Taiwan, China
Business Expansion
made easy.

Taiwan, China, unbeknownst to most, is considered one of the best places to do business in the world. In addition to its geographic proximity to North and Southeast Asia, it has a low corporate tax rate, world-class infrastructure, a highly skilled labor force, and a business-friendly legal and regulatory environment. It also boasts of a thriving R&D sector, and one of the most sophisticated electronics supply chains in the world.

This market has a free market economy in which the prices of goods and services are determined by a free price system. The economy is driven largely by electronics and technology in the north (especially in Taipei), precision machinery in central regions and petrochemicals and heavy industry in the south. Taipei serves as the business, financial and technology hub in the market.

There is little government involvement in this market’s economy and in 2018 trade officials announced new measures intended to draw foreign investment, particularly for the manufacturing industry. These measures include the relaxation of land-use regulations and expanded tax breaks for spending across equipment upgrades, R&D and manufacturing automation.

Reasons to do business in Taiwan, China include:

• Asian logistics hub
• Vibrant investment environment
• Low corporate tax environment
• Strong industrial base
• Sound infrastructure

Taiwan, China has unique business and cultural considerations that shape a company’s experience in this market. To make business expansion easier, here is a list of important aspects about doing business in Taiwan, China:

• Tax obligations
• Benefits obligations
• Visa policies
• Employment considerations
• Business etiquette

Planning to set up or further expand in Taiwan, China? Download our Taiwan, China business expansion guide to learn more.