Viewpoints
2025-09-25
If you have not received the tax bill in Taiwan, does that mean you do not have to pay the tax? A reminder to everyone, tax bills are sent via registered mail. If the mail is not collected and the post office retains it, it is still considered delivered under the law even if you did not actually receive it. If you fail to pay within the deadline, you may not only be charged late payment penalties but also face compulsory enforcement procedures. Under the law, there are five methods of service, namely: ordinary service, substituted service, service by deposit (postal retention), service by retention at the premises, and public notice service. Each is described as follows: Type Method Effective Time Ordinary Service Delivered to the recipient’s residence, office, or place of business and handed directly to the person. Code of Civil Procedure § 136 Takes effect upon delivery to […]
2025-09-16
Unless otherwise indicated, the Singapore company stated in this quotation refers to a private company limited by shares incorporated in Singapore in accordance with the Singapore Companies Act 1967.Our Singapore Company Incorporation Package (SGCLS02) – completed with company incorporation, company secretary, registered office, nominee local director and CorpPass account – is ideal for foreign entrepreneurs or corporations who intend to operate their Singapore companies remotely.Our fees for the formation and registration of a private company limited by shares in Singapore are SGD4,200. The fees quoted include the provision of a nominee local resident director, a named company secretary, a Singapore street address as registered office for one year, registration of a CorpPass account and maintaining of the CorpPass account.While acting as Nominee Director, Kaizen will collect a refundable security deposit of SGD3,000. This security deposit will be full refunded to you when we cease to provide the nominee service, provided there is no […]
2025-09-11
According to “Tabacco and Alcohol Control Act” in Taiwan, the definition of alcohol is a beverage containing more than 0.5% alcohol by volume, undenatured alcohol that can be used to produce or prepare the beverages, and other products. However, alcoholic preparations that are recognized by the health authorities in Taiwan as medicines according to relevant laws or regulations are not managed as alcohol. If one intends to import the types of alcohol in Taiwan, it is necessary to apply to the Ministry of Finance of Taiwan for an alcohol import business license. The mentioned license does not include the import of undenatured alcohol, which refers to alcohol containing more than 90% alcohol by volume without the addition of denaturants. The Ministry of Finance in Taiwan is the authority that is responsible for issuing and regulating alcohol import business licenses. Generally, if all required documents are submitted correctly and the information […]
2025-09-05
Unless otherwise indicated, the Business Management visa stated in this quotation refers to a working visa specially for foreigners who either incorporate a company or manage the business of that company (excluding the operation or management of the business which requires legal / accounting qualifications) in Japan. It is a kind of visa necessary for the company’s operators (such as legal representatives or directors, etc.) and the company’s management (such as managers, etc.) to work in Japan.Our fee for handling the application for Japan business management visa is JPY500,000 (excluding tax). The fee quoted includes our professional services for applying the Certificate of Eligibility (“COE”) of Japan business management visa, such as drafting a documents-required list according to the applicant’s situation, preparing the application documents, etc. For details, please refer to Section 1 of this quotation.Applicants shall ensure that he / she and the company fulfill the basic requirements. For details, please refer […]
2025-09-05
Our consulting fee for the registration of the Japan Representative Office is JPY 250,000 (tax included). Since Japan Representative Office does not consider a legal person, so the establishment of the representative office does not require to register at Legal Affairs Bureau Japan. Therefore, Kaizen could only provide the consultation service for the registration of the Japan Representative Office. The representative of the Japan Representative Office could be the foreigner, it is not required to have Japan residential address. However, according to the Japan Immigration Law, if foreigners would like to work for Japan Representative Office, they shall obtain legal residency. The Japan Representative Office does not consider as a legal person, so it is not possible to open a bank account with the name of the Japan Representative Office. The procedure for bank account opening and the procedure to sign for the lease agreement could only by the name of the representative. 1. […]
2025-09-05
