Q2 : How to set up a representative office in Taiwan? What is the process for a representative office to establish a relation in Taiwan?
A : To set up a representative office in Taiwan, first determine your budget, which depends on your goals. Then rent an office, hire a director, and fill in a template form for MOFA to get a recognition certificate, which helps with rental subsidies.
Q3 : What is the overall budget for a representative office in Taiwan?
A : The overall budget for a representative office in Taiwan varies, typically ranging from half a million dollars or more.
Q4 : How to find your counterpart for your office in Taiwan?
A : Finding your counterpart in Taiwan can be done through local headhunters, RFP, government endorsements, networking, or retired/experienced agency workers.
Q7 : How many state offices are planned to be established in Taiwan in the near future?
A : As of September 2023, a total of 16 state representative offices have set up their bases in Taiwan, 7 more representative offices can be expected in the coming months.
Q8 : What are the challenges for offices in Taiwan to find companies to invest in the U.S.?
A : Challenges for offices in Taiwan to find U.S. companies to invest in include varying state advantages, industry alignment, cultural differences, marketing efforts, competition among states, regulatory/legal considerations, and economic conditions.
Q11 : What is the cost of joining ASOA?
A : The membership fee is assessed annually and is determined by a vote among existing members. Typically, it amounts to around USD 400 and is required to be paid each year.