Page 46 - 2023 BRAVO! TAIWAN – Your best investment choice

logistics, container distribution, transshipment,
transfer, contracted transport, customs clearance
services, assembly, consolidation, packaging, repair,
fitting, processing, manufacturing, inspection, testing,
exhibition, and technical services. Firms can operate
in free trade zones in the form of subsidiaries, offices,
or operating departments. When foreign cargo enters
or is stored in a free-trade zone, and when cargo
is exported overseas from a free-trade zone or
transferred to another free-trade zone, only a report
must be made, and the movement is exempt from
review and inspection. Firms in free-trade zones
may engage in a wide range of businesses, such as
LME non-ferrous metals storage and transit, sea-air
intermodal transport, cross-border e-commerce, and
overseas warehousing and distribution. Taiwan can
Science Parks take advantage of the benefits of its free trade zones

Science parks established in Hsinchu and in central to attract cargo bound for transfer and induce firms
and southern Taiwan serve as foundations and clusters to establish distribution centers in Taiwan. Firms can
for high-tech industries. These parks have contributed also employ a "store in front, factory behind" operating
to Taiwan's global recognition as a hub for high-tech model to engage in collaboration with firms outside the
industries. free trade zone, which will serve to diffuse free trade
zones' advantages to other others. Successful win-win
The land and facilities in science parks are available "store in front, factory behind" business models can
only on a lease basis. achieve the goal of diversified operation and facilitate
Hsinchu Park Integrated circuits, expansion.
Zhunan Park computers and
Hsinchu Tongluo Park computer peripherals, Agricultural Technology Parks
telecommunications,
Science Longtan Park photonics and
Parks Hsinchu optoelectronics, Taiwan currently has two industrial parks focusing
Biomedical Park precision machinery, and on agricultural technology, namely the national-level
Yilan Park biotechnology Agricultural Biotechnology Park and Tainan City's
Taichung Park Precision machinery Taiwan Orchid Plantation, which is managed by the

Central Houli Park industry, optoelectronics Ministry of Agriculture as of January 1, 2023. These
industrial areas have successfully developed into many
Taiwan industry, integrated circuits
Science Huwei Park industry, computer and industry clusters of natural products, aquaculture,
Parks Erlin Park peripherals industry, agricultural materials, livestock biotechnology, biotech
communications industry,
Chung Hsing Park and biotechnology industry research and development, and agricultural facilities.
In addition, hardware and software advantages (e.g.,
Tainan Science a one-stop administrative service platform, bonded
Park, Kaohsiung zones with tax incentives, convenient one-stop import/
Science Park, Photonics and export customs clearance, low-interest loans, funding
Ciaotou Science
Southern optoelectronics, integrated for R&D and industry-academic collaboration, standard
Taiwan Park, Chiayi circuits, precision biotech plants, logistics centers, multifunctional
Science Science Park, machinery, biotechnology, warehouse areas, and training centers) have attracted
Parks Pingtung Science ICT, and computer
Park, Nanzih peripherals agribusinesses to lease land to build their own plants
Technology or to lease standard biotech plants from the parks,
Industrial Park (in thus forming industry clusters. The vision of the
planning)
Free Trade Zones

Taiwan has begun designating free trade zones,
and currently has 6 sea port free trade zones and
one air port free trade zone. Free trade zones allow
19 varied services, including trading, warehousing,

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