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Free Trade Zones
Taiwan has set up "free trade zones" at six seaports and one airport. Companies setting up operations in the free trade zones may engage in businesses such as trade, warehousing, logistics, container (cargo) terminal operations, transshipment, transit, freight forwarding, customs clearance services, assembly, sorting, packaging, repair, fabrication, processing, manufacturing, inspection, testing, display, and technical services.
Free trade zones are subject to minimal regulation and granted a high degree of autonomy to allow for convenient movement of goods and people.
The customs duties, commodity taxes, business taxes, trade promotion service fees, and port dues are exempted for goods, machinery, and equipment imported into a free trade zone from foreign countries. A zero tax rate for business tax applies to goods, machinery, equipment, or labor that are sold in domestic taxed areas or bonded areas zone, or are used for operations in free trade zones. In addition, profit-seeking enterprises which engage only in preparatory or auxiliary business activities within the territory of Taiwan and have applied for and obtained qualifications are exempted from paying the profit-seeking enterprise income tax for both domestic sales and exports of their products.
Promotion Plan for Strengthening Investment in Strategic Service Industries
The National Development Fund (NDF) of the Executive Yuan allocated a budget of NT$10 billion for investment with its partner, a professional investment management company, to execute the Plan. The main investees include the information service industry, Chinese-language e-commerce, digital content, cloud computing, the convention and exhibition industry, smart retail, gourmet food internationalization, international logistics, healthcare, health promotion, design services, chain and franchise businesses, tourism and travel, energy service companies, and other "strategic service industries" identified by the program.
The Plan provides information on strategic cooperation, technologies, and business opportunities for companies and it also offers customized and in-depth fundraising advisory services based on the unique characteristics of each company. It also refers companies to other advisory services or programs based on requirements to help companies increase investment performance and reduce investment barriers.
Source: InvesTaiwan
Email:service@invest.org.tw / Information Window for Key Innovative Industries
Add: 10046 8F, No.1 Xiangyang Road, Taipei, Taiwan
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Key Innovative Industries in Taiwan - International Logistics and E-commerce (7.78 MB)
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