Q01
Can foreigners register a business in Taiwan? How to apply?
A01
Yes, please refer to the Statute for Investment by Foreign Nationals and attach the approval documents issued by the Investment Board, Ministry of Economic Affairs.
Q02
Is there an age limit to apply for a Startups subsidy?
A02
No, there is no age limit. All company registered in Taipei City and within one year can apply for it.
Q03
What is the "Registered Address" refer?
A03
Registered Address is the company's base and commercial legal relationship, not the place of business premises.
Q04
Does the employee’s labor insurance have to be insured under the company when applying for SITI?
A04
Yes.
Q05
Can foreigners set up solely foreign-owned enterprises in Taiwan?
A05
Yes. In addition to sole proprietorships, foreigners are also able to operate joint ventures with people from different countries or with Taiwanese.
Q06
[Subsidies & Incentives for Taipei Industry] Can the host of the subsidy program be included in the personnel expenses?
A06
Yes, labor insurance or employment insurance materials must be attached.
Q07
How do I set up a social group (association)?
A07
You can ask the Department of Social Welfare, Taipei City Government.(https://english.dosw.gov.taipei/)
Q08
Can I apply for an entrepreneur visa in the name of a team?
A08
Yes. Entrepreneur visas can be applied for in the name of an individual or in the name of a team. The number of people applying in the name of a team is limited to 3 people.
Q10
Dose the funding of the incentives & subsidies program include the cost of entrusting an accountant to handle the company's accounts?
A10
No, please refer to the principles and verification criteria of accounting for each project.
