Publications

Charge Out Rates for the year 2026

Annual meetings of the board of directors and shareholders must be held within six months following the end of the fiscal year.

Taiwan has a strict labor law regime and does not recognize “employment at will.” Whether an individual may be engaged as a consultant depends not only on contractual form, but also on the substance of the working arrangement.

For companies filing corporate income tax returns on a calendar-year basis, the filing deadline is five months after the end of the fiscal year. If the deadline falls on a weekend or public holiday, it is automatically extended to the next business day. As a general rule, this filing deadline cannot be extended.

An individual’s classification as a Taiwan tax resident directly affects income tax filing obligations and applicable tax treatment in Taiwan. Where there is uncertainty regarding an individual’s residency status, whether for personal circumstances or employment arrangements, professional advice should be sought.

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.

Establishing a compliant and well-structured employment contract is essential for any organization hiring in Taiwan. Such contracts must align with the country’s legal framework while also promoting a transparent and cooperative relationship between employer and employee.

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.

An estate tax return is due within six months from the date of death. A three-month extension is available if an application is submitted before the original due date.

Expatriates taking up employment in Taiwan are subject to comprehensive tax rules and employment visa requirements. Grant Thornton’s Expatriate Tax team assists expatriates and their employers in navigating Taiwanese tax and immigration matters.

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.

Force of attraction refers to rules for foreign enterprises in Taiwan that conduct business with domestic customers.

Taiwan gift tax shall be declared to the competent taxation authority within 30 days from the gift date.

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

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.

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.