Value-added tax in Taiwan Q&A
FAQ 1. What is the scope of value-added business tax in Taiwan?
Value-added business tax (VAT) shall be levied on the sale of goods or services within the territory of Taiwan and on the import of goods.
FAQ 2. What are the circumstances of sale of goods and services within the territory of Taiwan?
Sale of goods within the territory of Taiwan:
1. Where goods sold are required to be transported in order to effectuate delivery and the origin of shipment is within the territory of Taiwan.
2. Where goods sold are not required to be transported in order to effectuate delivery, and the goods are located within the territory of Taiwan.
Sale of services within the territory of Taiwan:
1. Where services sold are supplied or utilized within the territory of Taiwan.
2. Where passengers are boarded or goods loaded within the territory of Taiwan by an international transportation enterprise.
3. Where a foreign insurance enterprise accepts reinsurance policies from an insurance enterprise within the territory of Taiwan.
(Value-added and Non-value-added Business Tax Act Article 4)
FAQ 3. What is the VAT rate for general industries?
The VAT rate for general industries in Taiwan is 5%.
FAQ 4. Is there any VAT refund can be claimed in Taiwan?
Yes. If you export goods or services to oversea clients and collect foreign currency inwards, you can apply for 0 VAT rate and claim the VAT refund for input VAT.
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