Taiwan Business Guide - Management and Business Studies Portal
Taiwan Business Guide - Management and Business Studies Portal
Taiwan Business Guide - Management and Business Studies Portal
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
<strong>Business</strong> Issues <strong>and</strong> Considerations<br />
Getting Paid <strong>and</strong> Financial Issues<br />
(Continued)<br />
Currency information<br />
The currency of <strong>Taiwan</strong> is the new <strong>Taiwan</strong><br />
dollar, commonly referred to as the yuán,<br />
which can be written in either of two<br />
forms: an informal 元 or a formal 圓 , (used<br />
interchangeably). Notes come in NT$2,000,<br />
NT$1,000, NT$500, NT$200 <strong>and</strong> NT$100<br />
denominations. Coins come in NT$50, NT$20,<br />
NT$10, NT$5 <strong>and</strong> NT$1 denominations.<br />
There are no limits on the amount of<br />
foreign currency (notes <strong>and</strong>/or traveller’s<br />
cheques) visitors may import.<br />
Visitors may take up to NT$40,000 into<br />
<strong>Taiwan</strong>, but will need a permit from the<br />
Ministry of Finance for the import of<br />
anything higher than NT$8,000, as well<br />
as a permit to export anything more than<br />
NT$40,000.<br />
54
Change language