Formosa Magazine (『美麗島』雜誌 Pinyin: Meilidao Zazhi) was a magazine created by Tangwai individuals in Taiwan during the summer of 1979. It opposed Kuomintang's political monopoly in the Republic of China government. A police raid of the Formosa Press caused the Kaohsiung Incident in December 1979.

There were 61 participants; less than ten were truly active, namely,

• Huang Hsin-chieh (黃信介), publisher
• Chang Chün-hung (張俊宏), chief editor
• Hsu Hsin-liang (許信良), editor
• Yao Chia-wen (姚嘉文), editor
• Annette Lu, (呂秀蓮) editor
• Lin I-hsiung (林義雄), editor
• Shi Ming-teh (施明德), editor

The opening celebration took place in Mandarina Crown Hotel (中泰賓館) in the afternoon of September 8, 1979. A blockade by Kuomintang military ensued, sometimes known as the Mandarina Crown Hotel Incident. For the next three months until the raid, branches were opened throughout Taiwan. Opening were followed by speeches and conferences.