This article aims to assist the readers to understand how foreign companies can invest in Taiwan, by establishing a subsidiary, a branch office, or a representative office.

Royal Decree 1007/2023, was published in the Official State Gazette, which approves the Regulation that establishes the requirements that computer or electronic systems and programs that must support the billing processes of businessmen and professionals, and the standardization of billing record formats, colloquially known as “Verifactu”.

The United Arab Emirates authorities have recently received significant recognition from the Financial Action Task Force (FATF) as they have been removed from the so-called “Grey List” for combating money laundering and terrorism financing.

The Ministry of Finance has recently approved three new information statements in relation to virtual currencies. These are models 172, 173 and 721.

The informative statements, forms 172 and 173, refer to the balances and operations carried out with virtual currencies (commonly called cryptocurrencies) by natural and legal persons.

The Federal Court’s judgment confirms that crypto assets can be captured under existing financial services laws. Operators in the crypto industry should take note and utilise this opportunity to review their existing (and planned) operations

In what has been a saga of losses in pursuit of gold, the latest Administrative Appeals Tribunal case of HNMF v Commissioner of Taxation has seen the Commissioner again face defeat, this time in respect of the anti-avoidance provisions in the GST Act.

The Taiwanese Ministry of Finance promulgated a new interpretative order on December 2023, regulating the income tax of foreign entities' carbon credits trading in Taiwan, that is, selling foreign carbon emission rights on the Taiwan Carbon Solution Exchange

On January 12, 2024, the Financial Market Commission (CMF) issued General Standard No. 502 which provides instructions on the provision of technology-based services regulated by the FinTech Law.

The reimbursement to a Swiss company by a Luxembourg company of the entire dividends received from a French company does not exclude the status of the beneficial owner and the exemption of the French witholding tax.

Following the publication of the decrees implementing the Ministerial Decree, the register of the beneficial owners in Italy has finally become operational, and it obliges entities operating in Italy to report data and information concerning their beneficial ownership.

A short Q&A covering main aspects to consider when investing in Taiwan.

Tax reform is advancing in the Federal Senate. There are, however, points that could harm the development of entire sectors of economic activity, such as football.

Wrapped tokens have emerged as a powerful catalyst for interconnectivity between different ecosystems. For tax purposes the Australian Taxation Office (ATO) has no formal public guidance on the implications of wrapping.