Testimonial
Manuel Ramos
TERAO ASIA
Managing Director
We think INS Global is a good solution about starting business in new and complex markets. Understanding the market doesn’t mean you need to set up a company immediately.
5/5
Expanding into a new market and hiring foreign talent can seem daunting.
INS Global provides payroll outsourcing services to over 600 companies in over 160 territories.
We ensure that our clients’ global employees are paid through methods that streamline complex tax and insurance regulations in local jurisdictions.
You can focus on achieving your business goals while we manage potentially frustrating HR issues and make sure that your employees are paid punctually, accurately, and safely.
INS Global’s experienced team of local experts with over 15 years of experience in the industry will ensure that you’re fully compliant with every aspect of payroll regulations in Taiwan
Save time and money by working with only a single partner who will care for all of your payroll outsourcing needs
Your employees will be guaranteed punctual monthly payments according to the requirements you establish
By providing recruitment, headhunting, and payroll outsourcing in Taiwan, a PEO can take care of the HR processes required for your entry into this market while you exclusively concentrate on growth
A PEO covers all aspects of HR services and streamlines them into one platform
For companies establishing themselves in Taiwan, the complex task of organizing payroll in a foreign country and ensuring that your employees are paid timely and accurately is a costly and arduous process.
INS Global can work with you to simplify this procedure into one basic agreement with our local PEO. This local entity can act as your EOR in Taiwan and perform all necessary payroll functions for your business.
Manuel Ramos
TERAO ASIA
Managing Director
We think INS Global is a good solution about starting business in new and complex markets. Understanding the market doesn’t mean you need to set up a company immediately.
For a foreign company that wants to establish itself in Taiwan, the primary concerns regarding Taiwanese regulations are: individual income tax for employees, social security costs, VAT withholding tax, business tax, and permanent establishment concerns. There are four main options for handling payroll in Taiwan:
The sales tax in Taiwan is known as the Business Tax. The basic rate is 5%.
Withholding Tax: For dividends, this rate is set at 20%.
For interest, it is set at 15%.
For royalties, it is set at 20%.
For more information about payroll outsourcing, as well as many of the other HR services provided by us, contact us here:
Organizing payroll for your global corporate structure can sometimes be a complex process fraught with random complications and unexpected delays.
INS Global can serve as your all-in-one point of contact to meet your needs for payroll outsourcing in Taiwan, PEO solutions, invoicing, and tax administration services.
We take care of the complications and allow you to focus on your expansion into Taiwan.
No, it is necessary to use a local entity abroad to comply with each country labor law.
Foreign companies can either set up a local entity in each country or use the services a local PEO (Professional Employment Organization) to hire the staff on-site directly.
The employer of record is the legal entity liable for the staff employed in a specific country. In practice, a foreign company can either open a subsidiary to become the employer of record of its abroad employees or use a PEO to act as the employer of record.
In general, 1-month is necessary to have an employee based out abroad using an existing PEO as the employe of record. When incorporating a new subsidiary to be the employer of record, the delay varies from 4-12 months.
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