::: FAQ – Startup@Taipei

FAQs

Q01

What is the application period for "Startup subsidy", "R&D subsidy" and "Branding subsidy" ?

A01

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.

Q02

Do I need to attach the attendance record to verify the personnel expenses of the SITI?

A02

Yes. It must be accompanied by attendance record, proof of labor insurance and documents proving the amount of salary payment.

Q03

Must the registered place be the same as the place of business?

A03

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.

Q04

How do I know if my business location meets the company registration requirements?

A04

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/

Q06

Can the loan application be used to repay loans borrowed from other financial institutions?

A06

The purpose of this loan is limited to the purchase of factory buildings, business premises, machinery, equipment or operating turnover funds, etc., and cannot be used to repay loans borrowed from other financial institutions.

Q07

What is the time limit for applying for a loan from the bank after the SME financing loan is approved and the approval notice is issued?

A07

Applicants should apply for loan guarantee with the lending financial institution-Taipei Fubon Bank within three months from the day after the delivery of the approval notice. If the approval is not processed within the time limit, the approval notice will lose its validity and the applicant may apply to the Bureau of Industry and Commerce Reapply.

Q08

How to repay the loan after the application for SME financing is approved?

A08

Those who have been reviewed and approved by the review team must provide the same number of repayment notes from the borrower, business or guarantor according to the approved amortization period (if 60 periods are approved, please prepare 60 checks). If there is a check issue, Taipei Fubon Bank has dedicated staff to assist in handling.

Q09

How to enter Taipei, the front of the station and the Longshan Temple Underground Street to operate the store?

A09

Taipei, Zhanqian, and Longshan Temple Underground Street shops (B1 shopping malls) are leased for use by companies or businesses made up of resettlement households. Individual applications for leased shops are not accepted. If necessary, counters can be set up to operate. Interested parties are welcome to call the following units:
1. Taipei Underground Street: Guarantee responsibility The Taipei Underground Street venue uses cooperatives. Tel: (02) 2559-4566 ext. 504.
2. Underground street in front of the station: guarantee the responsibility of using the cooperative in the underground street in front of the station in Taipei City. Tel: (02) 2375-1567 ext. 20.
3. Longshan Temple Underground Street: Administrative Center of Longshan Temple Underground Shopping Center, Tel: (02) 2306-5988 ext. 21.

Q10

What should I do if I am unable to pay off or fail to repay on time due to business operations?

A10

In the event of the above, it is recommended that the undertaking financial institution should be proactively notified to facilitate subsequent assistance in handling the repayment method.