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EOR Partners in Taiwan
Employ in Taiwan
Taiwan is a fast-growing economy and a leader in the technology and manufacturing sectors. Its strategic location in East Asia, along with its well-established infrastructure and skilled workforce, makes it an ideal destination for global expansion. Taiwan’s pro-business environment and government incentives have attracted numerous international companies to set up operations.
About the Country of Taiwan
Taiwan is a key player in the global supply chain, especially in electronics, semiconductors, and information technology. It has a highly skilled labor force, particularly in science and engineering, making it a great location for businesses in high-tech industries. Taiwan’s economic stability and sound legal framework create a conducive environment for businesses to thrive, and it provides easy access to other major Asian markets.
23.42 Million
Population
New Taiwan dollar(NTD)
Currency
791.61 Billion
Global Domestic Product
Why Choose Taiwan For Global Expansion?
Taiwan offers a robust business environment characterized by political stability, a strong legal system, and transparency. The government actively encourages foreign investment and offers a variety of incentives, particularly in high-tech industries. Taiwan’s advanced infrastructure, including top-tier transport and communication networks, combined with its skilled workforce, makes it an attractive choice for businesses looking to expand in Asia.
Employment Landscape
The employment landscape in Taiwan is highly developed, with a focus on technology, manufacturing, and services. The workforce is well-educated, and English is commonly spoken, particularly in business settings. Taiwan’s labor laws are comprehensive, providing employees with strong protections related to working conditions, pay, and benefits. The country also has low unemployment and high labor force participation rates.
Our Services in Taiwan
We provide end-to-end support for businesses looking to expand into Taiwan, including payroll management, employment contracts, and ensuring compliance with local labor laws. We assist with work permits and visas for foreign employees and manage all aspects of employee onboarding and offboarding. Our team helps with local benefits administration, including health insurance and pension contributions, allowing you to focus on growing your business.
Employment Benefits in Taiwan
Employers in Taiwan are required to provide benefits such as health insurance and pension contributions under the National Health Insurance (NHI) and Labor Insurance systems. Companies also typically offer additional perks, including performance bonuses, annual bonuses, and flexible working arrangements, making Taiwan an attractive destination for top talent.
Annual Leave
In Taiwan, employees are entitled to paid annual leave based on their length of service. Employees who have worked for less than one year receive no statutory paid leave, while those who have been employed for one to two years receive 7 days. Employees with 10 years of service or more are entitled to 30 days of paid leave.
Sick Leave
Employees are entitled to up to 30 days of sick leave per year, which can be used for illness or injury. The employer must cover 50% of the employee’s salary during this period, while the government provides additional benefits through the Labor Insurance system.
Additional Benefits
In addition to statutory benefits, many employers in Taiwan offer additional benefits such as meal allowances, transportation subsidies, health check-ups, and professional development opportunities. Performance bonuses and annual bonuses are common, particularly in the manufacturing and technology sectors.
Work Hours and Breaks
The standard workweek in Taiwan is 40 hours, typically split into five 8-hour days. Employees are entitled to one day off per week and must receive overtime pay if they work beyond the regular hours. Taiwan’s labor laws also ensure adequate rest periods, including at least a 30-minute break for every four hours worked.
Salary Tax Table
| Taxable Base | Tax Liability | Excess of Taxable Base | Tax Rate |
|---|---|---|---|
| 0 - 540,000 | 0 | 0 | 5% |
| 540,001 - 1,210,000 | 27,000 | Amount over 540,000 | 12% |
| 1,210,001 - 2,420,000 | 111,600 | Amount over 1,210,000 | 20% |
| 2,420,001 - 4,530,000 | 363,600 | Amount over 2,420,000 | 30% |
| 4,530,001 and above | 906,600 | Amount over 4,530,000 | 40% |
*All figures based on local currency
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