Currency: New Taiwan dollar, TWD (Rate)
Public Holidays: 16 public holidays (see here)
Employer Taxes: 12.65% + health insurance premium
Official Language: Mandarin Chinese
Payroll frequency: Monthly
13th / 14th Salary: (what's this?) ****13th month salary is not required but is customary and generally provided at Lunar New Year.
Notice period for dismissals is based on the length of employment:
These notice periods are also mandated for employees on indefinite-term contracts resigning.
Employees on fixed-term of over three years can resign after the completion of their contract with 30 days' notice.
Employees on fixed-term contracts of less than three years can only resign if there are serious grounds for resignation or with the employer's agreement.
Employees are entitled to severance pay in addition to a notice period or pay in lieu of notice. For employees hired after 2005, the prescribed severance pay is equal to 50% of an average month's wages for each year of service — not to exceed a total of six months wages.
Employees who have worked for less than a year are entitled to severance pay in proportion to the months of service.
Three months is customary.
TWD23,800 per month and TWD158 per hour
Non-compete agreements must be reasonable in scope and include compensation for the employee. Such compensation can be in the form of cash, securities or any other valuable property/asset, and must not be less than 50% of the employee's average monthly wage at the time of termination.
The agreement cannot be for longer than two years.