[Investment] Five-Year Tax Exemption Incentive for New Manufacturing Investment

Legislative Yuan passed a revision of Article 9-2 of the Statute for Upgrading Industries, providing a five-year tax exemption Incentive for investment in the establishment or expansion of manufacturing enterprises or related technical services. Investments made between July 1, 2008 to December 31, 2009 are eligible for this tax break.

To accelerate economic recovery by stimulating private investment and carrying through with its economic revitalization program, the Ministry of Economic Affairs proposed the “Implementation of Short-term Five-year Tax Exemption Incentive for New Investment” in September last year, and at the same time formulated the revision of the Statute for Upgrading Industries.