Our Expertise
Managing a global workforce in Taiwan
To effectively manage a workforce in Taiwan, it's crucial to comply with local employment regulations, including labour and health insurance contributions, as outlined in the Labour Standards Act. TopSource Worldwide provides vital support in this regard, offering tailored solutions that ensure legal compliance and streamlined employee management.
Extensive expertise
Our team of experienced, knowledgeable staff collectively provide up-to-date employment information across 180 countries, so you can always get accurate advice.
Entity-free employment
Feel free to hire employees from all over the world without being weighed down by setting up entities, running complex payroll or recruiting a hiring team.
Payroll without hassle
Have the confidence that your staff will always be paid accurately and on time, so that you can focus on your core business activities and work towards your success.
Always-on support
Access helpful, relevant, personalised advice whenever you need it, along with expert-led recruitment policies and tried-and-tested HR best practices.
"With TopSource we were able to have employees hired or maintained in Nutreco without having to establish an entity in these countries for only 1-2 employees. I think most countries are covered by TopSource, so they can help us with almost all cases. Good advice on conditions and direct contact with employees. Invoicing done directly to the company. An easy process compared to hiring employees by ourselves."
Annette van Duijnhoven
”We searched the market for a local payroll vendor in 2014 and we chose TopSource as our partner. We were looking for error-free and timely payroll processing and TopSource Worldwide delivers this, saving us time and money. We have worked together for 8 years now and would recommend them to anyone."
Praveen Lihinar
Personalised Employer of Record services in Taiwan
TopSource Worldwide provides personalised EOR services in Taiwan, catering to the specific needs of your business. This includes handling employee onboarding, payroll processing, tax compliance, and HR support, tailored to Taiwanese standards and regulations.
End-to-end Taiwan payroll services
Looking to expand into Taiwan? Our unparalleled expertise in global payroll services ensures that your business can seamlessly navigate the complexities of payroll on a global scale, supporting your Taiwanese expansion initiatives.
Global entity management
Venturing into the Taiwanese market can be both exciting and challenging. With distinct business regulations, cultural nuances, and economic landscapes, it's essential to have a clear roadmap for your business establishment journey.
Accounting
Whether your goal is to process your purchase-to-pay transactions with minimum errors or manage your expense claim procedure, our team of experts can handle your accounting responsibilities, allowing you to focus on your core business and save time and money.
Global EOR services
Managing a diverse global workforce can be complex. This is where TopSource steps in as an invaluable Employer of Record services partner for companies seeking to expand their global reach while ensuring compliance with local employment laws and regulations.
Global Expansion Simplified
How to do business in Taiwan
Entering the Taiwanese market presents a mix of excitement and challenges. Given unique business regulations, cultural intricacies, and economic dynamics, a well-defined roadmap is crucial for a successful business establishment.
TopSource Worldwide is with you at every stage. Whether it's navigating local regulations or facilitating seamless operational transitions, our expertise ensures a swift and efficient process for establishing your business in Taiwan.
Taiwan Insights
Key insights into Taiwan's landscape
VAT rates : Taiwan has a standard Value Added Tax (VAT) rate of 5%, with certain goods and services subject to different rates or exemptions.
Ease of Doing Business rank: Taiwan ranks 15th in the World Bank's Ease of Doing Business Index, showing a highly favourable business environment.
Consumer Confidence Index: Consumer Confidence in Taiwan increased to 72.14 points in January 2024 from 70.06 points in December of 2023.
Employee maternity/paternity leave: Maternity leave is 8 weeks before childbirth and 8 weeks after, with additional parental leave options. Paternity leave is 5 days.
Employee termination period: Standard notice for termination varies but is typically 30 days, and severance pay is required under certain conditions.
Employee salary pay date: Wages are commonly paid monthly, with specific pay dates outlined in employment contracts and subject to labour laws.
Bank holidays: Public holidays in Taiwan include New Year's Day, Chinese New Year, Qingming Festival, Labour Day, Dragon Boat Festival, Mid-Autumn Festival, National Day, and Constitution Day.
Our author
Mark Robbins
Global Sales Director
Mark is the Sales Director at Topsource Worldwide. He has been a pioneering figure in the global expansion space since 2013. He is the first salesperson to sell EOR services in Europe, a feat he accomplished in 2013.
Published 2023-11-14 00:00:00
Updated 2023-11-15 00:00:00
Reviewed by:
Adrian Cooney
Fact checked by:
Adrian Cooney
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