Corporate Tax in Taiwan

Overview by Globlatrade.net:
Tax Base For Resident and Foreign Companies
Resident and non-resident companies are charged in the same way concerning taxation. They're charged on worldwide income generated in Taiwan. If a person resides in Taiwan less than 90 days in a year, the tax rate will be 20%.
Over 90 days, the tax rate is the normal tax rate for local residents, no matter whether Taiwanese or foreigners.
 

Tax Rate

Corporate tax Progressive rate
NTD 0 - 50,000 0%
NTD 50,001 to 100,000 15% but the tax may not exceed 50% of the excess of taxable profit.
NTD 100,001 and over 25%
 
Tax Rate For Foreign Companies
Resident and non-resident companies are charged in the same way concerning taxation.
Capital Gains Taxation
Capital gains are taxed in the same way as ordinary income.
Main Allowable Deductions and Tax Credit
Consult the PKF 2009 Tax guide.      
Other Corporate Taxes
Real Property Tax (Land Value Tax) of 1 to 5.5%; Deed Tax is imposed on the transfer of real estate at tax rates varying from 2% to 6%.
 

Country Comparison For Corporate Taxation

  Taiwan East Asia & Pacific United States Germany
Number of Payments of Taxes per Year 17.0 24.5 11.0 16.0
Time Taken For Administrative Formalities (Hours) 269.0 218.2 187.0 215.0
Total Share of Taxes (% of Profit) 41.9 35.4 46.8 48.2

Source: Doing Business

Note: *The Greater the Index, the More Transparent the Conditions of Transactions. **The Greater the Index, the More the Manager is Personally Responsible. *** The Greater the Index, the Easier it Will Be For Shareholders to Take Legal Action. **** The Greater the Index, the Higher the Level of Investor Protection.

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