Linking to the World
Neighboring Taiwan to the west is the world's second-largest economy, Mainland China.
To the north is world's third-largest economy, Japan, and to the south are the 10 states of the Association of Southeast Asian Nations.
Taiwan's excellent location places it in an ideal position to compete economically in Asia.
Lower corporate income tax and business tax
Taiwan companies enjoy a lower income tax rate of 20% which is lower than its neighbors such as Japan, Korea and China. For business tax, Taiwan consumers also enjoy a lower business tax rate of 5% compared to 8% of Japan, 10% of Korea and 7% of Singapore.