What is this book about?
Startup Taiwan: Foreigners Business Guide is an attempt to offer a balanced yet comprehensive guide on setting up a business in Taiwan, with a focus on only the crucial pieces of information that foreign entrepreneurs need.
As Taiwan gains the attention of the international community because of its consistent top-ranked standard of living, landmark policies, and more recently its impeccable model of handling the coronavirus, more foreigners are seeing Taiwan as a place for opening up new businesses.
To be sure, the government has intensified its efforts to lure top-tier foreign talents in a bid to shore up Taiwan’s economy by making it more innovative and knowledge-based. Improved regulations are in place and regularly revisited – covering visas, employment, residency, health insurance, taxes, pensions, and many other subject under the Act for the Recruitment and Employment of Foreign Professionals.
To avoid the same pitfalls faced by some guidebooks about founding a business in Taiwan, Startup Taiwan makes sure that it covers not only views from the government, but also exclusive interviews with key resource persons from the private sector and foreign startup founders on their experiences and challenges while establishing their business here. We covered more than 21 interviews that were included in section case studies, conducted informal surveys of various online foreign groups, and consulted with existing papers and websites on setting up a business in Taiwan – all to offer you a fuller picture of what is going on in the startup scene here.
This book is for you if:
You have an entrepreneurial spirit with a desire to start a business as a foreigner living in Taiwan because you thought you’d just be here for a vacation and now this country interests you as one of the safest countries to live in for foreigners and the right environment for your dream of starting a business.
You are holding a resident certificate and want to continue to live here legally because you no longer want to teach English or do English copywriting jobs for Taiwanese companies a.k.a. “English marketing” anymore, even though admittedly such a job is decent and benefits the future of Taiwan.
You are fresh out of a Taiwan business school and instead of applying for a job here or back home, you prefer to start your own business in this country.
You are having a hard time finding a job because you are from a non-preferred English-speaking country (for teaching English or English copywriting) but feel you can thrive by offering your expertise either with real marketing or some other technical background that you acquired from your home country.
You are considering Taiwan for your plans to live outside your current home country because Taiwan has been in the news lately as a model country and with high standards of living, perfect for your plans to set up your dream business.
You are a policy maker. After learning that this book has some juicy stories from startup founders, you want to read them and see how you could streamline the current policies and procedures.
What’s in it for the author?
There really is no money for writing a book, unless your book contains Harry Potter and the like. Even with the previous book that I co-authored, Cyberpreneur Philippines, a finalist for national book awards (clearing my throat), I didn’t make much.
This book is inspired only with sincere intentions to help fellow foreigners here in Taiwan, and help promote an underrated country in the international stage. The unbiased approach in writing this book is from my decade of experience as a business journalist with earned recognition (clearing my throat once more).
I can relate to this book. I came to Taiwan to pursue an MBA degree at the National Taiwan University (NTU) back in 2009, found myself in love with this country, and struggled to stay legally. I knew I wanted to start my own business, having one back home with my antique shop, but I didn’t know where to start. I observed that while government policies such as in the obtaining of information have improved over time, one key element is still lacking: the effective communication of these new policies, for optimal benefit to the economy.
What’s in it for me? My bigger purpose is to provide an educational platform for entrepreneurs from developing countries through my startup, MillionDC. This book, for example, is educational material for entrepreneurs seeking to flourish in Taiwan. At MillionDC.com, we hope to provide more tailored educational materials for countries such as the Philippines, my home country, and Indonesia which is close to my heart. Meanwhile, apart from the guides in starting a business in Taiwan, I have also dedicated two chapters about our experiences while building MillionDC and I think these would be useful for a founder who is solidifying his business concepts.
If you find this book useful, please promote it to your friends and network on social media using the hashtag #StartupTaiwan. This is our digital campaign that will direct the attention to the bigger goal of promoting Taiwan to foreign talents, even to those global Taiwanese who are considering coming back home.
Paolo Joseph L. Lising,