TAIWAN 2017-11-13T09:48:49+00:00

The economy of the Republic of China (Taiwan), simply called Taiwan, is the 5th largest economy in Asia, and is included in the advanced economies group by the International Monetary Fund and gauged in the high-income economies group by the World Bank, and ranked 15th in the world by the Global Competitiveness Report of World Economic Forum, has a developed capitalist economy that ranks as the 22th-largest in the world by purchasing power parity (PPP), ranks as 18th in the world by gross domestic product (GDP) at purchasing power parity per capita (person), and 24th in nominal GDP of investment and foreign trade by the Republic of China (ROC) government, commonly referred to as Taiwan. Having GDP of $529.6 billion and PPP: $1.177 trillion.

The seasonally adjusted unemployment rate in Taiwan rose to 3.79 percent in May of 2017, slightly up from April’s 21-month low of 3.78 percent. The number of unemployed decreased by 1,000 to 431,000 while the number of employed persons was up by 6,000 to 11,331,000. The labor force participation rate was at 58.7 percent, unchanged from a month earlier. Youth unemployment decreased to 11.49 percent from 11.62 percent. The total labor force was 11,762,000, up slightly from 11,757,000. On an unadjusted basis, the unemployment rate fell to 3.66 percent from 3.67 percent in the same month a year earlier. Unemployment Rate in Taiwan averaged 3.03 percent from 1978 until 2017, reaching an all time high of 6.02 percent in July of 2009 and a record low of 1.04 percent in February of 1979.

Key Background Checks


Description:

Provides the detailed Credit Default Records of a candidate as provided by the relevant authority.

Mandatory details:

Will include name of the candidate, national Identity details. Additional details may be required depending on the requirements

Output:

Will report the credit default history of the candidate. May include or exclude some details depending on the country for which check has been ordered.

Terms:

Information is obtained from courts, credit and agent sources. An interview of the subject and/or the subject’s employer may be needed to gather information not normally available to credit agencies due to customs and privacy laws.Consider adjusting your expectation level with regards to purchasing a personal credit report outside the US and Canada where credit card and tradeline information makes up the majority of their content. Unfortunately, this type of data is not usually available in other countries. Our in-country agent offers the maximum information that is legally and customarily practical for a credit agency to provide. Our international personal credit reports are commonly used for credit granting and other permissible purposes.

Description:

Confirms presence of a candidate in official bankruptcy databases

Mandatory details:

Will include name of the candidate, national Identity details. Additional details may be required depending on the requirements

Output:

Will tell whether the candidate is currently insolvent or not


Terms:

The information may be collected from various sources such as courts, banks and financial institutions. For further details, please visit the FAQ section at the bottom of the page

Description:

Confirms existence of a candidate’s criminal case record by searching government authority databases.

Mandatory details:

Will include name of the candidate, national Identity details. Additional details may be required depending on the requirements

Output:

Will include details of the convictions based on the searched databases.


Terms:

Not all the databases contain information with unique identifiers (National ID). This may result in multiple matches, none of which may be the candidate. Until and Unless a concrete proof is there, ABO shall assume the case as clear. Also, the level of detail will depend on the nature of the database and the laws of the country. For further information, please visit the FAQ section at the bottom of the page


Description:

To verify whether the identity of the individual is genuine upto a certain limit based on available data

Mandatory details:

Will include name of the candidate, National ID details. Additional details may be sought in case further needs arise.

Output:

Will include whether the national id number matches with the name of the person. May include details about Permanent address, and family


Terms:

The National Identity verification will be able to verify only that information which is present in the databse. The National ID verification may not gurantee the genuinity of the document itself. For further information, please visit FAQ section below.

Description:

Verify the employment history of the candidate

Mandatory details:

Name of the candidate, Previous employment employee id, National Identity details, Signed release. Additional details may be required depending on the requirements

Output:

Will include employment genuiness, tenure and designation. May include salary of the candidate, any adverse comments, eligibility for rehire and reporting manager name

Terms:

Verification of entrepreneurs and freelancers may not be possible.Typically 15% of these checks remain unverified despite AuthBridgeOnline’s best efforts either because the previous organization has ceased to exist, merged with another entity, does not have records beyond a certain date, does not entertain verification as a policy, Reporting Manager’s number is non contactable, is not responding despite stated number of attempts or does not have a digital presence. These checks will also be considered as “Completed” and no refund will be applicable. AuthBridgeOnline and its verification partners will make a maximum of 5 attempts via e-mail or telephone to procure the required information from HR or later with the Reporting Manager. In case an external database fee is there, the client shall be charged the same. No refund will be applicable in case the client wants to retrieve the check

Description:

Verify the education qualifications of the candidate

Mandatory details:

Will include Name of the candidate, name of the degree, Course name, national ID number, Student ID. Additional details may be required depending on the requirements

Output:

Will include education genuiness, Course name, Year of Passing. May include candidate grade, credits of the candidate, and details about major and minor

Terms:

Typically 15% of these checks may take much longer than expected Turn-around Time to complete due to temporary closure of Institutes during vacation time, festival season, examination or local disturbances. ARS would endeavor to minimize the impact of such closures on its delivery. In case an external database usage is required, the client shall be notified of the same. No refund will be applicable in case the client wants to retrieve the check In case a field visit is required owing to the digital absence of the company, additional fees may be applicable. AuthBridgeOnline will notify the user of the same. In case the education institute is not government recognized, or in the black list, ABO shall report the case as discrepant. For further details, please visit the FAQ section at the bottom of the page

Applicable Laws

There are no specific restrictions on transfer of data offshore, but transfer will be subject to general principles of data privacy (i.e. transfer, as a use of the data generally requires consent)

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