Page 11 - Services

Leverage Taiwan's Advantages in Industrial
3 Technologies to Jointly Pursue Market
Opportunities in the Stay-at-Home Economy

With the COVID-19 epidemic spreading across the world, the stay-at-
home economy has expanded rapidly as people maintain social distancing to
prevent the spread of the disease. Due to the epidemic, remote work by video
conference, online shopping, channel service logistics, telecare, and home
entertainment such as video-audio content and video games have become
important parts of most people's lives. Even if the epidemic gradually draws to a
close in the future, people are expected to have grown accustomed to the current
consumption and lifestyle and the stay-at-home economy will continue to expand.
Prompted by the epidemic, e-commerce operators in Taiwan have focused on
"zero contact" and maintained continuous growth. The delivery service platforms
continue to expand the scope of services and partner industries, and the future of
software service providers also appears bright as demand for information security
continues to increase. The stay-at-home economy is expected to continue to
grow and Taiwan's advantages in high market acceptability, high-quality Internet
environment, smart logistics and warehousing, and active commitment to R&D
will help foreign companies in market development and trials.

Global Logistics or Distribution Center
4
for Multinational Corporations

Global logistics management has become an important mode of operations
for international businesses. Taiwan's position as an Asia Pacific hub, the
government's active promotion of free trade port policies in recent years, and
the escalation of trade disputes between the United States and China have
attracted numerous Taiwanese businesses to return to Taiwan for investment
and increased the willingness of foreign companies to set up global logistics or
distribution centers in Taiwan. Foreign companies that only operate procurement,
import, storage, or transportation services in free trade port areas are exempted
from the profit-seeking enterprise income tax for both domestic sales or exports.
They can also make use of the taxation agreements signed by Taiwan with other
countries for outsourced processing, testing, and other business models without
any need to worry about double taxation issues.

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