Taiwan

Country	Taiwan
Currency	TWD
EU Member State	No
Standard VAT/GST rate	5%
Reduced VAT/GST rate	15% / 5% / 1% / 0%
VAT registration limit for established businesses	Yes
VAT registration limit for non-established businesses	Yes
VAT return filing periods	Monthly / 2-Monthly
Annual VAT returns	Not required
Additional reporting requirements	N/A
VAT recovery by non-established non-EU businesses	No, with exceptions
Reverse Charge	Yes
Fiscal representative required for non-EU businesses	Yes
Statute of limitations	The statute of limitations in Taiwan is five years from the tax return filing date if the return is filed on time. Where a taxpayer fails to file an annual tax return within the statutory deadline or evades tax by fraud or any other unrighteous means, the statute of limitations is extended to seven years.