Doing business in Taiwan
Taiwan has modern infrastructure and its banking, insurance and securities sectors are being liberalised. It is an advanced, hi-tech economy with a strategic location in the Asia Pacific region and close links to China.
Taiwan’s economic links with China have grown significantly. There are now frequent direct flights, major investments by Taiwanese companies in China and high levels of trade across the Taiwan Strait.
Taiwan’s administration has introduced an industrial innovation programme to promote sectors seen as key for its development. These include green energy, the Internet of Things (IoT) and smart machinery.
Taiwanese firms are world leaders in several hi-tech manufacturing sectors, such as laptops, servers, smartphone components and solar panels. They’re renowned for providing contract manufacturing services.
Some of the key market sectors for UK businesses looking to trade with Taiwan are:
- Technology
- Consumer products
- Offshore wind
- Fintech
- Computer services
What we do ..
- ITSG provide a “country desk” supplying practical on the ground support to regional businesses. We act as a direct link with overseas Embassies/Chambers of Commerce. This eliminates the need for extensive travel whilst providing the service that businesses require.
- ITSG is strategically located to service businesses in North Wales and North West England
- We have serviced Office space on Wrexham Industrial Estate.
- ITSG operates on a country specific basis, focussing on markets that we know and have experience in. We do not offer an international “scatter gun approach”
- We have extensive knowledge of local businesses
- We have access to all sizes of business with multi sector experience and contacts
- All of our specialists have worked within the public and private sector. We co-operate with Welsh Govt, DIT and other government agencies.
Contact: Keith@itsgworld.com (07707 471545) Clive@itsgworld.com (07871 169572)