Page 15 - 2023 BRAVO! TAIWAN – Your best investment choice

Sound Intellectual Property on foreign enterprises that seek to raise capital and
Protection simplifying fundraising administrative procedures.

Taiwan's intellectual property laws are open and In terms of direct financing, the cost of listing on an
transparent. Not only do they meet the basic guidelines exchange or over-the-counter market is lower in Taiwan
established under international treaties, they have than in Hong Kong or China. The price-earnings ratio
also undergone revisions in response to business and and price-to-book ratio of shares are fair, and liquidity Business Climate
international intellectual property law developments. is good. As of the end of 2021, there were 78 foreign
Furthermore, Taiwan continues to strengthen the companies holding primary listings in Taiwan, and 32
efficiency and quality of the patent and trademark foreign companies with a primary OTC listing. The
application review process while also optimizing online promotion of Go Incubation Board for Startup and
application and status tracking systems to provide Acceleration Firms (GISA) and the opening of equity
companies with even better service. funding, as well as the inception of Taiwan Innovation
Board (TIB) and Pioneer Stock Board (PSB) in July
Taiwan has established an intellectual property and 2021, will further diversify Taiwan's financing channels.
commercial court, for the adjudication of intellectual
property cases, and an IPR police force dedicated to In terms of indirect financing, Taiwan's high savings rate
counterfeit and piracy investigations. In response to is a source of abundant capital and its low interest rates
technological advancements and in order to bolster reduce the cost of financing. Incentives offered to banks
protection of trade secrets, Taiwan has focused that provide loans to SMEs and key startup firms make
especially on enhancing professional training for bank financing services further available to businesses
relevant law enforcement. As such, Taiwan has a of all types and sizes.
comprehensive system for IPR protection, and the
overall climate is friendly towards IP holders. In this A Diverse Culture of Innovation
area, Taiwan has fielded praise from multinational
corporations and IPR organizations. Taiwan boasts a thriving R&D sector. Innovative
elements bring worldwide popularity to its high-tech
In 2010, Taiwan and Mainland China signed the "Cross- consumer electronic products, chain store services,
Strait Agreement on Intellectual Property Rights bicycles, pearl milk tea and Chinese-language music.
Protection and Cooperation", which provides an official
channel for Taiwanese to apply for and claim patents, The World Economic Forum (WEF) has listed Taiwan
trademarks and plant variety rights. An official working as an innovation-driven economy. In the 2019 WEF
group and platform have been set up to ensure the Global Competitiveness Report's innovation pillar,
operation of the dispute resolution mechanism and help Taiwan was ranked 4th globally and No.1 in Asia,
Taiwanese businesses protect their intellectual property in terms of company R&D expenditure investment
rights in Mainland China. levels, Taiwan was ranked 5th globally. In the Global
Entrepreneurship Development Institute's Global
Taiwan is actively expanding international exchange Entrepreneurship Index report, Taiwan was ranked 11th
and cooperation in the area of intellectual property and in terms of Entrepreneurial Aspirations. These rankings
maintains close ties with the various institutions, chambers show that whether in terms of actual company R&D
of commerce and organizations representing intellectual expenditures or entrepreneurial aspirations, Taiwan is
property rights holders. The government is also happy among the countries leading the way forward. They
to receive progressive and constructive feedback with also show that, coupled with Taiwan's industry cluster
regard to intellectual property protection so that we may development and its long-term competitiveness (5th in
establish a positive intellectual property environment and the WEF global competitiveness index report), these
provide businesses with safeguards with regard to their factors have fostered a diverse and innovative local
R&D and innovations, which in turn boosts business culture and excellent environment. Aside from this,
opportunities and economic development. Taiwan also has more than 10 technology research
institutions, including Industrial Technology Research
A Friendly Fundraising and Institute and the Institute for Information Industry,
Financing Environment which are not only responsible for leading the island's
industrial development but also for cultivating a large
Abundant capital, stable exchange rates, and relatively number of science and technology research and
low interest rates and capital costs make Taiwan a development talent, making them ideal partners for
friendly environment for fundraising and financing. Policies foreign companies seeking to enter the Asia-Pacific
to attract foreign investment include relaxing restrictions and global markets.

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