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What are the necessary documents to apply for incentives & subsidies according to the Self-Governance Ordinance?
According to Article IV & V of the Self-Governance Ordinance to Promote Industrial Development, Taipei City Government:
- Application form
- Investment plan
- Relevant documents to prove a newly established company or business or capital increase.
- Receipt for purchasing facilities or technologies, or relevant certifying documents.
- The relevant financial reports for the past three years certified by a certified public accountant, the actual year will be calculated if less than three years. However, small & medium sized enterprises may use the financial reports organized by the account data set in accordance with the tax bureau.
- Copy of the latest profit-seeking enterprise annual income tax return form and the annual tax returns form; the profit-seeking enterprise annual income tax return form is not required for newly established companies with a period of less than one year.
- Documents certifying no unpaid taxes.
- The documents to certify the items for the application.
- Other documents stipulated by the Department of Economic Development.
Applicants for research and development subsidies according to Article X of the Self-Governance Ordinance to Promote Industrial Development need to prepare the following documents for the application to the Department of Economic Development:
- Application form.
- Research and development plan.
- Relevant documents of the company or business registration and alteration.
- Copy of the latest profit-seeking enterprise annual income tax return form and business tax return form; the profit-seeking enterprise annual income tax return form is not required for newly established companies with a period of less than one year.
- Documents certifying no unpaid taxes.
- Relevant certifying documents of labor insurance for the employees.
- Other documents stipulated by the Department of Economic Development.
When could the company start to apply the startup subsidy?
The application detail, information, and application form of startup subsidy will be announced by Department of Industrial Development, Taipei City Government and will start to accept applications from October, 2013. Other information could check on https://www.doed.gov.taipei/ and https://www.industry-incentive.taipei/ Applicants can receive News or information by subscribing the e-News on project website or searching “Project of subsidies & incentive For Taipei Industrial” on-line. If have any question, please call 1999 ext.6625, 1428
Can a project which has already obtained incentives or subsidies from other government entity (for instance, the Central Government), be applicable to apply for the incentives or subsidies of the Self-Governance Ordinance?
No. In the event that a same incentive or a same item of subsidy has been granted by another government entity, the investor shall not be allowed to apply for incentive or subsidy in accordance with the Self-Governance Ordinance.
Whether are there any restrictions on the industries eligible to apply for subsidies under the Self-Governance Ordinance for the innovative research and development fund? What is the maximum amount of subsidy?
In order to encourage industries to innovate, research and develop, there are no restrictions on the industries investors can apply for subsidies for from the research and development fund. The required budget for investors carrying out technological development or innovative service research and development plan may be subsidized through application. The subsidy is limited to once per each project, with the total amount not exceeding 50% of the overall budget of the project, which is NT$3 million at maximum.
What is the maximum amount for applying to the City Government for help to obtain low-interest mortgage or to coordinate with a financial institution(s) for financing with the Self-Governance Ordinance?
Taipei City Government may consider offering subsidy for the interest for 2 years when the annual interest rate is up to 2.5%. Each investment project is limited to one application, with the maximum total amount at NT$50 million.
What is the maximum subsidy amount for house tax and land value tax under the Self-Governance Ordinance?
For assets located within Taipei City which are purchased or newly constructed for the direct use of the investment project, one may apply to Taipei City Government for subsidy on the annual house tax and land value tax, with full subsidy amount for the previous two years, and 50% subsidy for the 3 years afterwards. Each investment project is limited to one application, with the maximum total amount at NT$50 million.
What is the maximum subsidy amount for career training programs under the Self-Governance Ordinance?
The maximum subsidy for labor career training is NT$800 thousand; however, the career training subsidy may be increased to a maximum of NT$1 million for enterprises with the recommendation of Taipei City public career institutes, and enterprises that have increased the employment of middle-aged unemployed workers to a total of 1% of that of the original employees.
Whether is there any restriction on the capital amount for small & medium enterprises applying for the incentives & subsidies of the Self-Governance Ordinance?
