Q01
Is there an age limit to apply for a Startups subsidy?
A01
No, there is no age limit. All company registered in Taipei City and within one year can apply for it.
Q02
What is the "Registered Address" refer?
A02
Registered Address is the company's base and commercial legal relationship, not the place of business premises.
Q03
Does the employee’s labor insurance have to be insured under the company when applying for SITI?
A03
Yes.
Q04
Can foreigners set up solely foreign-owned enterprises in Taiwan?
A04
Yes. In addition to sole proprietorships, foreigners are also able to operate joint ventures with people from different countries or with Taiwanese.
Q05
[Subsidies & Incentives for Taipei Industry] Can the host of the subsidy program be included in the personnel expenses?
A05
Yes, labor insurance or employment insurance materials must be attached.
Q06
How do I set up a social group (association)?
A06
You can ask the Department of Social Welfare, Taipei City Government.(https://english.dosw.gov.taipei/)
Q07
Can I apply for an entrepreneur visa in the name of a team?
A07
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.
Q09
Dose the funding of the incentives & subsidies program include the cost of entrusting an accountant to handle the company's accounts?
A09
No, please refer to the principles and verification criteria of accounting for each project.
Q10
Is there a minimum capital restriction for establishing a company?
A10
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.
