Project office of Subsidies & Incentive for Taipei Industry1Date: May, 14th , 2013
Project office of Subsidies & Incentive for Taipei Industry2Outline• Introduction• Requirements for Incentives Subsidies.•...
Project office of Subsidies & Incentive for Taipei Industry3I. IntroductionCompetentAuthorityDepartment of Economic Develo...
Project office of Subsidies & Incentive for Taipei Industry4II. Incentives SubsidiesQualification1. Small and medium Enter...
Project office of Subsidies & Incentive for Taipei Industry5II. Incentives SubsidiesStrategy Development Industry1.Recreat...
Project office of Subsidies & Incentive for Taipei Industry6II. Incentives SubsidiesItems1. Job Training Programs4. Rental...
Project office of Subsidies & Incentive for Taipei Industry7Job Training Program(1/6)RequirementThe courses must be starte...
Project office of Subsidies & Incentive for Taipei Industry8New Hired Employee’s Payroll (2/6)RequirementEmployees who reg...
Project office of Subsidies & Incentive for Taipei Industry9Annual Housing Tax andLand-value Tax (3/6)RequirementThe real ...
Project office of Subsidies & Incentive for Taipei Industry10The Rental Subsidy ForProviding For The AssetsLocated Within ...
Project office of Subsidies & Incentive for Taipei Industry11Interest Payments Subsidy(5/6)RequirementLoan must used for i...
Project office of Subsidies & Incentive for Taipei Industry12City-owned Real EstateSubsidy(6/6)RequirementDirectly used by...
Project office of Subsidies & Incentive for Taipei IndustryII. Incentives Subsidies13Items Required documentsJob training ...
Project office of Subsidies & Incentive for Taipei Industry14III. R&D SubsidiesObjective The City Government offers subsid...
Project office of Subsidies & Incentive for Taipei Industry15III. R&D SubsidiesR & D QualificationTechnologyDevelopment1. ...
Project office of Subsidies & Incentive for Taipei Industry16III. R&D SubsidiesRequired Documents1. Application form2. R&D...
Project office of Subsidies & Incentive for Taipei Industry17IV. Application Process2 month forarrangemeetingschedule1 mon...
Project office of Subsidies & Incentive for Taipei Industry18IV. TipsFollowing items are considered in Committees’ review...
Project office of Subsidies & Incentive for Taipei Industry19More details can be found on The Taipei City Department ofEco...
Project office of Subsidies & Incentive for Taipei Industry20
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Taipei municipal self government ordinance for industrial development conference - subsidies & incentives for taipei

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Taipei municipal self government ordinance for industrial development conference - subsidies & incentives for taipei

