Incentives & Subsidies

To encourage investment by enterprises, the Taipei City Government has promulgated the "Taipei Municipal Self-Government Ordinance for Industrial Development," offering various subsidy and preferential tax programs depending on the needs of different industries. The purpose is to support sustainable business growth and investor profits. According to the Ordinance, companies engaged in strategic industries are entitled to R&D subsidies and various investment incentives, such as occupational training allowances, loan interest subsidies, and preferential rates for housing and land value taxes.

The Taipei Municipal Self-Government Ordinance for Industrial Development provides subsidies for entrepreneurship, research, branding, angle incubation programs and rent for real estate, employee salaries, and occupational training to encourage innovation and investment. From 2015 to the end of October 2020, there were a total of 3,928 incentive subsidy applications that were accepted, and 1,291 applications were reviewed and approved with a subsidy amount of NT$1.7868.4 million.  Among these, 1,040 were start-up enterprises that were started less than 5 years ago (included), accounting for 80.56% of the enterprises with a subsidy amount of 1,337.29 million, which also accounted for 74.84% of the subsidies approved. This has become the highest incentive subsidy system that supports start-up enterprises in Taiwan. In order to attract foreign companies to invest in Taipei, all foreign companies that are registered in Taipei City may also apply for the relevant subsidies. From 2015 to the end of October 2020, 37 foreign companies that are operated by foreigners were approved, with an approval amount of 73.20 million and an investment amount that advanced to over 1698 million.

Related Link: Subsidies & Incentives For Taipei Industry