Q01
What is the "Registered Address" refer?
A01
Registered Address is the company's base and commercial legal relationship, not the place of business premises.
Q02
Does the employee’s labor insurance have to be insured under the company when applying for SITI?
A02
Yes.
Q03
Can foreigners set up solely foreign-owned enterprises in Taiwan?
A03
Yes. In addition to sole proprietorships, foreigners are also able to operate joint ventures with people from different countries or with Taiwanese.
Q04
[Subsidies & Incentives for Taipei Industry] Can the host of the subsidy program be included in the personnel expenses?
A04
Yes, labor insurance or employment insurance materials must be attached.
Q05
How do I set up a social group (association)?
A05
You can ask the Department of Social Welfare, Taipei City Government.(https://english.dosw.gov.taipei/)
Q06
Can I apply for an entrepreneur visa in the name of a team?
A06
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.
Q08
Dose the funding of the incentives & subsidies program include the cost of entrusting an accountant to handle the company's accounts?
A08
No, please refer to the principles and verification criteria of accounting for each project.
Q09
Is there a minimum capital restriction for establishing a company?
A09
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.
Q10
What is the application period for "Startup subsidy", "R&D subsidy" and "Branding subsidy" ?
A10
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.
