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Doing Business in Taiwan, ROC
 
 
 
Doing Business in Taiwan, ROC
Making Investment In Taiwan, Republic of China

1. Brief Description about Taiwan

top For more than half a century Taiwan has transformed into what the world known today as an “economic miracles” and one of “Four Asian Tiger”. The Image of poverty and lack of material goods were all the past. The succession of government economic construction plans, the tremendous efforts of a hard-working, high quality labor force and a vigorous and ambitious entrepreneurial spirit that have all contributed to build the Taiwan economy as it is today.

The result of government economic construction plans can be seen from the change in the structure of economy sector, from agriculture based and labor-intensive industry to capital and technology intensive industry.

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2. Reasons for Investing in Taiwan
  • Strategically Location – located between north of Philippines and off the southeastern coast of China. The superior location has make Kaohsiung one of the busiest harbor in the world.
  • topCompetitive Advantage – AS the world liberalized and internationalizes at fast pace and as technological innovation has made major changes an almost daily occurrence, the pressure of international competition has also become more and more intense. In this age of “high-speed industry” the skill of labors are the major driving force to keep the Company to survival in this age. In order to maintain this competitive advantage, the Taiwan Government has nurtured an abundant pool of competitive technical and human resources.
  • topWTO Accession – January 1st 2002 Chinese Taipei officially becomes one of the members of World Trade Organization. To complying with the organization standard the environment of industry as vow to become comparable to the advanced countries in terms of production restrictions, import control or tariff protection.
  • Taxation – The maximum company income tax and Value-Added Tax are 25% and 5% respectively, which is comparably lower than any advanced country.
  • Incentives – In order to continually attract and maintain various oversea investment, the Government has introduced the Statute for Upgrading Industries in 1990, which aims to facilitate overall economic development, foster investment and the introduction of new technologies for emerging industries, and address problems in acquiring land for industrial use.
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