Testimonial
Manuel Ramos
TERAO ASIA
Managing Director
We think INS Global is a good solution about starting business in new and complex markets. Understanding the market doesn’t mean you need to set up a company immediately.
5/5
Taiwan, known for its advanced technology sector and strategic location in Asia, offers immense opportunities for international businesses. However, successfully integrating into Taiwan’s regulatory environment, including labor laws and tax regulations, can be complex during an expansion. That’s why an Employer of Record (EOR) in Taiwan can act as your local partner, ensuring a smooth market entry and ongoing compliance with all necessary regulations.
Step 1: Comprehensive Planning & Needs Assessment
Your journey with an EOR in Taiwan like INS Global begins with a detailed consultation to understand your business objectives. This includes discussing the number of employees, their roles, and your timeline for your Taiwan expansion, ensuring that the EOR can tailor their services to align with your goals.
Step 2: Streamlined Setup, Recruitment & Onboarding
Whether you are establishing a new team in Taiwan or transferring existing employees, an EOR handles all legal processes by legally hiring staff locally on your behalf. This includes managing visas and work permits, organizing payroll, contract management, and ensuring total compliance with Taiwanese labor regulations. By acting as your legal employer in Taiwan from the start, the EOR removes the need for you to set up a local entity, saving you valuable time and resources.
Step 3: Ongoing Management & Compliance Assurance
Once your employees are in Taiwan and operating as usual, an EOR oversees ongoing HR and payroll functions in Taiwan. This includes processing salaries, managing employee benefits, and ensuring compliance with National Health Insurance (NHI) and Labor Insurance contributions. EORs serve as the HR interface between you and your Taiwanese team, managing administrative tasks and addressing employee concerns, allowing you to focus on business expansion with confidence.
Avoid the complexities of navigating Taiwan’s tax system and labor laws. An EOR simplifies the setup process, ensuring compliance from the start.
Taiwan’s regulations can be intricate, but EORs have the expertise and experience needed to keep your business compliant with local tax laws, labor regulations, and social security contributions.
Acting as your legal employer in Taiwan, an EOR reduces the risks associated with employment regulations and ensures compliance.
Delegate HR tasks like recruitment, payroll processing, and tax management to your EOR, freeing up your time to focus on core business activities.
EOR services can be much more economical than establishing a local subsidiary, particularly for smaller teams or temporary needs. They do this by helping you to avoid initial incorporation costs and ongoing administrative burdens like the overheads required to hire in-house HR staff.
Testimonial
Manuel Ramos
TERAO ASIA
Managing Director
We think INS Global is a good solution about starting business in new and complex markets. Understanding the market doesn’t mean you need to set up a company immediately.
While setting up a subsidiary in Taiwan is typically thought of as the default option for local expansion, opting for an EOR offers several comparative advantages, such as:
Speed – The business setup process in Taiwan is expedited with an EOR like INS Global, enabling you to start operations and hire staff much faster. Company incorporation can take several months of planning and documentation, whereas an EOR can make your team operational within weeks or even days.
Compliance – Both EORs and subsidiaries must comply with Taiwan’s tax laws and labor regulations at all times when employing local staff. However, EORs already have the specialized knowledge to handle these complexities and ensure continuous compliance without the need for in-house experts.
Cost – For small teams or temporary needs in particular, EOR services are often more cost-effective than setting up a subsidiary, as you avoid upfront incorporation expenses and ongoing administrative costs. For larger companies, EORs provide specialized streamlining options that help you efficiently integrate new markets into multicountry payroll systems.
Control – While incorporation offers full control over HR, finances, and operations, EORs can provide the same level of organizational control over your workforce while reducing your administrative responsibilities and liability.
Choosing the right EOR in Taiwan is critical for successful market entry. Consider these 5 key factors. like:
An EOR handles all legal, HR, and compliance tasks when employing workers abroad, allowing businesses to enter the Taiwanese market quickly without needing to establish a local entity.
Using an EOR in Taiwan can be more cost-effective than setting up a local subsidiary, as it eliminates initial incorporation costs and reduces ongoing administrative expenses.
Yes, a Taiwanese EOR manages the entire visa and work permit application process, ensuring compliance with local immigration laws and regulations.
EOR services are beneficial for businesses of all sizes, especially those seeking rapid market entry, cost savings, and reduced administrative burdens.
EORs in Taiwan have local experts who stay updated on regulatory changes and manage all compliance aspects, ensuring your business adheres to Taiwanese labor laws.
While the Taiwanese EOR is the legal employer, you retain significant control over day-to-day management and operational decisions regarding your employees.
Level 39, Marina Bay Financial Centre Tower 2, 10 Marina Boulevard
Singapore 018983
