The transition of Taiwan from ‘poor to prosperous’ has been called the ‘Taiwan Miracle’. It has become an important contributor in several sectors. This was made possible through significant reforms in land and agriculture with US aid and support helping turn Taiwan into a manufacturing powerhouse. Foreign investment here is encouraged but having Taiwan market entry services is still strongly recommended.

For nearly 40 years, it has specialised in high-tech industries, and Taiwan is now home to some of the world’s leading high-tech and semiconductor companies. There also remain opportunities in renewables and several other prominent sectors.

It is impossible to discuss Taiwan without mentioning the complex status that sees China consider it as an inalienable part of its territory. This remains a source of considerable geopolitical tension.

Why Taiwan?

Taiwan has made huge efforts to welcome foreign engagement and investment through a series of government-led programs along with incentives for specific industries. Enlisting in Taiwan market entry services is the best way to know what your company is eligible for.

Beyond that, Taiwan ranks highly in regard to Ease of Doing Business and is seen as an outstanding investment destination for overseas companies. The World Bank classifies it as a high-income economy with a strong per capita GDP.

Taiwan market entry services from Asian Insiders

Developing business in Taiwan requires building and holding key relationships with senior leaders in business and government. It also has unique geopolitical challenges that companies must be fully aware of before entering.

With an experienced team that deeply understands the local business landscape, Asian Insiders is here to help you connect, engage, and achieve success in Taiwan. Our Taiwan market entry services help you navigate the local business culture as well as thoroughly understand the differences between your home country and other regional economies.

Click here to take our Readiness Check to see if you’re ready to enter Taiwan