  1. 1. Project office of Subsidies & Incentive for Taipei Industry1Date: May, 14th , 2013
  2. 2. Project office of Subsidies & Incentive for Taipei Industry2Outline• Introduction• Requirements for Incentives Subsidies.• Requirements for R&D Subsidies.• Process & Tips
  3. 3. Project office of Subsidies & Incentive for Taipei Industry3I. IntroductionCompetentAuthorityDepartment of Economic Development,Taipei City GovernmentObjective To boost industrial development,encourage innovation and investment,support small and medium enterprises, andenhance industrial competitiveness.Website www.doed.taipei.gov.twwww.industry-incentive.taipei.gov.tw
  4. 4. Project office of Subsidies & Incentive for Taipei Industry4II. Incentives SubsidiesQualification1. Small and medium EnterpriseNT$1 million investment or above in one year2. Non SME Enterprise(Strategy Development Industry)Capital increase for more than NT 80 millions3. New StartupsWithin one yearCompany registered in Taipei City
  5. 5. Project office of Subsidies & Incentive for Taipei Industry5II. Incentives SubsidiesStrategy Development Industry1.Recreation andTourism2.Biotechnology3.Information Services4.Telecommunications5.Cultural Creative6.Health Care7.Sports and Leisure8.Convention andExhibition9.Renewable Energy10.Other industriespromoted andsupported by the CityGovernment.
  6. 6. Project office of Subsidies & Incentive for Taipei Industry6II. Incentives SubsidiesItems1. Job Training Programs4. Rental Subsidy forproviding for the assetslocated within the city2. New hired employee’spayroll5. Interest payments subsidy3. Annual housing tax andland-value tax6. City-owned real estatesubsidyApply for all the items you need in one investment project !
  7. 7. Project office of Subsidies & Incentive for Taipei Industry7Job Training Program(1/6)RequirementThe courses must be started after application.Content of courses must be professional andrelated to the investment project.LimitationUp to 50% of the course fee subsidy, totalamount shall not exceed NT 800 thousanddollars
  8. 8. Project office of Subsidies & Incentive for Taipei Industry8New Hired Employee’s Payroll (2/6)RequirementEmployees who registered in TaipeiMust be hired after the investment andOctober, 17th ,2012LimitationNT 10,000/per person/per month ,total amount shall not exceed NT 5 million.DurationUp to 1 year
  9. 9. Project office of Subsidies & Incentive for Taipei Industry9Annual Housing Tax andLand-value Tax (3/6)RequirementThe real estate must be purchased orconstructed for investment project related tocompany operation.LimitationTax subsidy in the first two years up to 100%and 50% in the last three years, total amountshall not exceed NT 50 million.DurationUp to 5 years
  10. 10. Project office of Subsidies & Incentive for Taipei Industry10The Rental Subsidy ForProviding For The AssetsLocated Within The City (4/6)RequirementRental contract must be signed after theinvestment and October, 17th ,2012LimitationUp to 50% of the rental cost, , total amountshall not exceed NT 5 million.DurationUp to 5 years
  11. 11. Project office of Subsidies & Incentive for Taipei Industry11Interest Payments Subsidy(5/6)RequirementLoan must used for investment project relatedto company operationLimitationUp to 2.5% of the annual interest subsidy, totalamount shall not exceed NT 50 million.DurationUp to 2 years
  12. 12. Project office of Subsidies & Incentive for Taipei Industry12City-owned Real EstateSubsidy(6/6)RequirementDirectly used by Massive Investment project inTaipei CityLimitationRental cost is exempted during constructionand up to 50% after license received.DurationUp to 5 years
  13. 13. Project office of Subsidies & Incentive for Taipei IndustryII. Incentives Subsidies13Items Required documentsJob training programs 1. The anticipated terms, amount of peopleand coast.New hired employee’spayroll1. Labor Insurance or employment contract2. Identity card for labors who registered inTaipeiAnnual housing tax andland-value tax1. Muniments2. Paid housing tax receipt3. Paid land-value tax receipt4. License of buildings used for the public (orConstruction license)Rental subsidy 1. Provide real estate registration2. Approved lease contractInterest payments 1. Bank loan contract.City-owned real estate 1. Using city-owned real estatedocument(lease contract or contract ofsuperficies)
  14. 14. Project office of Subsidies & Incentive for Taipei Industry14III. R&D SubsidiesObjective The City Government offers subsidies toinvestors to encourage industrialinnovation and research & development.Limitation The subsidy shall be limited to one perproject, the total amount not to exceed50% of the overall project budget, up toNT$3 million.
  15. 15. Project office of Subsidies & Incentive for Taipei Industry15III. R&D SubsidiesR & D QualificationTechnologyDevelopment1. Information Communication2. Consumers goods and chemical industries3. Medical biotechnology4. Metal machinery5. Digital content, culture and creativityInnovationService1. Develop new business model / process model torenew operation service or process2. IT model with service integration, digital usage andtechnology3. Integration of beauty, practically, requirement ofusage to develop scientific, specific or internationalservice modelDuration 1. 6 months till one day before the execution of theproject.2. R&D project shall not exceed 18 months
  16. 16. Project office of Subsidies & Incentive for Taipei Industry16III. R&D SubsidiesRequired Documents1. Application form2. R&D proposal3. Relevant documents certifying the company’s registration,business registration, or change.4. Profit-seeking enterprise annual income tax return formand business tax return form;(For companies establishedless than one year, those documents are not required.)5. Documents certify no overdue of national taxes, localtaxes and fines6. Labor insurance coverage of the employees listed in theapplication
  17. 17. Project office of Subsidies & Incentive for Taipei Industry17IV. Application Process2 month forarrangemeetingschedule1 monthevaluation1 monthfor finalevaluationApplicantCollected by Department ofEconomic DevelopmentSent out the approval noticeReview the Investment projectApprove & Appropriate forincentivesApprove & Appropriate forincentivesThe Review & EvaluationCommittee to determine whetherto offer the incentive
  18. 18. Project office of Subsidies & Incentive for Taipei Industry18IV. TipsFollowing items are considered in Committees’ review!!1. Financial stability of the applicants2. Applicants’ future development3. Feasibility of applicants’ business or investment plan4. Creativity, character, or potential of the business plan5. Possible contributions to industrial6. Feasibility and reasonableness of the contents and subsidyitems appliedOne-stop service counter!1. Provide and answer legal questions consultation services2. Accept applications for incentives or R&D subsidies3. Help investors overcome obstacles to investment
  19. 19. Project office of Subsidies & Incentive for Taipei Industry19More details can be found on The Taipei City Department ofEconomic Development website:www.doed.taipei.gov.tw orProject Office of Subsidies & Incentives for Taipei Industry website:www.industry-incentive.taipei.gov.tw orcontact to Ms. Alice Tieh /e-mail: itria00137@itri.org.twContact The Project OfficeWelcome all the projects whichare innovative, potential, havinghigh investment value fordevelopment in Taipei.
  20. 20. Project office of Subsidies & Incentive for Taipei Industry20

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