Taiwan’s Business COVID Relief Programs
Taiwan’s Central Government has a number of COVID Relief Programs for businesses that both foreign and Taiwanese companies in Taiwan my be eligible for.
We have invited 11th fleet to provide more insight into the subsidies available and to answer your questions.
Some of the programs available:
Program 1: Deferral of payroll taxes for 6 months interest free
Eligibility: All companies (Taiwanese company or branch of a foreign company, no rep office)
Program 2: Subsidies/grants The relief funds are being managed by 4 agencies:
- Ministry of Education
- Ministry of Economic Affairs, Business Services
- Ministry of Economic Affairs, Technology Services
- Ministry of Economic Affairs, Events
Eligibility: Taiwanese company or branch of a foreign company, no rep office.
Deadline: Earlier of Aug 31, 2021 or until the funding runs out.
Example of subsidies/grants: a subsidy to the employer for each Taiwan national employee still on payroll, amount will vary depending on industry **By our estimates, it works out to a potential subsidy of NTD 40k per employee in the Business Services’ category, the largest category of the four industries targeted for aid.
Anyone with an ANZCham referral will get a 5% discount on 11th fleet service fees - please contact admin@anzcham.org.tw if you would like a refferal.