Crypto Regulation in Taiwan

Legal

Tax Information

Capital Gains (Personal)
Crypto treated as property; gains may be subject to income tax at 5-40% progressive rates
Capital Gains (Corporate)
20% CIT on crypto business profits
VAT on Crypto
No
Staking Tax
Taxable as income
Airdrop Tax
Taxable as income upon receipt
Mining Tax
--

Licensing & Registration

License Required
Yes
Regulator
FSC Taiwan (Financial Supervisory Commission of Taiwan)
Framework
Virtual Asset Service Provider Registration (AML/CFT compliance); Guiding Principles for VASP Operations 2024
License Types
--
Estimated Cost (USD)
$20,000 - $100,000
Timeline
3-9 months
Ease of Licensing
Moderate

AML / KYC

KYC Required
Yes
Travel Rule
Yes
FATF Member
--
FATF Status
--
Suspicious Activity Reporting
--

Mining

Mining Legal
Yes
Status
Legal
Electricity Cost ($/kWh)
$0.09
Renewable Energy
20%
Climate
Temperate
Infrastructure
Excellent
Tax on Mining Income
20% CIT on crypto business profits

DeFi, Stablecoins & NFTs

DeFi: unregulatedStablecoins: unregulatedNFTs: unregulatedCBDC: pilot - CBC conducting retail CBDC pilot studies

Soken Services

Legal Opinion
Available | $3,000 - $12,000 | 10 days
Banking
Difficulty: Hard | Crypto-friendly banks: none listed
Min. Deposit
$10,000
Fiat Rails
SWIFT
Card Payments
Visa, Mastercard
Company Registration
$8,000 | 30 days | Limited Liability Company
Licensing Support
Available | $25,000 - $100,000

Sources

Financial Supervisory Commission
high

Frequently Asked Questions

Is crypto legal in Taiwan?
Cryptocurrency is currently classified as "Legal" in Taiwan.
What is the crypto tax rate in Taiwan?
In Taiwan, the personal capital gains tax on crypto is Crypto treated as property; gains may be subject to income tax at 5-40% progressive rates, and the corporate tax rate is 20% CIT on crypto business profits.
Do I need a crypto license in Taiwan?
Yes, a crypto license is required in Taiwan. The regulator is Financial Supervisory Commission of Taiwan under Virtual Asset Service Provider Registration (AML/CFT compliance); Guiding Principles for VASP Operations 2024. Estimated licensing cost: $20,000 - $100,000.
Is crypto mining legal in Taiwan?
Yes, crypto mining is legal in Taiwan. Electricity costs approximately $0.09/kWh. Mining income is taxed at: 20% CIT on crypto business profits.
What are the AML/KYC requirements for crypto in Taiwan?
Yes, crypto businesses in Taiwan must comply with KYC (Know Your Customer) requirements. The FATF Travel Rule is implemented.