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Taiwan

Region	Asia
Currency	TWD
Employer statutory contribution rate	19.8% (capped at TWD 549,600/yr)
Minimum wage	NT$29,500/month (2026 statutory minimum); no separate national hourly minimum for salaried staff
Statutory notice period	10 days (3mo-1yr tenure), 20 days (1-3yrs), 30 days (3yrs+), per Labor Standards Act
Severance rules	No separate statutory severance under the New Labor Pension System (the 6% monthly employer pension contribution serves this purpose); ~1 month salary per year of service applies only under the Old System for employees hired before 2005 who opted to stay on it

Data confidence: Employer rate (19.8%) is a composite of Labor Insurance (~8.05%, capped at NT$45,800/month insured wage), National Health Insurance (~4.84% incl. average dependents, separate higher wage bracket), Labor Pension (6%, own wage bracket ceiling), Employment Insurance (~0.7%), and Occupational Accident Insurance (~0.2% avg, industry-rated). These use different wage caps/brackets that cannot be collapsed into one accurate number - the rateCapAnnual shown here reflects only the Labor Insurance cap (NT$45,800 x 12), the most binding one for typical salaries. Treat this as a directional estimate.. Figures are estimates only — not legal, tax, or financial advice. Last reviewed 7/9/2026.

Asia