Jump to the content zone at the center

Subsidy for loan interest

To contribute all kinds of allowance to indigenous citizens and help them survive, Taipei City Government agrees on the present reminders in accordance to the Number 5, Article 2 of Taipei City Indigenous Life Guidance Principles.
Relevant prerequisites and procedures are as following:

Subsidy for loan interest:
1.Prerequisites:
 1.1 Indigenous people who are permanent residents and have actually lived in the city for four months at least.
 1.2 Individuals who have had a loan from legal public or private financial institute, and up to NT100,000 and less than three years.
 1.3 A joint venture can apply for loan interest allowance at the same time but no more than three applicants each venture.
 1.4 The business has been legally registered in Taipei City less than three years.
 1.5 Application for loan interest allowance is restricted to once only; also, if an individual contract has been granted preferential loan allowance must not apply for it.
2.Documents required:
【Stage one】
 A. Common loan:
  a. Application form.
  b. Certificate of registered residence within a month.
  c. Photocopy of ID card.
  d. Photocopy of loan agreement from legal financial institute.
  e. Consent form for not receiving any preferential loan allowance.
  f. Proof of loan remaining.
 B. Loan for starting an enterprise
  a. Application form.
  b. Certificate of registered residence within a month.
 c. Photocopy of ID card.
 d. Documents relevant to the loan.
 e. Proof of loan remaining.
【Stage two】
 A. Common loan:
  a. Application form.
  b. Certificate of registered residence within a month.
  c. Letter of approval.
  d. Consent form for not receiving any preferential loan allowance.
  e. Receipt of 12-month interests.
  f. Photocopy of bankbook.
 B. Loan for starting an enterprise
Documents a. to f. of above mentioned, plus g. career registration, company license or permit.
3.Allowance standards:
 3.1 Maximum 6 years.
 3.2 Loan required:
  A. Maximum 1,000,000 in the first year.
  B. From the second year, then 10% of loan less year by year. If the average loan is less than the amount mentioned, then the actual loan will be counted.
 3.3 Loan interest subsidy:
  A. Loan for stating an enterprise: According to the interest rate on the first business day in July by Fubon Financial.
  B. Common loan: 50% off interest rate mentioned.
 3.4 If the loan and reimbursement fixed numbers of years do not achieve the first two regulations, the allowance will be given in accordance to the actual loan and reimbursement fixed numbers of years.
4.Please apply from the Indigenous Peoples Commission or district offices.
5.Procedures:
 5.1 Once the applicant has been approved in the stage one, he/she shall have all relevant documents ready and submit to the Indigenous Peoples Commission or district offices by October.
 5.2 If an applicant becomes no longer the permanent resident of the city or changes the business item without the permission of the Indigenous Peoples Commission will receive no subsidy.
6.Notes: If an individual goes against the rules will not only receive no subsidy but also pay back the subsidy received.