Wed, Oct 31, 2001 - Page 1 News List

Rise in fees for foreign workers set

EMPLOYER WINDFALL The Council of Labor Affairs' new white paper on foreign labor says new payroll deductions for room and board will be offset by reduced brokerage fees. Employers are expected to reap NT$10 billion in savings

By Chuang Chi-ting  /  STAFF REPORTER

According to the report, foreigners employed by local companies whose personal yearly income exceeds NT$3 million or whose monthly income is over NT$250,000 can now apply for non-Taiwanese housekeepers.

"The relaxation is to encourage foreign professionals to contribute to the local economy and in response to requests from foreign business associations."

Previous regulations stipulated that foreigners with such income could only submit applications if they worked for foreign companies in Taiwan.

Expatriot executives whose foreign-based companies have investments of over NT$200 million in Taiwan or yearly business turnover exceeding NT$500 million can now hire foreign domestic help. In addition, general managers of foreign companies whose local investments exceed NT$100 million or whose yearly business turnover is over NT$1 billion, are also eligible.

This story has been viewed 3779 times.
TOP top