Doing Business in Taiwan

Taiwan is a world leader in advanced technology. It’s robust manufacturing sector, highly skilled workforce, global supply chain integration and strong consumer demand position it well for continued growth.

20 January 2024

Guides

Business

Taiwan

Taiwan Cityscape
Download guide (pdf 8.4 MB)

At a glance

The Taiwan Doing Business Guide is an essential resource for Australian businesses and investors seeking to grow in Taiwan. Whether you are just starting out or already established in Taiwan, this guide provides practical and detailed information to support your business growth, plus links to reputable external resources for further information.

The report features:

  • A detailed overview of Taiwan’s economy, highlighting its rapid economic development and the key sectors instrumental to its growth. With a focus on advanced semiconductors, electronic components and consumer electronics, the guide provides insights into the drivers of Taiwan’s economic success.
  • Essential information to help you understand and navigate Taiwan’s business culture and identify a suitable partner. The guide covers the importance of relationships, the hierarchical nature of Taiwanese business practices, and the nuances of communication that are vital for successful business dealings.
  • Insights into consumer preferences, purchasing habits, and market trends in high-priority sectors to inform your go-to-market strategy. The guide explores the opportunities in sectors such as technology, energy and green economy, health and biotechnology, food and agribusiness, education, and metals and processing technology.
  • Advice for both investors and businesses on common market entry models and key risk factors. The guide offers strategies for market entry, including direct exporting, establishing joint ventures, or setting up wholly-owned subsidiaries.
  • Business practicalities such as laws and regulations, important information about tax, customs duties, and other regulatory requirements that are essential for the success of any foreign-owned business venture. The guide also provides an overview of the legal and financial frameworks that govern business operations in Taiwan.

Expanding a business internationally requires extensive knowledge and preparation. This guide will help build your Taiwan business capability so you can increase your chances of commercial success and avoid common traps. The Taiwan Doing Business Guide is your starting point on this journey. Asialink Business also offers training programs and other resources to support your business goals.

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