Q02
Dose the funding of the incentives & subsidies program include the cost of entrusting an accountant to handle the company's accounts?
A02
No, please refer to the principles and verification criteria of accounting for each project.
Q03
Is there a minimum capital restriction for establishing a company?
A03
According to the company law, therer is not any minimum capital restriction for establishing a company. If the accountant verifies that the amount of capital is sufficient to cover the cost of establishment, anyone can establish a company.
Q04
What is the application period for "Startup subsidy", "R&D subsidy" and "Branding subsidy" ?
A04
Companies applying for "Startup subsidy" must be registered in Taipei within one year, while applying for "R&D subsidy" and "Branding subsidy" must be set up for more than one year.
Q05
Do I need to attach the attendance record to verify the personnel expenses of the SITI?
A05
Yes. It must be accompanied by attendance record, proof of labor insurance and documents proving the amount of salary payment.
Q06
Must the registered place be the same as the place of business?
A06
The place of registration of the company or bank number is the central area of commercial legal relations. For example, the settlement of debts, the jurisdiction of litigation, and the service of pleadings are based on the place of residence. There is no place for registration of business-related laws and regulations that is consistent with the actual place of business conduct It is stipulated that, if the business place is of a branch nature (there is an account for calculating surplus losses and financial accounting is independent), the branch registration must be performed in accordance with the law.
Q07
Due to the impact of Covid-19, what is the content of the Beijing Municipal Government's financing loan relief plan?
A07
1. From March 1st to August 31st, 2020, the loan interest rate will be reduced by 0.25%, and the municipal government will subsidize the interest by another 1%, and the total interest will be reduced by 1.25%.
2. The original borrower does not need to apply again, and the government will subsidize 1% of the interest fee during the period.
3. During this period, those who apply for a loan amount of less than 1.2 million can be exempted from filling in the business plan, quick loan approval, three-month principal grace period, and enjoy interest rate reduction (0.25%) and subsidized interest (1%) at the same time.
Q08
How do I know if my business location meets the company registration requirements?
A08
Since January 1, 2020, the Taipei City Government has established an online system. As long as you enter the address and business scope, you can apply to check whether it meets the requirements of company registration and construction management.
Website: http://www.businesslocationinfo.gov.taipei/BLBQS/
Q09
What are the circumstances of the applicant or the company that will not be able to apply for this loan?
A09
When the conditions for not approving the loan are met, the loan will not be approved.
Q10
If the SME financing loan is approved, which bank will approve the loan?
A10
Taipei Fubon Bank
