In order to recruit and attract foreign specialist professionals needed by the State and considering the unstable cash flow and cost of working, living, and moving taken on by foreigners coming to Taiwan for the first time, Article 22 of the Act has referenced international policies and expert recommendations to provide “foreign specialist professionals with income of more than NT $3 million engaging in work in Taiwan for the first time to enjoy tax benefits of 50% of salary income exceeding NT $3 million for the first 5 years” to increase incentives for experienced technical talent to cross borders into the State.
The Ministry of Finance has established the
Regulations Governing Reduction and Exemption of Income Tax of Foreign Specialist Professionals
in accordance with the Act. Please refer to the URL for more information.