Click here for more Asia Links and Resources

FITA helps you find
service providers for:

Taiwan: Operating a Business

Setting Up a Company | Working Conditions | Cost of Labor | Social Partners

Setting Up a Company

Legal Business Entities

Types of Companies and Capital (Max/Min)	Number of Partners/Shareholders and Liability
Limited Company is a Private Limited Company. No minimum capital	No minimum Liability is limited to the amount contributed.
Company Limited by shares is a Public Limited Company. No minimum capital	At least 2 partners. Liability is limited to the amount contributed.
Unlimited Company is a General partnership No minimum capital	Minimum 2. Liability is unlimited
Limited partnership (SCS) No minimum capital	2 types of partners: active partners and sleeping partners. Liability is unlimited for active partners and limited for sleeping partners.

The Competent Organization: MOEA.

Setting Up a Company	Taiwan	East Asia & Pacific
Procedures (number)	6.0	7.8
Time (days)	15.0	39.0

Source: Doing Business.

Business Setup Procedures: Consult Doing Business Website, to know about procedures to start a Business in Taiwan.
Commerce Industrial Services Portal

Working Conditions

Legal Weekly Duration: 48 hours per week or 8 hours per day.
Retirement Age: 65 years or work for 30 years.
Working Contracts: It depends on the company. In general contracts offer little protection. The open ended contract does not exist.

Cost of Labor

Minimum Wage: 17280 NTD
Average Wage: Average monthly gross earnings in Taïwan is NTD 39,522 (USD 1,200) for women and NTD 49,705 (USD 1,500) for men.
Social contributions: Social Security Contributions Paid By Employers: 4.55%. More information on the website of the Bureau of national health insurance.
Social Security Contributions Paid By Employees: 4.55%. More information on the website of the Bureau of national health insurance.

Social Partners

Social Dialogue and Involvement of Social Partners: Unions have little power and strikes are rare.
Unions: Taïwan Confederation of Union Trade
Labor Regulation Bodies

Any Comments About This Content? Report It to Us.

Learn more about Operating a Business in Taiwan on Globaltrade.net, the Directory for International Trade Services.

© Export Entreprises SA, All Rights Reserved.
Last Updates: January 2012