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Understanding Taiwan: Business & Economics

This guide provides useful information and links to resources on Taiwan.

At A Glance


The following information have been carefully selected for your reference. Some resources may have bias perspectives. Please approach the SMU Libraries ( ) should you have any doubts or need clarifications.


Taiwan is an ideal location for multinational enterprises to grow their businesses into other emerging markets in Asia. Taiwan has a mature and stable development of capital markets, encouraging the participation of international funds for overseas distribution.

This video shows how Taiwan has become one of the wealthiest regions in Asia. Many say it depends too heavily on Chinese trade. So, how powerful is Taiwan exactly?


This section explores the various aspects of doing business in Taiwan.

In recent years, Tainan City has been vigorously building an outstanding investment environment to carry out various projects to help local economic development. Through this video, understand Tainan's past and the city's future. 

Business Law

  • Legal Updates
    This link provides a comprehensive guide to the legal regulations in Taiwan.
  • How to Establish a Foreign Company?
    The Department of Investment Services, Ministry of Economic Affairs, R.O.C. has a section on the step-by-step guide on how to start up businesses in Taiwan.
  • Foreign Trade Act
    Explains the purpose of expanding foreign trade and maintaining a sound trade order so as to enhance the economic benefits of this country in the spirit of liberalization and internationalization and on the principles of fairness and reciprocity.
  • Investment Protection and Promotion Agreement
    Explains the favourable conditions for residents and companies to make investments in the relevant places that are in accordance with their respective general economic policies.

Economics & Infrastructure

This section explores the economics and infrastructure in Taiwan.

Taiwan’s initial industrialization was spurred by the growth of textile factories and companies that produced light manufactures, such as small appliances, footwear, and athletic equipment. Companies subsequently moved to manufacture semiconductors and electronic equipment, including radios, television sets, and computers.

By the mid-1980s, Taiwan had become one of the world’s largest producers of computers and computer peripherals. It also succeeded in establishing steel and ship-building industries.

Additional Resources

This animation video explains the business practice and etiquette in Taiwan culture.

The use of electronic resources must comply with the Appropriate Use of Electronic Resources Policy and Singapore Management University Acceptable Use Policy