Germany to Taiwan: Setup Payroll Accounting Tax One-stop Services tpe4de
WFOE set-up, Work Permit, PEO, Payroll, Accounting, Tax Compliance. Supported by Evershine own cloud accounting and payroll system. Germany and Taiwan colleagues collaboratively to serve you.
Contact window as below:
Jerry Chu, USA Graduate School Alumni & a well-English speaker
Office Tel: +886-2-2717-0515 E103
Mobile: +886-939-357-735
Email: tpe4de@evershinecpa.com
Taiwan WFOE Company Registration
(WFOE stands for Wholly Foreign Owned Entity)
Our Service Coverage
*Company Registration
*Virtual Address Registration
*Trademark Registration
*Work Permit Application
*ARC (Alien Residence Certificate) Application
*Taiwan FDA (Food and Drug Administration) Application; RA (Regulations Affairs) application.
*Healthy and Functional Food product License Application
*Medical Device Business License
*MLM Business License Application
*Other Special Industry Permit Application
Send an email to tpe4ww@evershinecpa.com
We will respond to you in 1-2 days.
You may also call our HQ located in Taipei and look for:
Manager Jerry Chu, USA Graduate School Alumni and a well-English speaker
Mobile: +886-939-357-735
Tel No.: +886-2-2717-0515 ext. 103
For investment structure relevant with multi-national tax planning and Financial & Legal Due Diligence for M&A (Merge and Acquisition), send an email to HQ4TPE@evershinecpa.com & contact Dale Chen, Principal Partner/CPA in Taiwan+ China+ UK, AIA, & over-all responsible for these arrangements. linkedin address:Dale Chen Linkedin
How to know what kind of entity you need to register?
With Tax ID? |
Issues Sales Invoices? |
Legal Entity? |
Wholly Owned by a Foreigner? |
|
Representative office |
Yes |
No |
No |
Yes |
Branch |
Yes |
Yes |
No |
Yes |
Subsidiary |
Yes |
Yes |
Yes |
Yes |
Joint Venture |
Yes |
Yes |
Yes |
No |
1) Representative Office
1.1 Expenditure payment to company’s vendors and employees & payroll compliance issues handling.
1.2 No need to issue local invoices in your representative office. The sales invoice is directed to the parent company.
2) Branch
2.1 Direct issuance of sales invoice to the client by your branch.
2.2 Payment of expenditures and inventory purchasing.
2.3 Not a legal entity; acts on behalf of the parent company.
2.4 When Branch has after- 17%-tax operating incomes, it can be wired out to the Parent company without any withholding tax.
3) Subsidiary
3.1 it is a legal entity and independent domestic company.
3.2 To issue sales invoice, pays out all expenditures and purchase inventory.
3.3 When a subsidiary has after-17%-tax operating income, it can be wired out to the Parent company by paying 20% withholding tax.
4) Joint Venture
4.1 same with subsidiary.
4.2 Only difference is that a joint venture would not be a wholly-owned entity by a foreigner, it must have a local partner.
Taiwan FDA (Food and Drug Administration) Application; RA (Regulations Affairs) application
As for Special Industry Permit application in Taiwan, we are experts in relevant with Taiwan FDA (Food and Drug Administration) Application.
Service coverage includes:
*Application of Pharmaceutical Company Trading License
*Food Product Trading License
*Cosmetics & Pharmaceuticals Trading License
*Medical Devices
*Medical Diagnostics devices
We have been serving several MLM direct selling importing & pharmaceutical importing companies.
We provide Trust-EnhanserR 4 in 1 services for these enterprises (abbreviated as WFOE) in Taiwan.
We undertake four functions including Accounting & Tax, Finance & Payroll Compliance, and Cloud System Provision.
WFOE stands for Wholly Foreign Owned Enterprises.
We will act as your in-house accountant using web-platform system to create a collaborative working environment.
Evershine staff doesn’t need to sit in your office but act as your accountants.
No need for you to fill your Accounting, Finance, Payroll, and IT Departments in your WFOE in China.
Fraud-proof, Seamless collaboration, Hassle-free are some of our service features.
Your company’s CFO or any assignee can approve payment request/s and do the money transfer through online banking anytime, anywhere!
As Evershine’s Standard Operating Procedure (SOP), we issue monthly reports within seven (7) days in compliance with IFRS.
We use a web-platform in servicing our clients belonging to our spin-off company, Evershine BPO Service Corp.
