COUNTRY GUIDE » TAIWAN
Easily navigate Taiwan’s distinct business environment with
Innovare’s all-inclusive EOR solutions. From detailed
immigration assistance to smooth payroll management.
Brief Overview
Innovare empowers seamless business expansion into Taiwan’s thriving technological and industrial hub. Our comprehensive EOR services leverage our deep expertise and unwavering commitment to compliance, ensuring a smooth adaptation for your venture within the local business landscape.
Expert navigation through Taiwan’s dynamic economy, a leader in high-tech industries.
Streamlined processes for foreign worker employment and payroll management.
Unwavering dedication to adhering to local regulations and labour laws.
Specialised support for both expats and local hires in Taiwan.
Local Expertise
Taiwan law mandates employers to provide a written employment contract outlining key employment terms to new hires within 30 days of their start date. This contract fosters transparency by clearly detailing job duties, work schedules, compensation, and leave entitlements, establishing a strong foundation for the employment relationship.
Taiwanese law mandates monthly salary payments by the 15th of the following month. The standard workweek is 40 hours, with overtime (maximum 36 hours a month) pay mandatory for exceeding these hours.
Taiwan operates a progressive tax system, meaning tax rates increase as income rises. Here’s a breakdown of the general tax structure for reference:
Taiwanese labor laws grant employees various leave entitlements to promote work-life balance and employee well-being. Here’s an overview of some key leave provisions:
Termination procedures in Taiwan require adherence to authorised cause prescribed under labor law with specific notice periods or severance pay in lieu of notice. Here’s a general overview of the termination process:
Taiwan boasts a thriving technology sector, renowned for its world-class semiconductor manufacturing and a highly skilled tech workforce. This dynamic environment creates exciting opportunities for businesses in electronics, IT, and telecommunications.
Situated in East Asia, Taiwan serves as a key link in global supply chains and a gateway to the broader Asian market. This strategic location offers access to a vast consumer base, making it an attractive location for regional expansion.
The Taiwanese government actively promotes foreign investmentthrough business-friendly policies and incentives, including tax breaks andstreamlined regulations. This supportive environment fosters a stable andpredictable landscape for companies looking to establish a presence in Taiwan.
Global Reach
Assignment details with job location, job title and description, industry, monthly salary, contract duration and candidate’s information. Candidate’s information should include nationality, educational level, Updated CV and brief job description. Innovare will then provide free assessment and advice based on the Customer’s information.
No, we do not offer incorporation services in Taiwan but we can refer experts who provides such service to interested Customers.
After initial assessment, the Customer to confirm on the eligibility of the candidate and sign contract with Innovare. Innovare will then proceed for onboarding preparation depending on the nationality or current visa status of the candidate. Work permit application rules and regulations shall abide to the country’s Department of Immigration. Innovare will provide guidance.
Unfortunately, we do not have the capability to support this kind of service at the moment but we can send leads on options for the Customer to explore.
Innovare will provide free initial assessment for the Customer on candidate’s eligibility for Work Permit. Default location is Taipei. The required documents for applying Work Permit from the candidate include:
The necessary requirements are as follows:
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Social Security Management
Social securities contributions fund various social welfare programs, providing a safety net for employees. Here’s a breakdown of the key points: