Peter Lin answered frequently asked questions that Employment Gold card holders provided in advance. In this work shop (held by Taiwan Employment Gold Card Office), Peter covered three key subjects: start businesses, hire talents, and handle tax-related matters.

1. FREQUENTLY ASKED QUESTIONS –
EMPLOYMENT GOLD CARD HOLDERS
Peter Lin
Jan. 2021
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2. Start your
business
• Business registration
address?
• How long does it
take to start a
business
Hiring
talents
• I want to hire
Taiwanese talents!
• I want to hire other
foreign talents?
Miscellaneous
• tax rate and tax
filing
• Intellectual Property
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FAQ THAT XIRI IS GOING TO COVER TODAY
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3. START YOUR BUSINESS
Business Registration Address: No P.O. box. Could be
co-working spaces, incubators, business centers etc.
3
How long does it take to start a business? 2-3 months
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4. HIRING TALENTS
A company set up by gold card holders has nothing
different from a company set up by others. Therefore,
labor laws applies!
Hiring a Taiwanese talent has no special
requirements. PRC talents are NOT permitted to work
in Taiwan.
4
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5. HIRING TALENTS
Gold Card was born to remove
these obstacles:
1. capital requirement for
employers
2. criteria for employees
3. minimum monthly salary.
5
work
permit
visa for
work
ARC
Requirements
NT$5,000,000
Education or work experiences
Minimum salary applies
e.g. for a company incorporated
less than 1 year
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6. HIRING TALENTS
Hiring a Taiwanese talent has no special
requirements.
Hiring foreign professionals – Employment Gold Card
saved your day as an employee, it can save your day
again as an employer!
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7. HIRING FOREIGN NATIONALS – 2 OPTIONS
7
Hire a gold
card holder
Tax
benefit
8 areas &
6
professional
work
No profit or
capital
requirement
for the
employer
Science
&Technology
Economy
Education Culture & Art
Sports Finance
Laws Architectural
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8. HIRING FOREIGN NATIONALS – 2 OPTIONS
Your company
is an
enterprise
with
innovation
capacity
8
Minimum
monthly
salary of
NT$47,971
work
permit
visa for
work
ARC
Requirement
NT$5,000,000
Education or work experiences
Minimum salary applies
e.g. for a company incorporated
less than 1 year
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9. HIRING FOREIGN NATIONALS – 2 OPTIONS
Hire a gold
card holder
Your company
is an
enterprise
with
innovation
capacity
Tax
benefit
9
8 areas &
6
professional
work
No profit or
capital
requirement
for the
employer
Minimum
monthly
salary of
NT$47,971
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10. MISCELLANEOUS
Tax rate: generally speaking, VAT 5%, Profit-seeking
Enterprise Income Tax: 20%. Cross-border payment
and receipt of payment triggers withholding tax.
Other taxes and duties may apply.
10
Engage a CPA is highly recommended.
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11. MISCELLANEOUS
Intellectual Property:
• Copyright: enjoy copyright upon completion.
• Trademark: registration is required.
• Patent: application is required. (vs Trade secret).
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12. START YOUR BUSINESS; MISCELLANEOUS
Business Registration Address: No P.O. box
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How long does it take to start a business? 2-3 months
Tax filing and planning: Engage a CPA!
Copyright, Trademark, Patent and Trade secret. Audit
your IP inventory and plan how to protect them.
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13. HIRING FOREIGN NATIONALS
13
As an Employment Gold Card Holder, start your
business and hire yourself.
No special requirement for you to hire Taiwanese
talents.
Hire other expatriates: (1) find someone with gold
card; (2) make your company an enterprise with
innovation capacity.
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14. Thank you.
For more information about XIRILAW,
please scan the QR code.
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