精英、精隼、精明

Lucille Wu IMC Group - President

Doing Business in Taiwan

Taiwan – Taipei, Hsinchu, Taichung, Kaohsiung China – Shanghai, Beijing, Tianjin

Impression of Taiwan

● Delicious food

● Building

● Medical

● Landscape

● Culture

● Freedom and

democracy

● Traffic

……………………….

(Source ； Ministry of the Interior, R.O.C. )

● Business Environment

● The Economy & Foreign Investment

● Opportunities for SMEs or Large Enterprises

● Talent Characteristics

● What You Should Know

Agenda

Business Environment

Extensive Infrastructure

(Source ； Ministry of Economic Affairs, R.O.C.)

A Day of Business Circle

(Source ； Ministry of Economic Affairs, R.O.C.)

Taiwan, a safe & friendly place to live

(Source ； AmCham-2014 Business Climate Survey)

● Taiwanese people are extremely nice.

● My family feels safe in Taiwan.

● Taiwan is an easy country to live in.

● Taiwan provides quality Health/Medical/Dental services.

● Alternative transportation options are usable (i.e., buses, bike lanes, taxis, trains, sidewalks).

● Taiwan provides adequate shopping opportunities.

● Taiwan delivers reliable electricity.

● Mobile telephone coverage is excellent.

● The postal service is excellent.

The Economyand

Foreign Investment

GDP growth rate

(Source ； Chung-Hua Institution for Economic Research)

(%)

Economy is steadily growing.

(%)

Unemployment rates

(Source ； Directorate-General of Budget , Accounting and Statistics, Executive Yuan , R.O.C)

The employment market is getting better and better.

Foreign Investments in Taiwan

(Source ； Investment Commission, MOEA)

Approved Foreign Investment(USD$, thousands)

Opportunities for SMEs or

Large Enterprises

Organization Forms of Enterprises

(Sources: 1. Ministry of Finance Tax Data Center, VAT Data for 2011 、 2012)

Units: enterprises ;%

Industry of Foreign Investment and SMEs' Sales Distribution

SMEs’ Sales DistributionIndustry of Foreign Investment

(Source ； Ministry of Finance Tax Data Center, VAT Data for 2012)

(Source ； Investment Commission, MOEA)

Talent Characteristics

Clients’ feedback on Taiwanese Candidates

● 100% of knowledge but can only express 70% verbally

● Limited English ability, Technical candidates in particular

● Willing to do their best on work

● Not very good at managing their boss

● Concerns family a lot, put family first

Quality of Taiwanese Candidates

Good Qualities

Need Improvement

(Source ； AmCham-2014 Business Climate Survey)

Environment of Developing Talents

Give projects beyond their current responsibilities

Be there, provide support to success

Engage in oversea activities

Attend higher level of manager meetings

Talent Talent DevelopmentDevelopment

What You Should Know

Impact Factors

● Governmental bureaucracy/structure

● Inconsistency of exercising the laws

● Quick changes in local demand

● Inadequate/out-dated laws

(Source ； AmCham-2014 Business Climate Survey)

Local Cultures

● Importance of Face & Dignity

● "Guanxi,“ the connections and relationships

● Communication comes with body languages

● Unorganized meeting schedules

● A custom of Multitasking

● Very conservative

● Slow on decision making

精英、精隼、精明

Lucille Wu, +886 2 2578 2420, lucille.wu@jobnet.com.tw

Your Business Partner in Human Capital

Taiwan – Taipei, Hsinchu, Taichung, Kaohsiung

China – Shanghai, Beijing, Tianjin

Thank You