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Ministry of Economic Affairs R.O.C.(Taiwan)
Laws and Regulations Retrieving System

Print Time:113.04.12 20:18

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Title: Examination Directions of Entrepreneur Visa Qualification for Foreign Nationals Ch
Date: 2015.06.29
Legislative: Promulgated on June 29, 2015.
Clauses 3, 4 and 5 appendix amended on December 28, 2015.
Clauses 3, 4, 6 and 5 appendix amended on April 26, 2017.
Content: 1.These directions have been drawn up in relation to the Executive Yuan’s plan for the
   promotion of Entrepreneur Visa, to regulate the qualification examination for the issuing
   of Entrepreneur Visa.

2.When a foreign national applies for an Entrepreneur Visa, the examination of the 
   applicant’s qualification for the issuing of an Entrepreneur Visa shall be conducted by
   the Investment Commission, Ministry of Economic Affairs (hereafter referred to as “the
   Investment Commission, MOEA”) in consultation with other relevant industry
   competent authorities; other agencies may be invited to participate in joint review where
   necessary.

3.A foreign national applying for an Entrepreneur Visa must meet the following criteria:
(1)An individual applicant should comply with at least one of the following criteria:
  a.The applicant has secured investment from a domestic or overseas venture capital
     enterprise, or obtained funding of at least NT$2 million from a government-approved
     international fund-raising platform.
  b.The applicant has received approval to reside at a central or local government-
     approved international innovation park, or in an incubator facility that is approved by
     central or local government and is either directly run by the MOEA, operated in
     collaboration with the MOEA, or has been rated by the MOEA as a first-class
     incubator facility within the past three years, or other incubator facility that is
     approved by the authority.
  c.The applicant has been awarded a patent either in Taiwan or overseas, or can
     demonstrate other evidence of professional expertise.
  d.The applicant has won an award in a leading domestic or overseas business start-up or
     design competition, or has received approval to the project of encouraging overseas
     entrepreneurs to invest in Taiwan from government. The applicant who once stationed
     or is now stationing accelerator facility that is approved by related government
     institutions.
  e.The applicant has been, or is currently, located in a startup accelerator facility approved
     by the central competent authority.
  f.The applicant has ever been shortlisted or awarded in significant domestic or foreign 
     film festivals.
  g.The applicant has ever been granted above NT3 million subvention for startup or
     related project by central government, or has ever been granted above NT1 million
     subvention for startup or related project by local government.
  h.The applicant possesses such other innovation capability as may be specified or
     recommended by the central competent authority.
  i.The applicant has already established an enterprise with the amount of investment at
    least NT$1 million in Taiwan that meets the official criteria for designation as a
    business start-up with innovation capability, and been serving as the legal
    representative, manager or director of that enterprise.
(2)A team or group applicant:
  a.The applicant who has not yet established an enterprise in Taiwan shall meet with at
     least one of Items a, b, c, d, e, f, g, h under Paragraph (1) above.
  b.For the applicant who has already established an enterprise in Taiwan that meets the
     official criteria for designation as a business start-up with innovation capability, the
     members of the team or group shall be serving as legal representative, executive
     officers or managers of the enterprise, and the members of the team or group shall have
     invested a combined total of at least NT$1 million in the enterprise.

4.The term “enterprise that meets the official criteria for designation as a business start-up
   with innovation capability” as used in the previous article refers to an enterprise that has 
   been lawfully registered under Taiwan’s Company Act or Commerce Registration Act
   for less than five years, and meet at least one of the following applies:
(1)The enterprise has obtained funding of at least NT$2 million from a domestic or
    overseas venture capital enterprise, or from international fund raising platform
    approved by government.
(2)The enterprise is already listed on the Go Incubation Board for Startup and
     Acceleration Firms (GISA, TPEx), Taipei Exchange (TPEx).
(3)The enterprise has either been awarded an invention or design patent in Taiwan, or
     been transferred or licensed of invention or design patent rights by the holder of a
     Taiwanese invention or design patentee and been registered with the Intellectual
     Property Office, MOEA.
(4)The enterprise has resided at an innovation park approved by central or local
     government, or an incubator facility that is approved by central or local government
     and is either directly run by the MOEA, operated in collaboration with the MOEA, or
     has been rated by the MOEA as a first-class incubator facility within the past three
     years, or is another incubator facility approved by the competent authority.
(5)The enterprise or its legal representative has won an award in a leading domestic or  
     overseas business start-up or design competition.
(6)The enterprise has been, or is currently, located in a startup accelerator facility
     approved by the central competent authority.
(7)The enterprise or its legal representative has ever been shortlisted or awarded in
     significant domestic or foreign film festivals.
(8)The enterprise has ever been granted above NT3 million subvention for startup or
     related project by central government, or has ever been granted above NT1 million
     subvention for startup or anything relates to startup by local government.
(9)The enterprise conforms to such other requirements as may be specified by the central
     competent authority.

5.The concerning documents of Articles 3, 4 and 7, and the industry competent authorities
    that must be invited to participate in qualification examination, are shown in Appendix.

6.Application shall be submitted to one of Taiwan’s overseas representative offices or to
   the Ministry of Foreign Affairs (MOFA) along with , the concerning documents
   specified in Appendix , as well as a photocopy of a Taiwan R.O.C. visa application
   form, and a photocopy of the applicant’s foreign passport or a photocopy of Alien
   permanent residence permit; the overseas representative office or the MOFA will pass 
   the application on to the Investment Commission, MOEA for examination.
   Where an application is submitted by a team or group, the application shall be submitted
    by persons who jointly conform to one of the requirements specified in Paragraph (2) of
    Article 3 above. If all of the team members conform to the requirements for submission
    of an application by a single individual, then they may submit a joint application on 
    presentation of a Memorandum of Understanding (MoU). The number of persons that  
    may be included in a team or group application may not exceed three persons, except in
    cases where special permission being given by a joint-agency approval.

7.Initial validity for an approved Entrepreneur Visa shall not exceed one year; however,
   when the applicant’s business enterprise in Taiwan meets at least one of the criteria
   listed below, the applicant may apply for an extension. The applicant shall submit the
   qualification review documents specified in Appendix to the Ministry of the Interior,   
   which will forward the application to the Investment Commission, MOEA for
   examination. The maximum permitted period of each extension may not exceed two
   years:
(1)The sales revenue of the applicant’s enterprise for the most recent year, or the average
     for the most recent three years, is at least NT$3 million.
(2)The operating expenses of the applicant’s enterprise for the most recent year, or the
     average for the most recent three years, is at least NT$1 million.
(3)The applicant’s enterprise employs at least three full-time Taiwanese nationality
     employees.
(4)The applicant’s enterprise can demonstrate some other category of operational
     performance that leads the industry competent authority to determine that the enterprise
     is making a positive contribution to Taiwan’s economic development.

8.The provisions of these Directions shall apply mutatis mutandis to the provision of 
   assistance by the MOEA for the examination of applications for resident visas in order
   to engage in entrepreneur activity that are submitted by residents of Hong Kong or
   Macao to the Ministry of the Interior or to the Mainland Affairs Council offices in
   Hong Kong and Macao.
Attachments:
Data Source:Ministry of Economic Affairs R.O.C.(Taiwan) Laws and Regulations Retrieving System