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Taiwan Tax Information

5% business tax

Business tax is 5% VAT. Uniform invoices required for most transactions. Tax ID required.

Bookkeeper Services to Invoice

  • Monthly bookkeeping
  • Bank reconciliation
  • Accounts payable
  • Accounts receivable
  • Payroll support
  • Financial reports
  • Catch-up bookkeeping

Invoice Requirements in Taiwan

Tax ID (統一編號)
Company address
Client Tax ID
Invoice number
Business tax
Total in TWD

Payment Terms

Monthly retainer paid in advance. Catch-up projects 50% deposit.

現金月結30天月結60天貨到付款

Payment Methods in Taiwan

Bank TransferLINE PayCredit CardCash

Bookkeeper Invoice Tips

  • Specify period covered
  • Include transaction count
  • Note software used
  • Reference deliverables
  • Document hours if applicable

Frequently Asked Questions

What tax rate applies to bookkeeper invoices in Taiwan?

Taiwan has 5% business tax. Business tax is 5% VAT. Uniform invoices required for most transactions. Tax ID required.

What payment methods are common for bookkeepers in Taiwan?

Common payment methods in Taiwan include: Bank Transfer, LINE Pay, Credit Card, Cash. Monthly retainer paid in advance. Catch-up projects 50% deposit.

What should bookkeeper invoices include in Taiwan?

Your invoice should include: Tax ID (統一編號), Company address, Client Tax ID, Invoice number. For bookkeeper services specifically, also include: Monthly bookkeeping, Bank reconciliation, Accounts payable.

How to price bookkeeping?

Monthly flat fee based on transaction volume. $300-2000/month typical for small business.

Charge for catch-up work?

Hourly or per-month-behind rate. Catch-up is intensive work, price accordingly.

What is Taiwan's business tax rate?

5% VAT on most goods and services. Some are zero-rated or exempt.