Your Payroll Superheroes, No Cape Required
Monx manages your payroll operations, from calculations to compliance, ensuring your employees are paid accurately and on time.
Monthly Payroll Preparation
We prepare password-protected payroll summaries, calculate deductions, and provide payroll slips to your employees.
Withholding Tax Management
Monx calculates and pays withholding taxes, labor insurance, health insurance, and pension contributions, ensuring full compliance with regulatory requirements.
Net Pay Distribution
We remit net pay to employee bank accounts and manage all related payroll documentation upon your request.
Understanding Payroll in Taiwan
Operating in Taiwan requires compliance with the Labor Standards Act (LSA), which governs employment terms, payroll, tax, insurance, working hours, and termination.
Employment Contracts
Taiwan recognizes fixed-term and non-fixed-term contracts. Key terms must include salary, working hours, benefits, leave, and termination conditions.
Salary & Payslips
Salaries are typically paid at the end of the pay period. Payslips must be provided, either digitally or in print.
Working Hours & Overtime
- Max 8 hours/day, 40 hours/week
- At least 2 rest days/week (1 mandatory)
- Overtime capped at 54 hours/month or 138 hours/3 months
Overtime pay:
- First 2 hours: 134%
- Beyond: 167%
Leave
Sick leave
- 30 days/year at half-pay; up to 1 year unpaid if hospitalized
Annual leave
- From 3 to 14 days based on tenure
Termination
At-will termination is not allowed. Termination must meet LSA-defined conditions and may require notice and severance—unless due to serious misconduct.
Why Outsource Payroll to Monx?
- No need to hire or train in-house HR staff
- Accurate, up-to-date compliance with Taiwan’s labor and tax laws
- Cost-effective and scalable payroll processing
- Hands-free handling of social insurance applications and premium calculations
- Peace of mind that your employees are paid correctly and on time—every time
