Taiwan is on the up and up and it’s time investors found out why.
There are many reasons to invest in Taiwan, and delegates were informed just how strong the Taiwanese investment market is at the recent ‘Business Alliance in Taipei’ luncheon held in London.
Guests listened to guest speakers Mr Wei-Min Tang from the department of economic development in the Taipei City Government, Ms Angela Wu Managing Director from the TMF Group Taiwan office and Ms Li-Chen Yang manager at the Taiwan Stock Exchange sell Taiwan as an opportunity for potential investors in the international market.
During the course of the luncheon guests discovered that Taiwan is the ninth largest market for potential investors from the United Kingdom and there are many clear reasons why.
Taiwan, with a population of 23.3m, offers an excellent geographical location. It is the economic and trade hub of the Asia Pacific region with great geographical connections to Tokyo, Silicon Valley and China.
In recent years the Taiwan economy has gone from strength to strength and with extensive infrastructure and strong industrialisation and manufacturing services it is no wonder that investors are heading east.
Another decision making factor for potential Taiwanese investors is the low corporate income tax rates. In fact; Taiwan offers the most competitive tax regime in all of Asia.
In the 2013 World Bank Ease of Doing Business study Taiwan was ranked number 16 out of 185 companies on the list.
Taiwan offers affordable living costs, unlike Hong Kong, which can contribute to a potential investor’s decision. With cheaper rents, bills, low interest loans and the opportunity for rental subsidiaries.
Taiwan offers a cheaper alternative as a starting point in the Asian market.
For further information on why and how to invest in Taiwan contact us at TMF Group.