“The amount and number of cases are still minimal and the government will work to deepen [investors’] understanding and increase their willingness to come here,” said Fan Liang-tung (范良棟), head of the ministry’s Investment Commission.
The ministry is set to convene an intra-ministerial meeting early next year to evaluate the situation and discuss which sectors should be opened in future.
As far as visa regulations are concerned, Fan said Chinese executives are allowed to hold one-year, multiple-entry visas, but landing visas are not feasible for now.
Woody Duh (杜紫軍), director-general of the MOEA’s Industrial Development Bureau, said Taiwanese subsidiaries of Chinese high-tech enterprises will also be eligible to take advantage of tax incentives.
He said that any local foreign-invested or Chinese-invested enterprise is considered a legal entity in Taiwan and therefore eligible for tax breaks as long as they have been established in compliance with Taiwan’s Corporation Act (公司法).
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