Taiwan – Small & medium-sized enterprises

IV. The corporate responsibility to respect human rights

B. Actions taken

  • State encouragement of respect by businesses for human rights (pages 11-12)

The Taiwan government also provides resources and support, including the following: […] it has added a new provision to the “Act for Development of Small and Medium Enterprises” to provide that, when the Composite Leading Indicators are above certain levels, if a small or medium enterprise raises the average salary paid to junior employees, it can receive tax breaks; […]’

 

Appendix 1: Concrete actions taken by Taiwan to fulfill the state obligation to protect

  • Promotion of corporate social responsibility (page 27)

‘The MOEA’s Small and Medium Enterprise Administration has issued the “Principles for Registration of Social Innovation Organizations.” This document calls upon social innovation enterprises to disclose their organizational goals and social missions, and to state how they coincide with the UN’s Sustainable Development Goals and/or Taiwan’s efforts regarding social issues.’

 

Appendix 2: Concrete actions taken by Taiwan to ensure respect by businesses for human rights

  • Governments can provide information and support to enterprises. The Taiwan government has implemented several regulations and measures to provide enterprises with guidance and support, including the following: (page 32)

‘Article 36-2, paragraph 3 of the “Act for Development of Small and Medium Enterprises” provides as follow: “During the period when the Composite Leading Indicators are above certain levels, if a small and medium enterprise raises the average salary paid to the domestic junior employees, it can deduct up to 130% of the incremental annual gross salary payments, excluding statutory basic wage adjustments, to the junior employees from its current year profit-seeking enterprise.’