| Program |
Salary and Working Capital Subsidies |
Loan Repayment Postponed and Interest Subsidy |
Apply for Cash Refund on Carried Forward VAT Credit |
Tax Reduction (House Tax Assessment) |
| Subsidized Industry or Target |
Commercial Service |
- Manufacturing and related Technical Services
- Convention Exhibition Industry
- Trade Services
|
Small and Medium Enterprise |
Needs to be an active VAT registrant as at January 15, 2020 |
As per announcement of each district/ city government office. |
| Application period |
2021/6/7~2021/8/31 |
2021/6/7~2021/8/2 |
2021/6/7~2021/12/31 |
From Now till the Expiry Date of the Implementation Period of the Relief Regulations |
As per announcement of each district/ city government office. |
| Applicant qualification |
Decrease revenue by more than 50% in any month from May to July 2021 (Has valid tax registration) |
Enterprises that got ordered by the Government to suspend trading due to Covid 19. |
Decrease revenue by more than 50% in any month from April to June 2021 (Has valid tax registration) |
Turnover Decreased by 15%. Must have valid tax registration |
Has VAT credit balance and the application must be approved by the Central Government or there is evidence showing revenue has plummeted |
Use of business area has been reduced due to the suspension of business ordered by Government due to Covid 19. |
| Program highlight |
One time subsidy as follows: TWD 40,000 per full time employee. |
- One time subsidy as follows: TWD 10,000 per full time employee earning less than the minimum wage.
- Subsidy to Employees’ Salary: One-Off Salary Subsidy of TWD 30,000 (An Additional TWD 10,000 of Living Allowance will be Issued By the Employment Fund
|
- Subsidizes 40% of Employees' Regular Salary, With a Monthly Cap of TWD 20,000 for up to 3 Months (April-June, 2021)
- One time operating subsidy as follows: TWD 10,000 per full time employee.
|
- Extend existing loan period (Borrowed amount remains unchanged)
- Working capital loan (up to TWD 6 million)
- Special loan for affected businesses (up to TWD 150 Million for SMEs; up to TWD 500 Million for Non-SMEs)
|
- Can apply for cash refund multiple times. The cumulative VAT refund amount cannot exceed TWD 300,000.
- Cannot apply for cash refund if VAT credit balance is currently used as a collateral for outstanding tax or tax penalty payment.
|
The tax office has authority to automatically adjust tax assessments based on findings or based on application submitted from affected people. Tax rate can reduce from 3% to 2%. |
| Conditions |
- Enterprise cannot suspend from trading or apply for de-registration.
- Need to keep number of resigned employees within prescribed limit.
- Cannot claim other Covid 19 relief / subsidy from the Government.
|
- Enterprise cannot suspend from trading or apply for de-registration.
- No Layoffs, No Pay Cuts or Reduce Working Hours(Unless this is carried out in cooperating with National Epidemic Prevention Policy)
- Cannot claim other Covid 19 relief/ subsidy from the Government.
|
|
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As per announcement of each district/ city government office. |
