Here is one example.
They’ve since made an alternative pathway for foreigners to be able teach in the public and private primary and secondary schools.
But, if a Master’s is required, it looks like they may contact your school while evaluating your credentials.
This only refers to the Ministry of Education for people who want to teach. I’d guess it’s up to your specific industry of interest what credentials are acceptable or not.
"I asked my friend about his situation and this is how he replied:
The MOE rule, last promulgated in October 2006, states
that those with “correspondence” degrees will not be
accepted as instructors at Taiwan universities. It’s
infuriating, but there it is…"
Source:Distance learning degrees