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Taiwan’s Agile Economy and Skilled Workforce

Unleash Your Business Potential in Taiwan
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    Taiwan's business performance in light of the current global economic climate

    As a result of both domestic factors and global trends, Taiwan’s business and economic landscape has changed significantly in recent years. As a result of its strong emphasis on innovation and technology, Taiwan has cemented its position as a key player in the global supply chain, particularly in the semiconductor industry. A robust manufacturing sector, along with a skilled workforce and government support for research and development, have propelled Taiwan to the forefront of technological advancement. Furthermore, Taiwan’s strategic location in the Asia-Pacific region enables it to take advantage of the emerging markets, particularly in neighbouring China and Southeast Asia. The long-term sustainability of Taiwan’s growth and competitiveness will require agile policy responses and diversified economic strategies in response to demographic shifts, economic inequality, and geopolitical tensions.

    What are the benefits of working with Galaxy Group

    With Taiwan’s dynamic business environment and it’s organisational strengths, partnering with Galaxy Group in Taiwan offers a plethora of advantages. We provide unparalleled opportunities for success and growth by understanding the intricacies of local markets.

    Strategic Location

    Strategic Location

    Taiwan is a gateway to vibrant markets in East Asia and beyond, located at the heart of the Asia-Pacific region. Our strategic location facilitates efficient access to key trading partners, enhancing logistical efficiency and market reach.

    Technological Expertise

    Technological Expertise

    Taiwan's reputation as a global technology hub allows us to access cutting-edge innovations and expertise. Innovation and competitiveness are driven by our partnerships with leading research institutions and tech companies.

    Robust Manufacturing Capabilities

    Robust Manufacturing Capabilities

    The manufacturing ecosystem in Taiwan is renowned for its efficiency, quality, and reliability. As a result of our extensive network of suppliers and manufacturers, we can provide seamless production processes and superior quality products.

    Business-Friendly Environment

    Business-Friendly Environment

    International collaborations thrive in Taiwan's robust intellectual property policies, favourable regulatory framework, and supportive business environment. Taiwan offers a business-friendly ecosystem conducive to innovation, growth, and long-term success.

    Taiwan As A Gateway To Regional Excellence And Growth

    Business expansion in Taiwan opens the door to a world of opportunities, positioning your enterprise for excellence and sustainable growth. Taiwan offers companies looking to expand into the Asia-Pacific region and beyond an ideal gateway due to its strategic location, advanced infrastructure, and dynamic business ecosystem.

    Access To A Vibrant Consumer Market

    Businesses seeking to expand their market presence in Taiwan can benefit from Taiwan's affluent and tech-savvy consumer base. Taiwanese consumers are receptive to new products and services since they have a high disposable income and a strong appetite for innovation.

    Sustainable Energy Infrastructure

    Sustainable Energy Infrastructure

    Taiwan is a leader in renewable energy technology and sustainability initiatives, providing a robust environment for businesses seeking to operate sustainably. Clean energy sources and government incentives make Taiwan an attractive destination for sustainable businesses.

    Strong Business Support Ecosystem

    Strong Business Support Ecosystem

    In addition to favourable regulatory frameworks, government incentives, and business-friendly policies, Taiwan boasts a robust ecosystem supporting businesses. An environment conducive to growth is further fostered by access to funding, mentorship programs, and incubators.

    Skilled Workforce And Talent Pool

    Skilled Workforce And Talent Pool

    Taiwan's highly educated and skilled workforce is a key to its economic success. Using this talent pool, businesses can gain access to a wide range of expertise, from engineering and manufacturing to marketing and finance, to facilitate smooth operations and sustainable growth.

    The following Corporate Solutions are provided by
    Galaxy Group in Taiwan

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    EOR

    Employer of Record services provides a avenue for companies to bridge their talent gaps.

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    Outsourced Payroll

    Manage payrolls and prepare onboarding.

    Accounting, Finance & Taxation Icon

    Tax And Accounting

    Adhere to tax compliance in Taiwan with effective solutions that fit business needs.

    Incorporation, Secretarial & Compliance Icon

    Incorporation, Secretarial & Compliance

    Simplify the setup process with a hassle-free method.

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    Business Advisory

    To help businesses thrive in the competitive market of today.

    Business Expansion In Hong Kong
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    Unlocking Opportunities for Foreign Business Expansion and Talent Acquisition

    Through our extensive expertise, local knowledge, and robust network of resources, Galaxy Group can facilitate and expedite your business expansion efforts in Taiwan. We provide comprehensive support to help your company thrive in this dynamic business environment by understanding Taiwanese market dynamics and providing tailored solutions.
    Market Entry Strategy Development

    Market Entry Strategy Development

    Galaxy Group develops a customised market entry strategy tailored to your specific objectives and target audience in Taiwan. We provide human resources and tax and accounting solutions for you to enter the Taiwanese market successfully,

    Local Partner Identification And Relationship Building

    Local Partner Identification And Relationship Building

    Using our extensive network of contacts and partnerships in Taiwan, we assists clients in identifying and establishing relationships with reputable local partners, distributors, suppliers, and stakeholders. A seamless operation and market penetration require strong relationships with trusted partners.

    Regulatory Compliance And Legal Support

    Regulatory Compliance And Legal Support

    It can be challenging for foreign businesses to navigate Taiwan's regulatory landscape. Our legal team provides expert guidance and support to ensure compliance. Our process minimises risks and maximises compliance efficiency from company registration through tax obligations.

    Access to Funding And Investment Opportunities

    Access to Funding And Investment Opportunities

    A successful expansion initiative requires funding and investment. Through our company's access to venture capital firms, private investors, government grants, and incentives, we can assist you in drafting compelling investment proposals and facilitating connections with potential investors to fuel your Taiwanese growth ambitions.

    Frequently Asked Questions

    What support does the Taiwanese government offer to foreign businesses?
    Foreign businesses are provided with various incentives and support programs by the Taiwanese government, such as tax breaks, subsidies for R&D activities, and investment grants.
    By following the required procedures with the Ministry of Economic Affairs and obtaining licenses and permits, foreign investors can register companies in Taiwan with considerable ease.
    There is a standard VAT rate of 5% in Taiwan and a corporate income tax rate ranging from 5% to 20% in Taiwan.

    Ready To Benefit From Taiwan's Dynamic Marketplace?

    Partner with Galaxy Group now!