Setting Up a Company in Taiwan
In July 2024, Xirilaw presented a two-part talk for foreign entrepreneurs in Taiwan. Our goal was to clarify the different types of companies in Taiwan and guide them through the...
Navigating Employment Law in Taiwan: A Practical Checklist for Foreign Entrepreneurs (2023)
This checklist covers key aspects such as working hours, wages, and social securities. By familiarizing yourself with these critical elements, you can fortify your position and mitigate potential legal challenges....
Legal Relationships between Startups and Talents: Three Common Types of Labor Service Contracts
Characteristics of Employment Agreement, Mandate Agreement and Independent Contractor-ship...
PRIMER FOR STARTUPS: HOW TO ENTER INTO PROPER DOCUMENTATION WITH EMPLOYEES
During the initial startup stage, through emails or verbal communication, employers often agree to mundane matters such as working hours, vacations, salaries, stock options, etc. However, employers may not sign...
PRIMER FOR STARTUPS: DO’S AND DONT’S WHEN RECRUITING EMPLOYEES IN TAIWAN
Despite offering more lively and flexible working arrangements, it is not uncommon for startups to inadvertently violate laws and be fined by labor authorities if they do not pay attention...
Foreign Startups in Taiwan: 3 Options for Foreign Corporate Entities to Set Up Companies in Taiwan
In practice, some startups may have already established corporate entities in other countries, such as the U.S., Singapore, Israel, the Cayman Islands, etc. It is important for startups to consider...
Foreign Startups in Taiwan: 3 Most Common Types of Companies in Taiwan
Once you understand the process of setting up a company, the next step is to decide which type of company you want to set up. Below we will compare the...
Foreign Startups in Taiwan: 3 Key Questions You Need to Consider in Advance
In recent years, the Taiwanese government has introduced policies (such as the Entrepreneur Visa and the Employment Gold Card) that aim to increase incentives for foreigners to come to Taiwan to...
Individual Tax Deductions for Investing in Taiwan Startups Part 2
Aside from the tax reduction on the investment amount, one can also enjoy tax reduction on "profits gained from the transaction" under the Income Basic Tax Act of Taiwan....
Individual Tax Deductions for Investing in Taiwan Startups
According to Article 23-2 of Statute for Industrial Innovation, an individual is qualified for the tax reduction if certain conditions are met. This article provides an overview of this Statute...