Attract expat & foreign investments in Taiwan
Strategy
Support the government’ s New Model for Economic Development 2.0 by focusing on key industries, working to attract international investment, building up Taiwan as a high-end manufacturing and R&D center, strengthening industrial clusters, and crafting a fully fleshed-out value chain that will make Taiwan more internationally competitive.
Approach
- Hard-hitting measures to attract global investments
The Department of Investment Promotion organizes sub-ministerial investment roadshows and delegations of experts to travel overseas and visit the head offices of foreign companies active in key industries. The Department also joins with overseas diplomatic missions to hold investor conferences targeted to the needs and interests of specific types of entities. The goal is to pique the interest of foreign firms in opportunities for investment and cooperation in Taiwan.
- Systematic discovery of investment opportunities
Link up with foreign chambers of commerce and diplomatic offices in Taiwan, as well as investment entities at home and abroad, to build up cooperative networks. Visit targeted firms, enhance ties with foreign companies, and tap into the resources of the central and local governments as well as non-government entities to spur increased investments.
- Hold the annual Taiwan Business Alliance Conference
The principal object of these conferences is to help build up Taiwan as a center of high-end manufacturing, R&D, advanced semiconductor processes, and green energy development. Toward that end, the conferences focus especially on 5G telecommunications, the Internet of Things, artificial intelligence, big data, electric vehicles, self-driving vehicles, and other such emerging fields. Senior executives from multinational firms located in Taiwan are invited to the events to speak to investors about successful strategies for investing in Taiwan, and potential business opportunities.
Customized single-window for investment services
InvesTaiwan acts as a one-stop service window where each investment matter is handled from beginning to end by a single case officer, who provides investment consulting, help with applications to benefit from various investment incentives, inter-agency liaison, elimination of investment barriers, and other services of this nature, which help to expedite investment procedures.
(Investment services hotline: +886 (2) 2311-2031)
Assistance for Taiwanese investment abroad
Strategy
Deeply cultivate regional economic markets, grasp business opportunities in emerging markets, and depend on the different production advantages of various countries to assist Taiwanese companies in achieving international division of labor.
Specific practices
Manage investment opportunity briefings, organize investment delegations, regularly update the profiles of relevant countries' investment environments, collect real-time economic and trade investment information from overseas countries, log on to the Global Taiwan Business Services Website of the Ministry of Economic Affairs , and provide investment overseas layout consulting services.
Services for overseas Taiwanese companies
Overseas Taiwanese Business Guidance
Establish the Service Center for Taiwanese Businesses
Use the resources of the headquarter or inter-ministerial resources to help Taiwanese companies to upgrade and transform themselves and provide them with experts’ counseling services.
Taiwanese Industry Guidance
Assist Taiwanese companies in strengthening their core competitiveness, promote the link between overseas Taiwanese companies and the homeland, and implement the goal of upgrading the industries that back Taiwan and reviving the economy of Taiwan”.
Specific practices
Manage and oversee overseas industry experts’ services teams, meeting for overseas Taiwanese businesses cooperation with domestic corporations, in-depth industry counseling, successful business models of benchmark companies, discussion meeting with the Taiwan Business Association, interaction between industry experts and Taiwan Chamber of Commerce, overseas Taiwanese companies legal consulting services, provide the sales expansion in Mainland China market promotion activities and business information distribution etc..
Welcoming Talent from Overseas
Strategies
- Focus on the recruitment of talent needed by key industries in Taiwans
- Boost the human resource for global investment of Taiwan
- Expand and strengthen the recruitment network in Taiwan
Focus
- Provide customized services to companies that require overseas talent in accordance with surveys of key industries’ demands for professional talent.
- Analyze the strategies and specific methods for recruiting talent for key industries in Taiwan
- Promote incentives for overseas Chinese and international students to stay in Taiwan, organize matchmaking meetings to assist companies in utilizing the human resources of overseas Chinese and international students, and develop a presence in emerging markets overseas.
- Organize overseas talent recruitment delegations that will hold overseas talent matchmaking meetings and recruitment events at well-known educational institutions, and establish a network of overseas student associations
- Cooperate with overseas technological organizations and well-known foreign universities, including the signing of MOUs; jointly establish a resumes of talents and corporate vacancies information exchange platform in Taiwan, focusing on the industries’ demands for talent.
- Build an overseas talent network and establish overseas follow-up and contact mechanisms to support the Executive Yuan’s global talent competition plan.
More Information Link Contact Taiwa Website...
Encouraging local firms returning to Invest in Taiwan
Single Window Service
InvesTaiwan serves as a single window. InvesTaiwan designates a specific person to be exclusively in charge of your case, including investment consultation as well as how to apply for preferential benefits provided by the Taiwanese government. (Investment Service: +886 2 23112031)
Strategies
In response to the demands of domestic industrial development, these strategies focus on attracting competitive Taiwanese companies to invest in Taiwan, and to invest in high-value-added industries and industries that are being upgraded or are undergoing transformation. A related objective is to convince Taiwanese companies to make Taiwan their R&D center and operational headquarters.
Promotion Methods
Better understand the needs of Taiwanese companies via communication with Taiwanese business organizations.Establish communication channels with core members of Taiwanese business associations operating in China or other overseas regions. Gather relevant issues and requirements related to investing in Taiwan by organizing activities with overseas Taiwanese companies. In addition, improve data collection related to investment sources.
Focus on the demands of Taiwanese companies and organize expert service teams
- Strengthen investment promotion and coaching services, focusing on the demands of Taiwanese companies for upgrading and transformation, such as automation and innovative business models.
- Work with ITRI and other corporate experts to form service teams that can provide coaching services and specific suggestions for Taiwanese companies.
- Encourage Taiwanese companies to return to Taiwan and use technologies and R&D capacity provided by research institutes such as ITRI to strengthen their competitive advantages.
Combine local government resources and provide specific investment opportunities
- Work with industrial development and investment promotion committees of each county and city of Taiwan to strengthen investment services for Taiwanese companies; for example, when operating or setting up factories in Taiwan.
- Actively support the industrial investment promotion activities promoted by each county and city of Taiwan. Hold investment promotion informational meetings to attract Taiwanese companies to develop local key industries in Taiwan.
Mainland Chinese Investment in Taiwan
Investment consultation services
Provide customized case-specific investment consultation services.
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