Our service also includes:
Payroll Cycle — Leave Application, Shifting Schedule, Payroll Calculation, Insurance, Pension Fund, Pay Slip Provision
Expenditure Cycle — Expenses: Employee, Office & Travel
Receiving Cycle — From Order to Cash
Payment Cycle — Purchases to Payment
General Ledger — Records to Report
VAT Filing
Cost Accounting
Taiwan Payroll Compliance tpe4tw
ADP Employer Services International provides multi-country payroll outsourcing services through ADP Streamline®.
Evershine CPAs Firm is a local partner of ADP Streamline® in Taiwan.
www.adp.com/streamline
Service Coverage
* Company Registration of Taiwan WFOE (Wholly Foreign Owned Entity)
* Work Permit application in Taiwan
* Working Visa Application in Taiwan
* Local Services for expatriates like airport pick-up, hotel and renting, bank account etc,.
* Online Payroll Management System
* File for listing and delisting of Labor Insurance and Health Insurance
* Gross salary calculation based on fixed and non-fixed salary, Leave and Overtime
* Labor Insurance Charge paid by the company and employee
* Health insurance Charge paid by the company and employee
* Pension Fund Charge paid by the company and employee
* Withholding Tax
* Gross salary and net-cash salary
* Salary wire transferring services
* Delivering payment slip to each employee
* Accepting query from each employee.
* Annual accumulation salary income and withholding tax report to Tax Bureau.
* Year-end insurance premium certificate
* Severance pay application
* Semi-annual adjustment of insured caps and LPA caps
Our Online Payroll Management System includes the following modules:
* Online Basic Data collection
* Online Payroll Parameter collection
* Online Leave authorization
* Online Overtime authorization
* Online Payroll Calculation
* Online Proposal authorization
* Online Payslip
* Online Annual personnel Tax
* Custom tailor made if necessary
* Salary wire transferring services through local web banking function authorized by three roles including “Maker”, “Reviewer” & “Approver”. Evershine staff will play “Maker” role.
Payroll Compliance Regulations in Taiwan
1. Once an employee is on board, he/she needs to apply for Social Insurance on the 1st day.
If an employee wishes to leave the company, he/she must file her removal from social insurance.
2. Payroll for each employee includes taxable salary and tax-free salary.
Taxable salary must pay withholding income tax with rates varying according to the number of his/her dependents.
Income tax withheld by the company must be paid to the Tax Bureau before the 10th day of the following month.
3. Each employee must have labor insurance, health insurance, and pension fund.
Except when an employee bears his/her portion fees, employers have to undertake most of them.
Payments shall be made to the Bureau of Labor Insurance, National Health Insurance Council, and the Employee Pension Board before the 15th day of the following month.
How do we collaborate with your subsidiary staff to do the payroll processing job?
First, your staff will use Online Payroll Management System, designed by Evershine, to provide accurate information
1. Using Evershine system, your employees can fill in salary-related information, such as fixed salary, non-fixed salary, Leave data, Overtime data, “Last year’s average monthly salary”, Bank account information, E-mail Address, etc.
2. If you have your own human resource management system, you can provide us with your monthly gross salary file for us to upload in our salary management system.
Second, we use the Payroll Calculation Module to generate Monthly salary spreadsheet
1. 3 days before payday, in accordance with data files provided by your staff, we use Payroll Calculation Module to generate a Monthly salary spreadsheet. It includes:
* Social Insurance Charge paid by the company and employee
* Housing Fund Charge paid by the company and employee
* Withholding Tax
* Gross salary and net-cash salary
2. Monthly salary spreadsheet must be approved by your authorized personnel staff.
3. After approval, file will be uploaded to your assigned bank for direct money wiring to each employee’s bank account.
Third, we present pay slip through different delivery routes in secure ways
1. Individual pay slip delivery by email in .pdf format with encryption
2. We also allow each employee to check his/her own pay slip through the cloud server.
3. Questions and clarifications are handled by our personnel over the phone.
In Taiwan and major cities of China, we are focused on providing our featured services to overseas entities of these stock-listed parent companies in their own countries.
If you have M&A target and you want confirmation on its feasibility, we can cater Due Diligence services.
Evershine CPAs Firm is well-experienced in doing these services and has already handled more than 50 Due Diligence cases assigned by global companies until July 2014.
Among them was a transaction worth 700million USD.
