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InvesTaiwan

Three Major Programs for Investing in Taiwan

On July 1, 2019, the government launched three major investment programs designed to give Taiwanese businesses greater confidence to invest in Taiwan, which include a new iteration of the "Action Plan for Welcoming Overseas Taiwanese Businesses to Return to Invest in Taiwan” (abbreviated as “Welcome Back Action Plan”), and the other two new "Action Plan for Accelerated Investment by Domestic Corporations” and "Action Plan for Accelerated Investment by SMEs”. These programs provide assistance measures such as land rent concessions and project loans, while InvesTaiwan offers customized single window services.
(Learn more…)

Program Achievements

Three Major Programs for Investing in Taiwan Total

As of Oct 23, 2020

700 enterprises’applications approved

NT$1.1316 trillion investment attracted

94,800 new jobs created

Action Plan for Welcoming Overseas Taiwanese Businesses to Return to Invest in Taiwan

As of Oct 22, 2020

205 enterprises’applications approved

NT$788.6 billion investment attracted

65,240 new jobs created

Action Plan for Accelerated Investment by Domestic Corporations

As of Oct 22, 2020

88 enterprises’ applications approved

NT$169.3 billion investment attracted

12,718 new jobs created

Action Plan for Accelerated Investment by SMEs

As of Oct 23, 2020

407 enterprises’applications approved

NT$173.7 billion investment attracted

16,842 new jobs created

Program Comparison

Action Plan for Welcoming Overseas Taiwanese Businesses to Return to Invest in Taiwan

Action Plan for Accelerated Investment by Domestic Corporations

Action Plan for Accelerated Investment by SMEs

Implementation Period

January 1, 2019 - December 31, 2021

July 1, 2019 –December 31, 2021

Target Group

Taiwanese companies, affected by the US-China trade conflict, have been investing in China for at least 2 years

Domestic corporations, not classified as SMEs, have not invested in China ever

Enterprises, qualified as SMEs, use uniform invoices and have not applied for “Welcome Back Action Plan”

Eligibility (see more details in Downloaded Files “Q&A”)

Manufacturing sector:Returning companies’ newly established or expanded production lines should partly incorporate smart technologies or intelligent functions.
Also, companies should meet at least one of the following requirements:

Fall into sectors of the “5+2 Industrial Innovation Program.”
Belong to industries involving high value-added products and/or key components.
Play a critical role in the international supply chain.
Promote global marketing in private-label brands.
Relate the investment project to national key industrial policies.

Manufacturing sector:Companies’ newly established or expanded production lines should partly incorporate smart technologies or intelligent functions.
Also, companies should meet at least one of the following requirements:

Fall into sectors of the “5+2 Industrial Innovation Program.”
Belong to industries involving high value-added products and/or key components.
Play a critical role in the international supply chain.
Promote global marketing in private-label brands.
Relate the investment project to national key industrial policies.

Service sector:The investment plan should incorporate smart technologies or intelligent functions, and should be related to national key industrial policies.

Manufacturing sector: Companies’ newly established or expanded production lines should partly incorporate smart technologies or intelligent functions.
Also, companies should meet at least one of the following requirements: Fall into sectors of the “5+2 Industrial Innovation Program.”

Belong to industries involving high value-added products and/or key components.
Play a critical role in the international supply chain.
Promote global marketing in private-label brands.
Relate the investment project to national key industrial policies.

Service sector: companies should meet at least one of the following requirements:

The investment plan should incorporate smart technologies or intelligent functions and should be related to national key industrial policies.
The investment plan would tie in well with policy on: (a) introduction of innovative businesses and services; (b) integration and application of technologies; (c) key national industries.

Program Budget for preferential loan

NT$500 billion

NT$80 billion

NT$100 billion

Maximum Government Bank Fee Contribution

SMEs: 1.5%;
Large enterprises (based on capitalization):
Below NT$2 bn: 0.5%
NT$2-10 bn: 0.3%
Above NT$10 bn: 0.1%

Contribution caps are based on enterprise capitalization:
Below NT$2 bn: 0.5%
NT$2-10 bn: 0.3%
Above NT$10 bn: 0.1%

(An additional budget NT$100 million from SME Credit Guarantee Fund offers a maximum guarantee of 95% of the credit loan and 0.3% of bank fee contribution.)

Preferential Loan Period

5 years

Financial resource

National Development Fund, Executive Yuan

SME Development Fund

Other Preferential Measures

A 15 point increase in the percentage of foreign employees permitted, up to a maximum of 40%.
Assistance in land acquisition
Stable electricity and water supplies.
Customized tax incentive consulting services.

Assistance in ensuring adequate supplies of land, electricity and water, as well as customized tax incentive consulting services.

Review Flow Chart

Preparatory phase

Preparatory phase
1 working day

Formal interdepartmental review (firms deliver presentations)
Within 8 working days

Issuance of final decision
1 working day

Processing Completed Within Two Weeks

Downloadable files

Investment Action Plan	Program Description	Application Forms
Action Plan for Welcoming Overseas Taiwanese Businesses to Return to Invest in Taiwan	Action Plan for Welcoming Overseas Taiwanese Businesses to Return to Invest in Taiwan - Booklet、Q&A	Attachment 1-1, eligibility checklist for “Action Plan for Welcoming Overseas Taiwanese Businesses to Return to Invest in Taiwan” Attachment 1-2, application form for “Action Plan for Welcoming Overseas Taiwanese Businesses to Return to Invest in Taiwan” Attachment 1-3, Investment plan for preparatory phase. Attachment 1-4, company information disclosure agreement form for the “Action Plan for Welcoming Overseas Taiwanese Businesses to Return to Invest in Taiwan”
Action Plan for Accelerated Investment by Domestic Corporations	Action Plan for Accelerated Investment by Domestic Corporations - Booklet、Q&A	Attachment 1-1, eligibility checklist for “Action Plan for Accelerated Investment by Domestic Corporations” Attachment 1-2, application form for “Action Plan for Accelerated Investment by Domestic Corporations” Attachment 1-3, Investment plan for preparatory phase. Attachment 1-4, company information disclosure agreement form for the “Action Plan for Accelerated Investment by Domestic Corporations”
Action Plan for Accelerated Investment by SMEs	Action Plan for Accelerated Investment by SMEs - Booklet、Q&A	Attachment 1-1, eligibility checklist for “Action Plan for Accelerated Investment by SMEs” Attachment 1-2, application form for “Action Plan for Accelerated Investment by SMEs” Attachment 1-3, Investment plan for preparatory phase. Attachment 1-4, company information disclosure agreement form for the “Action Plan for Accelerated Investment by SMEs”
Action Plan for Accelerated Investment by SMEs		Application Forms for the investment plan would tie in well with policy on: (a) introduction of innovative businesses and services; (b) integration and application of technologies; (c) key national industries. Attachment 2-1, eligibility checklist for motorcycle firm to participate in the “Action Plan for Accelerated Investment by SMEs” Attachment 2-2, application form for motorcycle firm to participate in the “Action Plan for Accelerated Investment by SMEs” Attachment 2-3, Investment plan for motorcycle firm. Attachment 2-4, company information disclosure agreement form for motorcycle firm to participate in the “Action Plan for Accelerated Investment by SMEs” Attachment 2-5, affidavit for motorcycle firm to participate in the “Action Plan for Accelerated Investment by SMEs”