and other necessary inclusions.
The TMF group Taiwan team can help you with:
- Bookkeeping
- Payments processing
- Local tax compliance reporting
- Bi-monthly Value Added Tax (VAT) return
- Annual Withholding Tax return
- Interim Withholding
- Annual Corporate Income Tax Return
- Consolidated accounts preparation and reporting
- Monthly report packages