Taiwan to End Invoice Exemption for Restaurants With Monthly Revenue of at Least NT$200,000 in 2029

Taiwan currently taxes food and beverage businesses according to their operating scale. Small businesses may be exempt from issuing government uniform invoices and pay a 1% tax rate on assessed revenue. With electronic payments and digital bookkeeping becoming more widespread, the Ministry of Finance will bring food and beverage businesses with monthly revenue of at least NT$200,000 into the invoice system to narrow the tax gap between operators of different sizes. Their business tax rate will rise to 5%, though they may deduct input tax.

The ministry announced that it will abolish the invoice exemption for food and beverage businesses with monthly revenue of at least NT$200,000 from 2029. Snack shops and other food-service operators meeting the threshold will be legally required to issue invoices, while businesses below it will remain exempt. To ease the transition, the government is offering a preferential 1% business tax rate to operators that adopt mobile payments, with the relief running through the end of 2028.