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 2011 to the end of August 2024, there were a total of 7,620 incentive subsidy applications that were accepted, and 2,270 applications were reviewed and approved with a subsidy amount of NT$2,894.23 million. Among these, 1,915 were start-up enterprises that were started less than 8 years ago (included), accounting for 84.36% of the enterprises with a subsidy amount of 2,348.11 million, which also accounted for 81.13% 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 2011 to the end of August 2024, 60 foreign companies that are operated by foreigners were approved, with an approval amount of 100 million and an investment amount that advanced to over 2,200 million.
Investment Subsidies |
Related Subsidy Items |
- Startup Subsidy: 50% of the total amount with a limit of NT$1 million
- R&D Subsidy: 50% of the total amount with a limit of NT$5 million
- Innovative R&D Subsidy: 50% of the total amount with a limit of NT$5 million
- Innovative Acceleration Subsidy: 50% of the total amount with a limit of NT$3 million
- Thematic R&D Subsidy (applications open periodically, themes to be announced separately): 50% of the total amount with a limit of NT$2 million per project
- Branding Subsidy: 50% of the total amount with a limit of NT$5 million
- Innovation Incubation Subsidy: Maximum subsidy of NT$3 million per project
- Rising Star Subsidy Program (applications open periodically, fields of the program to be announced separately): Three-phase project with a total subsidy of up to NT$15 million.
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- Subsidy on Employee Training: Maximum NT$1 million
- Subsidy on Employee Salary: Maximum NT$5 million
- Subsidy on Loan Interest: Maximum NT$50 million
- Rent Subsidy: Maximum NT$5 million
- Subsidy on House Tax/Land Value Tax: Maximum NT$50 million
- Exemption or reduction of rent for two to five years against public-owned houses or land
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Related Link: Subsidies & Incentives For Taipei Industry