Q01
What is the maximum subsidy amount for career training programs under the Self-Governance Ordinance??
A01
The maximum subsidy for labor career training is NT$800 thousand; however, the career training subsidy may be increased to a maximum of NT$1 million for enterprises with the recommendation of Taipei City public career institutes, and enterprises that have increased the employment of middle-aged unemployed workers to a total of 1% of that of the original employees.
Q02
Any limitation on the initial date of the project?
A02
The initial date of the project should not be earlier than the date of submitting an application.
Q03
I want to set a booth in the department store. Can I apply grant for booth as venue rental?
A03
Venue rental grant is for the rent of event area which is set for the project. Long-term booth rent is not included in.
Q04
Do we need to submit an auditing and attestation of a financial report at closeout step?
A04
The subsidy recipient needs to provide an auditing and attestation of a financial report by a certified public accountant (CPA) or chartered accountant (CA) when claiming the balance of subsidy.
Q05
Can an internal employee of the company serve as a consultant for the Taipei City Industrial Development Incentive Subsidy Program application?
A05
No, consultants must be outsourced manpower.
Q06
How is an enterprise that has been in operation for at least one year defined according to the Taipei City Small and Medium Enterprise Loan Program regulation Third?
A06
An enterprise is considered to have been in operation for at least one year if it has issued its first invoice or has been continuously paying business tax for one year prior to the application date for the loan.
Q07
Is there a minimum capital restriction for establishing a company in Taiwan?
A07
No, there is no minimum capital requirement for setting up a company in Taiwan. However, if you wish to apply for a work permit as a foreign manager, the company's paid-in capital or operational funds in Taiwan must be at least 500,000 NT dollars or more.
Q08
Are foreign subsidiaries qualify to apply for SITI?
A08
NO, foreign subsidiaries are not qualify for application, but foreign branches are qualify to apply for R&D Subsidy, Branding Subsidy, Incubation Subsidy and Investment incentives.
Q09
What is the maximum length of time for a work permit that may be applied for a foreigner hired to work in Taiwan? Is there a maximum number of applications?
A09
The maximum length of time for each work permit is 3 years for a foreign professional, which may be extended by application at the end of the employment; there is no limit to the number of extensions.
Q10
Can a foreigner set up a joint venture with a Taiwanese or a person of a different nationality?
A10
Yes. However, the shareholding structure of the company includes foreign investment and therefore needs to be approved by the Investment Commission(MOEA).
