To nurture a better and transparent investment and business environment and keep pace with international trends, Taiwan government has been engaging in deregulation and amending its legal system related to foreign investment, commercial operations and the development of innovative technologies in line with the changes in the current status of domestic development and the international economic situation through the years. Extensive promotion of free economic principles is accelerating the flow of people, goods, funds and information. With the advantages of democratic freedom, high-quality innovated talent, global IT industrial clusters and high internet penetration rate, Taiwan is the ideal investment choice for international investors.
In recent years, Taiwan government has brought major breakthroughs in Taiwan's deregulation, especially in opening up the financial market, normalizing crossstrait economic and trade relations, making relevant laws and regulations more comprehensive, rejuvenating human resources, and improving the business and investment environments. Taiwan government expects to bring the legal stances of different ministries closer together and carry the Taiwanese regulatory system in line with the rest of the world to make it more efficient to put the island in a better position to join the Trans-Pacific Partnership (TPP), the Regional Comprehensive Economic Partnership (RCEP), and other international economic and trade organizations and further boost its economy.
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