Exporting guide to



Taiwan is an advanced, high-tech economy with a strategic location in the Asia Pacific region. It has modern infrastructure and its banking, insurance and securities sectors are being liberalised.

Stable business environment

Taiwan is a stable market economy that showed robust growth in 2020, despite the global impact of COVID-19. The Taiwanese are well-educated, with 45% of people aged 25 to 64 holding a bachelor’s degree or higher.

High-tech world leaders

Taiwanese firms are world leaders in high-tech manufacturing sectors such as semiconductors, laptops, servers, and smartphone components. Taiwan is also home to the contract manufacturing giants TSMC and Foxconn. Decades of investment and research has given Taiwan a central position in global technology supply chains.

Future strategic industries

In 2020, Taiwan outlined its ‘Six Core Strategic Industries’: digital technology, cyber security, medical technology and precision health, green and renewable energy, national defence and strategic industries, and strategic stockpile industries. These industries are aligned with the UK’s 2021 ‘Build Back Better’: the UK plan for growth.

Taipei at night

Taiwan: at a glance


New Taiwan dollar

Business language

Mandarin Chinese

You may need a translator

Time zone

GMT +8

Want to see more on Taiwan? Sign up for additional market data, content specific to your product or sector and to compare Taiwan side by side with other markets.

Opportunities for exporters

There are opportunities for UK companies across a broad range of industries. Our trade advisers in Taiwan have identified opportunities for UK businesses in the following sectors:

Check for trade barriers

Trade barriers, such as tariffs or taxes, can raise costs, cause delays, or even stop you from exporting. Check for any issues that may impact your business when exporting.

See current trade barriers

See resolved trade barriers

Check duties and customs

Find information on how to export goods from the UK. View the duties, rules, restrictions, and the documents you need for your products.

See current duties and customs procedures

Doing business in Taiwan

Preparing to export


If you’re registered for VAT, it may be possible to zero-rate the goods you export to Taiwan, provided certain conditions are met.

VAT is applicable to general industries at a rate of 5%. For more information, see the website of the Taiwanese Taxation Administration, Ministry of Finance (in Chinese).

Import duties

For information on import duties, see the Taiwan Customs Administration website.


Agricultural, industrial and mining products must follow requirements set by the Bureau of Standards, Metrology and Inspection (BSMI).

BSMI also inspect imported agricultural, fishery and food products. You can find more information on the Ministry of Health and Welfare website.

Corporate tax

The corporate income tax rate is 20%. For more information, visit Taiwanese Taxation Administration, Ministry of Finance.

Operating in Taiwan

Intellectual property

Intellectual property (IP) rights are territorial and rights granted in the UK do not provide protection elsewhere. You should consider getting IP protection abroad if you want to trade overseas or sell to overseas customers via the internet.

The Intellectual Property Office provides practical information to help you protect, manage and enforce your IP abroad. Further support for British businesses can be found through a network of IP attachés, based in key UK export markets.

Payment terms

Your contract will specify the terms for payment. If there’s any dispute, you’ll need to go through the Taiwanese legal system to resolve it. You can contact the Department for Business and Trade Team at the British Office in Taipei to help you find a local financial adviser.

Market access

There are market access barriers in particular sectors such as lamb and offshore wind. For more information on market access visit Trade Barriers in Taiwan.

The UK has no formal diplomatic relations with Taiwan so limited consular services are available to British nationals.

In addition, you should be aware of the ‘Guanxi’ element of doing business, which is based on mutual interest or benefit.

Geographical considerations

You should be aware that Taiwan is in an earthquake zone. You may also find that business can be impacted by typhoons from May to September. High-tech manufacturing was also impacted by a water shortage in 2021.

Next steps

Contact us

Get ready to do business abroad

Step-by-step lessons to accelerate your exporting ability.

Read more
Contact us

Find the answers to your exporting questions

Get instant help from our online services and how-to articles or contact our Export Support Service to access our wider network of support.

Find answers

Something went wrong. Please try again.

Was this page useful?

Thanks for letting us know

Can you tell us why this page was useful?

Do not share any personal or commercially sensitive information.


Thanks for letting us know

Can you tell us more about your feedback?

Do not share any personal or commercially sensitive information.


Thanks for your feedback