PRACTICE NOTES
Taiwan Business Law: Corporate Formation, Financing, Branches, Employment, Contracts, Tax, Merger Control, Securities, Data Protection, Anti-Money Laundering and IP for UK Lawyers Advising Foreign Investors
Updated in October 2025
Introduction
Since the mid-twentieth century, Taiwan has stood among the ‘Asian Tigers’, sustaining a vibrant capitalist economy with a strong global footprint. The World Trade Statistical Review 2025 records Taiwan as the 16th largest exporter in world merchandise trade for 2024, while the IMD World Competitiveness Yearbook 2025 ranks it 6th worldwide. The government also provides a range of attractive incentives that enhance Taiwan’s business-friendly appeal. Supported by political stability and a dependable domestic market, deep expertise in both hardware and software engineering, a rich pool of high-calibre talent, mature infrastructure, and favourable investment legislation, Taiwan offers a compelling setting for enterprise. Positioned at the heart of the Asia Pacific, it serves as a strategic bridge to major economies including the US, China, Japan and Korea, along with emerging markets such as the ASEAN Economic Community (AEC). In June 2010, the People’s Republic of China (PRC) and Taiwan concluded the Economic Cooperation Framework Agreement (ECFA), further reinforcing Taiwan’s role as an appealing economic hub for international businesses. As a result, Taiwan is well placed to manufacture goods and deliver services for both domestic and global markets...
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