Eligible are Small & medium enterprises established in Taipei City, with new investment or capital increase for expansion of NT$1 million and above directly related to facilities or technologies for innovation, improving management and services, or the investment project is deemed to be innovative, characteristic or has the potential for development, and there is no restriction to the amount of capital.
What are the criteria for applying for the incentives & subsidies of the Self-Governance Ordinance?
The eligibility of investors is determined in accordance with the scale of the enterprise and the nature of the investment plan, and if they conform to one of the following criteria:
- Incentive application is applicable for new investment or capital increase for expansion of a small and medium sized enterprise conforming to one of the following items:
- With an investment of NT$1 million and above directly related to facilities or technologies for innovation, improving management and services.
- Investment project deemed to be innovative, characteristic or has the potential for development after the review and evaluation.
- Incentive application is applicable when the actual capital is NT$80 million and above for companies with new investment or capital increase, and must invest in the management of one of the following industries:
- Recreation & tourism industry
- Biotechnology industry
- Information service industry
- Telecommunications industry
- Cultural creative industry
- Medical care industry
- Sport & leisure industry
- Conference & exhibition industries
- Renewable energy industry
- Other industries promoted and counseled by city government
Are we eligible if we conform to the industries mentioned in Article V of the Self-Governance Ordinance, but the actual capital is less than NT$80 million?
Those companies which are in the industries as set forth in Article V of the Self-Governance Ordinance, and conforms as small & medium enterprises whose capital below NT80millions, are allowed to apply for relevant incentives & subsidies according to Article IV of the Self-Governance Ordinance.
Are foreign investors allowed to apply for relevant incentives & subsidies according to the Self-Governance Ordinance?
Foreign investors are eligible to apply as long as they obtain permission for investment from the Ministry of Economic Affairs in accordance to the Foreign Investment Regulation, and are companies, sole-proprietor or partnership companies registered in Taipei City, and there is no restriction to the industries.
Is a private person eligible to apply for incentives & subsidies of the Self-Governance Ordinance?
A private person may not apply for incentives & subsidies according to the Self-Governance Ordinance. An individual must complete the registration in Taipei City according to the Company Law or Business Registration Law in order to qualify for the application according to the Self-Governance Ordinance.
Which targets is suitable for The Self-Governance Ordinance? Is the application applicable for small & medium sized enterprises or companies registered in other cities/counties?
This Ordinance is applicable for companies, sole-proprietors or partnerships registered in Taipei City in accordance with the law, and there are no restrictions to the industries. Small & medium sized enterprises or companies registered in other cities or counties may not apply in accordance with this Ordinance.
What are the qualification, deadline, and subsidy of the Startup subsidy?
Qualification: According to the Article 10 section 2 of Taipei Municipal Self-Government Ordinance for Industrial Development, applicants could apply for the startup subsidy while meet the following conditions:
Company or foreign company are registered in Taipei City The startup plan should be innovative, creative or potential The startup plan is not subsidized by other government unit Application deadline: From the next day of registration to the following year is the application period Subsidy: The subsidy will not be over 50% of project expenditure and 1 million NTD will be the highest subsidy.
Where could we find the service of “Startup Subsidy”
There is a Project Office in Department of Industrial Development could provide service, consulting, and information for free and could help the company to apply this subsidy.
Tel: Caller inside Taipei City 1999 (Caller outside Taipei City 02-27208889 ext. 6498, 1431)
E-mail: teso@mail.taipei.gov.tw
Address: 1F, North Wing. No.1, City Hall Rd., Taipei City
Could individual apply startup subsidy? Is there any age restriction?
Applicant should follow the regulation of the Article 10 section 2 of Taipei Municipal Self-Government Ordinance for Industrial Development and it means that only the company registers in Taipei City could apply Startup Subsidy and individual couldn’t. Therefore, please complete the registration to fulfill the qualification. Moreover, there is no restriction about age.