Why KPMG Taiwan as Your Trustworthy Partner? How we can help?
With ever-growing complexity of foreign investment, tax and regulatory regime, you need a client-centric, integrated and forward-looking team of seasoned consultants to work alongside your team in your expansion in Taiwan.
Set up and doing your business in Taiwan
4 Stages of Your Investment Life Cycle
From each critical stage of your investment life cycle in Taiwan, KPMG has a complete offering of services and solutions with your goal in mind to support your teams to maximize values of your investment in Taiwan. Please refer to our “A Step Guide to your Taiwan Investment” guide for key considerations in each stage.
1.Forming Legal Entity
What we can offer
- Investment advisory services
- Tailormade advisory service on choice of entity and investing structure that fits the business purpose for optimal tax position.
- Full scope of advisory service, including the branch/ subsidiary establishment process through tax registration approval and consulting on general investment issues.
- Appointment of responsible person / branch manager
- Responsible person’s / Branch manager’s rights and obligations
- Capital requirement
- Coordination on bank account issues
- Finding registration address
- Foreign currency exchange
- Tax registration issues
- Additional investment and registration issue after establishment, such as capital increase, amendment of company articles
Foreign Investment Approval (“FIA”)
Taiwan’s foreign investments must obtain the FIA from Investment Committee, Ministry of Economics Affairs (“MOEA”) or MOEA itself. KPMG has extensive experience in FIA applications and will assist you in dealing with any inquiries from the authority.
Capital Contribution CPA Audit
Under Company Act, companies shall have their injected capital certified by Taiwan CPA as part of the establishment procedures. KPMG will provide capital audit support along with the investment advisory service.
Value-added Advisory and Network of Related Services
2.Accounting and Tax Compliance System System
What we can offer
- Accounting service
- Accounting support
(1) A/R, A/P, employee expense processing work outsourcing service. - Maintain account books in accordance with ROC GAAP
(1) Prepare financial statements in accordance with the required templates
(2) Prepare related supporting schedules and reconciliation statements - Income tax compliance service
- VAT compliance service
- Stamp tax reporting
- Withholding tax compliance service
- Monthly payroll processing
(1)Severance /retirement benefit calculation
(2).Withholding tax calculation for expatriate employee - Statutory filing
(1)Filing application for enrollment/withdrawal/contribution salary changes
(2)Filing of involuntary termination
(3)Filing of 2nd generation NHI withholding
Tax Compliance Service
Payroll Outsourcing Service
3.Employment Compliance
What we can offer
- KPMG Global Mobility Services (GMS)
- Preparation of Taiwan and US individual income tax returns
- Global mobility advisory from tax or immigration requirements perspectives
- Immigration services, including application of work permit, Alien Resident Certificate and Employment Gold Card.
- Calculation of employee’s tax equalization followed by company policy
- Tax advisory services on equity income plan
Our team provides professional assignees taxes and immigration services to help multinational companies managing their global workforce in a rapid changing global mobile environment.
4.Operate - Tax Position Management
What we can offer
- Tax Management Consulting/Dispute and Controversy Resolution
- General direct and indirect tax advisory on inbound transactions
- Tax ruling, incentive, and treaty relief application
- Tax cost minimization for cross-border transactions, e.g. Article 25 application
- E-services (digital services) related advisory and compliance services
- Tax dispute and controversy resolution, e.g. tax audit defense, tax administration remedy (recheck, appeal)
4.Operate - Mergers & Acquisitions
What we can offer
- M&A Service
- Tax due diligence and advisory for M&A
- Tax consulting on optimal adjustment to group investment structure for M&A taking into the tax considerations during investment cycle：
(1)Market entering, choice of holding structure,
(2)Tax consideration during holding period,
(3)Exiting investment - Tax consulting on funding consideration and tax consideration from refinancing model perspective
- Tax consulting on effective adjustment to group operation model and shareholding structure for M&A
4.Operate - Transfer Pricing, Trade and Custom
What we can offer
- Trade and Custom
- Classification determination
- Valuation review and adjustments
- Post-entry audit
- Duty recovery and mitigation
- Filing adjustments for corrections (such as transfer pricing adjustments)
- Plan on transfer pricing policy by taking into account Group business goal and local practice
- Prepare three-tie transfer pricing documentations (Transfer Pricing Contemporaneous Documentation, Master file and Country-by-Country Report)
- Assist in response to tax authorities’ queries and defense on transfer pricing controversy
- Assist in response to tax authorities’ queries and defense on transfer pricing controversy
- Assist companies to manage their operational transfer pricing to reduce the risk of double taxation
- Apply for advance pricing agreement (APA)
Transfer Pricing
What is hot or in trend in “Invest in Taiwan”?
2022
- 05/05 issue 179 - Taiwan – COVID-19: Extension of Individual Income Tax Return Filing, payment deadlines
- 04/08 issue 177 - The Introduction of tax incentives for the foreign professionals working in Taiwan
- 04/01 issue 175 - Taiwan – COVID-19: Easing Border Controls for Business Travelers
- 01/18 issue 172 - Draft amendment on partial articles of Taiwan Tax Registration Rules
- 01/07 issue 171 - New amendment to Article 15-1 of TSI Guidance & Income Taxation on Cross Border Electronic Services
2021
- 09/03 issue 169 - Taiwan Customs Requirements when Making One-Time TP Adjustments
- 09/01 issue 168 - Taiwan MOF Finance has amended and promulgated the Guidance on Application of Income Tax Treaties
- 05/12 issue 161 - One-time Transfer Pricing Adjustment Rules – Important points and disclosure-related matters
Meet our team
