Back
Menu
SALARY PAYMENT IN New Taiwan dollar (TWD, NT$, $)
CONTRACT LANGUAGES Chinese / English
PAYROLL TAX 17.152%
PAYROLL CYCLE Bi-weekly or monthly
TIME TO HIRE 24 hours
Get Started
Hire and pay talents
with Horizons in
180+ countries
Taiwan
The minimum wage in Taiwan is NT$ 26,400.00 per month, which is approximately NT$ 152.31 per hour.
The minimum wage is set by the Ministry of Labor (MOL): The MOL consults with the Basic Wage Committee, which is composed of representatives from the government, labor unions, and employer associations. The MOL then reviews these recommendations and makes the final decision on any adjustments to the minimum wage. These adjustments are typically made in response to changes in economic conditions, inflation, and labor market trends.
No. Taiwan’s minimum wage applies to all industries across the country at large.
The authorities increased the minimum wage from NT$ 25,250 to NT $ 26,400 in January 2023. See table below to see the increases that have occurred in recent years.
| Date | Min. wage, hourly rate ($NTD) |
|---|---|
| 2023 | 26,400 |
| 2022 | 25,250 |
| 2021 | 24,000 |
| 2020 | 23,800 |
| 2019 | 23,100 |
| 2018 | 22,000 |
| 2017 | 21,009 |
| 2016 | 20,008 |
The minimum wage in Taiwan (in US dollars) is currently equivalent to $738 per month and $4.67 per hour, which is lower than Japan (equivalent to $7.30 per hour) and South Korea (equivalent to $7.40 per hour).
No, it is the same minimum wage for all adults.
Your business can easily hire employees in Taiwan (China) without opening a local entity. We handle local employment law, complex tax regulations, and international payroll in 180+ countries worldwide. All you need to do is focus on your business.
In most industries, it is not often possible to hire skilled workers close to the minimum wage in Taiwan. In general, the more educated or skilled a worker is, the more they will earn. The actual amount depends on the job role and industry. Contact us for a free consultation for your hiring project.
The median salary in Taiwan is NT$677,000 (US$21,689) per year while the minimum wage is 316,800 TWD (approximately USD 10,800) per year.
Headquarters
71 Robinson Road #13-153
Singapore 068895
+65 3158 1382
Europe
Skalitzer Str. 85/86
10997, Berlin
+49 30 3119 9653
Americas
1700 S. Lamar Blvd Suite 338
Austin, Texas 78704
+1 (737) 265-6065
See more locations
Headquarters – Singapore
71 Robinson Road #13-153
Singapore 068895
+65 3105 1170
Skalitzer Str. 85/86
10997, Berlin
+49 30 3119 9653
1700 S. Lamar Blvd Suite 338
Austin, Texas 78704
+1 (737) 265-6065
See more locations
Horizons © 2024 – Privacy Imprint & Terms Third-Party Processor GDPR Policy
