June 19, 2006
The
MOEA Investment Commission has announced revised regulations that will allow companies to hire foreign university students as interns. Under the "Guidelines for Companies and Corporations Applying to Bring in Foreign Student Interns to the
ROC", companies with business earnings of at least
NTD 10 million in the previous year may apply to hire a foreign student intern. Interns must be at the university level or above and are limited to serving one year for a company in Taiwan.
The "Guidelines" were revised by the Investment Commission in response to lobbying by foreign business groups in Taiwan and recommendations made to government agencies by the Council for Economic Planning and Development. The new regulations do away with previous restrictions, which only allowed a small number of high-tech companies to hire foreign student interns.
MOEA state-run corporations and foreign companies in any industry are now eligible to apply to hire foreign student interns, and the guidelines apply to Taiwan companies, foreign and overseas Chinese companies, foreign subsidiaries in Taiwan, foreign companies with offices in Taiwan and businesses in free trade zones.
Foreign student interns are granted a six month stay and are able to extend their term once by six months.
As part of its ongoing effort to improve its services for foreign companies, the Investment Commission will establish a dedicated service window to accept applications for companies wishing to hire foreign student interns.
(Central News Agency, Commercial Times, Eastern Multimedia)
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