Publications

Starting from FY 2019, non-listed companies with paid-in capital of less than NT$30 million, but with more than 100 employees or annual sales turnover reaching or exceeding NT$100 million, are required to have their financial statements audited by a CPA firm.

To maximize the benefits of investing in Taiwan, it is vital that investors consider, as early as possible, both the tax planning opportunities and the specific tax obligations their nvestment presents.

Directors and supervisors in a company are automatically deemed to hold “employer” status. Any person whose name appears on the company statutory record as the responsible person is also deemed to hold “employer” status.

Understanding Taiwan’s Compliance Requirements All companies registered in Taiwan, regardless of whether they are foreign or locally owned, must be in compliance with Taiwan’s regulations. Much of the requirements come from the Labor Standard’s Law, the Company Act and related rulings issued by Government Authorities.

Taiwan is still in the process of adopting the international ethics standards as published by the IFAC. Before such time, the existing ethics standards still need to be followed. The existing standards can be summarized as follows.

In Taiwan, we have achieved ISO certification every year since 2016 for both ISO 9001 and ISO 27001. In 2019 we received the Community Service Award from Grant Thornton International. In 2024 and 2025 we were named Accounting Services Expert of the Year in Taiwan – by Corporate INTL. We were also named the Accountants and Tax Advisors of the Year – Taiwan in 2024 by GBA Magazine.

Taiwan Work Visa Comparison Table

A Foreign Entity investing in Taiwan may apply for withholding tax reclamation or tax relief if it is domiciled in a country that has a Double Tax Agreement with Taiwan.

Charge Out Rates for the year 2026

In general, employers can choose between three methods to apply for work permits for foreign employees. Grant Thornton Taiwan specialists can guide you and work with you to complete all the steps related to your work permit application, visa, and alien residence certificate in an efficient manner.

Under the new Act, all employers are required to deposit 6% (or more) of a worker's monthly wages into an individual labor pension account managed by the Bureau of Labor Insurance, with ownership going to the worker. Business entities employing 200 or more workers shall decide through their respective labor unions whether to adopt an annuity insurance program. If no labor unions exists,with the approval obtained through a labor-management meeting and the central competent(the Ministry of Labor), a business entity may take out an annuity insurance that complies with the Insurance Act on behalf of those workers who choose, in writing, to take out an annuity insurance.

Directors and supervisors in a company are automatically deemed to hold “employer” status. Any person whose name appears on the company statutory record as the responsible person is also deemed to hold “employer” status.

Labor meetings should be held regardless of industry or business entity size; as long as a business entity is subject to the LSA, then it should hold labor meetings as per regulations.

In Taiwan, to squeeze out minority shareholders, one needs to take a more complex approach based on the Taiwan Business Merger and Acquisition Act

The Employment Gold Card is aimed at attracting foreign professionals to live and work in Taiwan by creating a more friendly work and residency environment. This is achieved through the relaxation of visa, work, and residency regulations, as well as enhancements to insurance, tax, and retirement benefits.

Statutory benefits are compulsory in Taiwan and include Labor Insurance, National Health Insurance, and Pension. Contribution rates for Labor and Health Insurance vary depending on salary scale tables, while pension rates are set at a fixed percentage.