Unless otherwise indicated, the Japan Kabushiki Kaisha stated in this quotation refers to a Company Limited by Shares formed and incorporated in Japan in accordance with the Japan Companies Act. Kaizen’s fee for the registration of a Japan Kabushiki Kaisha (Company Limited by Shares) with capital no more than 20,000,000 JPY and has only one shareholder and director is 500,000 JPY (excluding tax). The registration services including duplication check on company name, compile an Articles of Incorporation (in Japanese, “定款”), notarize the Articles of Incorporation in Japan, compile registration documents and ordering corporate seals set (3 pieces), etc., related to incorporating a company in Japan. The services fee does not include any government fees payable on registration, the specific service items are listed in Section 1 and Appendix 1 of this quotation. The registration fee mentioned in Section 1 does not include the notarization of shareholders’ affidavit, capital receiving agent services and assistance in […]
2025-07-30
Taiwanese individuals who invest in overseas financial products or real estate must file an Alternative Minimum Tax (AMT) return if their total annual foreign-source income exceeds TWD1,000,000 and their basic income surpasses the exemption threshold (TWD 7,500,000 for the 2024 tax year). It is important to note that different types of income, such as capital gains and interest, are categorized seperately and cannot be aggregated for tax calculation purposes. Taiwan’s comprehensive income is categorized into ten types (1) profit-seeking income, (2) income from professional practice, (3) salary and wage income, (4) interest income, (5) rental and royalty income, (6) income from self-operated farming, fishing, animal husbandry, forestry, and mining, (7) capital gains, (8) prizes or awards from contests, competitions, and games of chanes, (9)retirement income, (10) other income. For example: Mr. B filed his Individual Income Tax Return for 2023 and reported foreign-source income of TWD 6,200,000, […]
2025-07-17
According to the definitions set forth in the “Regulations on the Management of Building Interior Decorations” in Taiwan, interior decoration refers to the following activities, excluding the application and placement of wallpaper, wall fabric, curtains, furniture, movable partitions, and carpets: Ceiling decorations fixed to the structural body of the building; Interior wall decorations; Decoration of partitions fixed at a height exceeding 1.2 meters above the floor level or partitions used as cabinets; Modifications to partition walls. The Ministry of the Interior in Taiwan is the issuing and regulatory authority for interior decoration business licenses. Generally, if all required documents are submitted correctly and the information provided is accurate, the Ministry of Finance in Taiwan will issue the license within 4 weeks. The interior decoration industry in Taiwan must employ designated professional technical staff and include “interior decoration” in the company name, through specialized operation is not […]
2025-06-12
Unless otherwise indicated, the New Zealand company stated in this quotation refers to a private com-pany limited by shares incorporated in New Zealand in accordance with the New Zealand Companies Act 1993. Our New Zealand Company Incorporation Standard Package (NZCLS1) is ideal for foreign inves-tors who can provide their own local director. Our fee for this standard package is NZD9,000. The fee includes the provision a named company secretary, a street address in New Zealand as registered office for one year and payment of regis-tration fees to New Zealand Companies Office. For company registration purpose, client will need to provide us with a copy of duly certified identification and residential address proof (such as utility bills, phone bills, or bank statements etc.) of each director and founder member of the intended company, a duly completed New Zea-land Company Incorporation Order Form. A New Zealand company can be incorporated within 5 […]
2025-05-21
The current business tax thresholds for sales of goods and services in Taiwan are TWD 80,000 per month for goods and TWD 40,000 per month for services. These thresholds are anticipated to increase to TWD 100,000 and TWD 50,000, respectively, following revisions to the relevant regulations. The updated regulations are expected to be previewed at the end of October 2024, with implementation scheduled for January 1, 2025. Consequently, starting 2025, small businesses will be exempt from paying business tax provided that their monthly turnover remains below TWD 100,000 for goods and TWD 50,000 for services. If the individual online seller conducts transactions for profit by purchasing and selling goods, the “average” total sales volume over the previous six months was previously used to determine whether the treshold for tax registration was reached. However, recognizing the increasing frequency of online transactions in recent years, Taiwan’s Ministry of Finance has revised […]