Taiwan
Make employment in Taiwan easy. Let us handle payroll, benefits, taxes, compliance, and even stock options for your team in Taiwan, all in one easy-to-use platform.
- Capital city
Taipei
- Currency
New Taiwan dollar (NT$, TWD)
- Languages
Mandarin Chinese
- Population size
23,568,378
- Remote-Owned Local Entity
Facts & Stats
- Capital city
Taipei
- Currency
New Taiwan dollar (NT$, TWD)
- Languages
Mandarin Chinese
- Population size
23,568,378
- Ease of doing business
Very easy
- Cost of living index
65.35 (2022)
- Payroll frequency
Monthly
- VAT - standard rate
5%
- GDP - real growth rate
3.11%
Grow your team in Taiwan with Remote
Looking to employ workers in Taiwan? Companies hiring in Taiwan must either own a legal entity in the country or work with a global employment solutions provider, usually one that provides employer of record services.
Remote can employ your team in Taiwan on your behalf through our local legal entity in the country and handle payroll, benefits, taxes, and compliance for your Taiwan team. You can also pay contractors now in Taiwan with Remote in some currencies (talk to an expert now for full details).
Risks of misclassification
Taiwan, like many other countries, treats self-employed individuals or contractors and full-time employees differently. Misclassification of contractors in Taiwan may lead to fines and penalties for the offending company.
Employing in Taiwan
The Taiwanese Labor Standards Act is the principal regulation that spells out provisions for employment relationships and workers’ rights which are applicable to Taiwan’s workforce of 11.5 million.
Employees in Taiwan enjoy protections against discrimination based on age, religion, sexual orientation, gender expression, and race.
Common questions that could come up during the hiring process include the minimum wage, overtime rates, and guaranteed paid time off. Remote can help you offer a complete, competitive, and compliant benefits package to your employees in Taiwan.
Onboarding Time
We can help you get a new employee started in Taiwan quickly. The minimum onboarding time we need is only 16 working days.
Our team ensures your employees are onboarded and paid as quickly as possible while keeping your business compliant with all local employment legislation. The minimum onboarding time begins after the employee submits all required information onto the Remote platform. The onboarding timeline is also dependent upon registration with local authorities.
For all non-nationals of the country of employment, the Right to Work assessment (if applicable) will add three extra days to the total time to onboard. There may be extra time required if we need to follow-up on the right to work assessment.
Please note, payroll cut-off dates can impact the actual first day of employment. Remote has a payroll cut-off date of the 10th of the month unless otherwise specified.
32 Public holidays
Competitive benefits package in Taiwan
At Remote, we’re obsessed with helping you craft the best possible employee experience for your team. We are leading the way in practicing “fair equity,” which means making sure employees everywhere have access to both the required and supplemental benefits they need to thrive (and that will allow you to attract the best local talent).
Our benefits packages in Taiwan are tailored to fulfill the local needs of your employees. Typically, our packages contain some or all of the following benefits:
Health Insurance
Dental Insurance
Vision Insurance
Mental Health Support
Pension or 401(K)
Life and Disability Insurance
Taxes in Taiwan
Learn how employment taxes and statutory fees affect your payroll and your employees’ paychecks in Taiwan.
10.5%
Labor Insurance
1%
Employment Insurance
6%
Pension Fund
5.17%
Health Insurance
0.20%
Accidental Insurance
0.025%
Overdue Wages
Types of Leave
In Taiwan, employees are entitled to annual paid vacation, depending on their tenure with an employer.
More than 6 six months but less than one year - 3 days
1 year but less than 2 years - 7 days
2 years but less than 3 years - 10 days
3 years but less than 5 years - 14 days
5 years but less than 10 years - 15 days
Over ten years - 1 additional day for each year of service up to a maximum of 30 days
Unused vacation days can be rolled over for two years, after which they’re monetized and paid to the employee.
Employment termination
Termination process
Employee contracts can be terminated if a just cause is established, with a notice period provided before the termination comes into effect.
Notice period
The Taiwanese Labor Standards Act defines mandatory notice periods employers must provide, depending on how long an employee has worked.
From three months to less than a year: 10 days’ notice
From one year to less than three years: 20 days’ notice
Three or more years of employment: 30 days’ notice
Severance pay
Employees who commenced working before the 2005 Labor Standards Act was enacted, are entitled to a severance package equivalent to a month’s pay for every of continuous service.
Employees who begun working after the enactment of the 2005 Labor Standards Act are entitled to half month’s wages for every year of continuous employment.
Probation periods
The length of the probation period can be agreed upon by the employer and the individual employee. It is widely practiced that a 3-6 months trial period is used.