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Image by Remi Yuan

Taiwan

is where our main talent pool is located.

WHY TAIWAN?

Taiwan is currently serving as the majority of the global tech giants' largest software and hardware research and development base outside of the United States. Companies like Microsoft, Google, and IBM are constantly expressing their faith in Taiwan's strong integration of hardware and software systems and its diversified talent pool. 

6.65% - Labor Insurance

6.00% - Pension Fund

Total Employment Cost=

12.65% + health insurance premium

Payroll Taxes: 

5.1% -Pension

1.9% -Labor Insurance

4.69% -Health Insurance

Income Taxes:

5.00% - Up to 540,000

12.00% - 540,000 - 1,210,000

20.00% - 1,210,000 - 2,420,000

30.00% - 2,420,000 - 4,530,000

40.00%  - 4,530,000 - 10,310,000

45.00% - Over 10,310,000

8 hours per day, 40 hours per week. It is mandatory to have 2 days off every week. 

 

Overtime is paid to employees working on flexible days.  

EMPLOYER

PAYROLL TAXES

Capital: Taipei

Currency: New Taiwan Dollar

VAT - standard rate: 5%

EMPLOYEE TAXES

OVERVIEW

WORKING HOURS

Payday is typically on the 15th of every month; 13th salary is not required by law.

Public holidays of 12 days and annual leave is based on the years an employee has worked for the employee it starts from 3 days (6 months of service) 7 days (1-2 years of service) to a maximum annual leave of 30 days.  

Both parties are required to provide valid reasoning for termination as well as a notice period of 10 days, 20 days or 30 days.

NT$24,000 monthly/

NT$160 hourly.

TERMINATION

LEAVE

MINIMUM WAGES

PAYROLL

GROW YOUR REMOTE TEAM WITH TALENTX

Employing in Taiwan requires employers to own a legal entity in Taiwan. Through our Employer of Record solution, your team will be employed by our local legal entity in Taiwan, and TalentX takes care of payroll, tax, compliance, corporate legal advice and draftings. You can focus on scaling and your employees can give their all for your challenging products. 

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