Service Coverage
*Review Past 3 years financial statements
*5-year financial statement forecast
*EBIDA calculation for your reference
*Tangible Assets Review
*Liability Review
*Share & Loan Capital Structure Review
*Review Intangible Assets
*Tax Risk Evaluation
*Guarantee to bear past tax risk of Target Company, if necessary
*Evaluate Contingent liability on Employee Benefit Plans
*Contingent Liability Evaluation through Execution of Legal Due Diligence procedures
*Feasible and workable Deal Structure Suggestion
*Review IT and Internal Control System
*After-merger Assistance for better control through cloud collaboration in the IT system
Taiwan Trademark Registration
Our Service Coverage
*New Application of Trademark in Taiwan
*Renewal Application Of Trademark in Taiwan
Other Services
Auditing:
Including Financial Auditing, Tax Auditing & Due Diligence
Tax Consultation:
Including Tax planning & preparation for corporate and individual returns
Business and Intellectual Property Valuation:
Including Business valuation, IP valuation, IP commercialization
Initial Public Offering Listing Planning:
Including Preparation for Asian enterprises listing in the US markets of OTCBB, AMEX and NASDAQ
US income tax return preparation:
Filing federal and state income tax returns for US citizens living abroad
Contact Us
If you are interested in any of the above-mentioned services,
please send an email to sales.taiwan@evershinecpa.com
Expect a response within 2 working days.
Dale Chen, Principal Partner CPA/Patent Attorney/MBA
Office Tel: +886-2-2717-0515 ext. 100
Mobile: +886-933920199
Skype: daleccchen
Email: dalechen@evershinecpa.com
linkedin address: Dale Chen Linkedin
For Specific countries, please link below in order to get more detailed information
>>For Australia MNCs: Taiwan Setup Payroll Accounting Tax One-stop Services
>>For Belgium MNCs: Taiwan Company Registration Accounting Tax Payroll
>>Brazil to Taiwan: Setup Payroll Accounting Tax One-stop Services
>>Canada to Taiwan: Setup Payroll Accounting Tax One-stop Services
>>France to Taiwan: Company Registration Accounting Tax Payroll
>>Germany to Taiwan: Company Setup Payroll Accounting Tax One-stop Services
>>HK to Taiwan: Setup Payroll Accounting Tax One-stop Services
>>India to Taiwan: Setup Payroll Accounting Tax One-stop Services
>>Indonesia to Taiwan: Setup Payroll Accounting Tax One-stop Services
>>Israel to Taiwan: Setup Payroll Accounting Tax One-stop Services
>>Italy to Taiwan: Setup Payroll Accounting Tax One-stop Services
>>Japan to Taiwan: Setup Payroll Accounting Tax One-stop Services
>>Korea to Taiwan: Setup Payroll Accounting Tax One-stop Services
>>Netherlands to Taiwan: Setup Payroll Accounting Tax One-stop Services
>>Philippines to Taiwan: Setup Payroll Accounting Tax One-stop Services
>>Malaysia to Taiwan: Setup Payroll Accounting Tax One-stop Services
>>Russia to Taiwan: Setup Payroll Accounting Tax One-stop Services
>>Singapore to Taiwan: Setup Payroll Accounting Tax One-stop Services
>>UK to Taiwan: Setup Payroll Accounting Tax One-stop Services
>>USA to Taiwan: Setup Payroll Accounting Tax One-stop Services
>>Vietnam to Taiwan: Setup Payroll Accounting Tax One-stop Services
Additional Information
Evershine has 100% affiliates in the following cities:
Headquarter, Taipei, Xiamen, Beijing, Shanghai,
New York, San Francisco, Houston, Phoenix,
Tokyo, Seoul, Hanoi, Ho Chi Minh, Bangkok,
Singapore, Kuala Lumpur, Manila, Dubai,
New Delhi, Mumbai, Dhaka, Jakarta,
Frankfurt, Paris, London, Amsterdam,
Milan, Barcelona, Bucharest,
Melbourne, Sydney, Toronto
Other cities with existent clients:
Miami, Atlanta, Oklahoma, Michigan, Seattle, Delaware;
Berlin, Stuttgart; Prague; Czech Republic; Bangalore; Surabaya;
Kaohsiung, Hong Kong, Shenzhen, Donguan, Guangzhou, Qingyuan, Yongkang, Hangzhou, Suzhou, Kunshan, Nanjing, Chongqing, Xuchang, Qingdao, Tianjin.
Evershine Potential Serviceable City (2 months preparatory period):
Evershine CPAs Firm is an IAPA member firm headquartered in London, with 300 member offices worldwide and approximately 10,000 employees.
Evershine CPAs Firm is a LEA member headquartered in Chicago, USA, it has 600 member offices worldwide and employs approximately 28,000 people.
Besides, Evershine is Taiwan local Partner of ADP Streamline ®.
(version: 2022/03)
Please send email to tpe4de@evershinecpa.com
>>Due Diligence For M&A Project
>>Services in other China Cities
(The ADP logo is a registered trademark owned by ADP, Inc. in the United States and in other countries.)