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Economic Department

The Economic Department actively promotes trade between The Netherlands and Taiwan by providing information, support and practical advice to Dutch entrepreneurs who want to do business in Taiwan. The Economic Department also provides services for Taiwanese businesses who want to import from The Netherlands.

Doing Business with Taiwan

The NTIO can help you get started on finding a Taiwanese business partner and identifying your markets.

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Doing Business with The Netherlands

Help with rules and regulations, access to support networks, business partner scans and much more.

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Trade between The Netherlands and Taiwan

Taiwan and the Netherlands are both small export-oriented countries with over 400 years of trade relations.

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CROSS-STRAIT RELATIONS AND TRADE DIPLOMACY IN EAST ASIA: TOWARDS GREATER EU-TAIWAN ECONOMIC COOPERATION?

A new Clingendael Report about the recent developments in relations between Mainland China and Taiwan has been published. The report, which is partially sponsored by the NTIO, investigates the economic and political benefits for Europe, and provides reason for the EU to open talks with Taiwan. You can view and download the report directly from the Clingendael website.

Clingendael (The Netherlands Institute of International Relations) is the leading Dutch think tank and diplomatic academy on international affairs. The institute provides public and private sector organisations with in-depth analysis of global developments in the fields of economic diplomacy, international security and conflict management.

Doing business with Taiwan

About Taiwan

Taiwan is about the same size as the Netherlands, has with around 23 million citizens a slightly bigger population, and is like the Netherlands an export driven economy. Another similarity with the Netherlands is that over 80 percent of the Taiwanese economy exist of small- and medium-sized companies, and that the majority of the economy consists of services.

Taiwan is one of the ‘Asian tigers’, together with Singapore, Hong Kong and South Korea, which successfully underwent the change from an agricultural based economy, to a manufacturing driven economy, to a developed ICT hub.

Taiwan enhances strong ties with the international business community and is an open economy, where about 40% of all consumer products are imported. Taiwan has been a member of the WTO since 2001, and is the world’s leading supplier of computer chips, responsible for the production of about 90% of the world’s computer chips.

Taiwan welcomes international trade and receives high rankings from the World Bank for its ‘Ease of Doing Business’, because of its strong legal environment with protection of Intellectual Property Rights, high educated human capital and good business facilities.

Taiwan is not a big market but easily accessible with high levels of disposable income. Due to the similar cultural and linguistic background with mainland China, Taiwan is also the biggest investor in mainland China, and actively promotes itself as a springboard to the emerging mainland Chinese market.

Taiwan, has three main cities. Taipei, Kaohsiung and Taichung. Taipei is the main commercial, political and cultural centre, Kaohsiung is industrial hub with the biggest port of Taiwan. Taichung in the middle of Taiwan, is known as the bicycle capital of the world. Finally the cities of Hsinchu, the IT hub of Taiwan, with the highest GDP growth in recent years and Tainan, the former capital, are noteworthy.

How can we help you?

The Economic Department is supporting Dutch companies and entrepreneurs actively in exploring and entering the market in Taiwan. We are your first point of contact when going to Taiwan and we can help you with our knowledge about the Taiwanese market and our extensive network of companies, trade associations, and government organizations.

We invite you to contact us with your questions about doing business in Taiwan. To get an idea of our most frequently offered services please see this shortlist:

  • Answering questions about import and export to Taiwan
  • Matchmaking – connecting Dutch & Taiwanese business partners
  • Providing market information about Taiwan
  • Providing information about (economic) developments, business environment, and relevant legislation in Taiwan
  • Assisting in organizing business delegations and trade fairs in Taiwan
  • Advisory talks with Dutch entrepreneurs new to the Taiwanese market

The staff in the economic department is ready to help you with all your questions about Taiwan. Please contact us at:

Tel. +886-2-8758 7200 ext. 225, 226. or 227
e-mail: trade@ntio.org.tw

We are looking forward to your e-mail!

Tailor-made market information (Business Partner Scan)

Dutch companies looking for business partners (agents, distributors, suppliers, or customers in Taiwan) may apply for a business partner scan at Netherlands Enterprise Agency (RVO NL).

After an intake at the RVO to formulate the profile of a potential partner, the Economic Department of NTIO will select and contact potential partners for you.

More information about the business partner scan can be found here or by contacting the International Business Advisory Desk of the RVO in The Netherlands at +31 (0) 88 042 42 42 or +31 (0)88 602 8060. You can also send your request by email to klantcontact@rvo.nl or contact the staff at the Ecomomic Department of the NTIO for further information.

Business events and activities

Together with our network partners, the Economic Department of the NTIO organizes business activities to increase business opportunities and to strengthen the position of Dutch businesses in Taiwan. We also organize Holland promotion event to promote The Netherlands in general.

For information about our recent activities, please visit our Facebook page

Links and resources

  • The website of The Republic of China Yearbook, gives you a comprehensive and cohesive overview of most fields of interest concerning Taiwan.
    http://www.ey.gov.tw/en/cp.aspx?n=BE8DFC05912B9563

  • The website of Bureau of Foreign Trade, Ministry of Economic Affair, provides relevant information regarding trade administration/regulations, trade promotion, and statistics.
    http://www.trade.gov.tw/

  • The “Invest in Taiwan” web portal provides a variety of resources and information designed to increase foreign investment in Taiwan. It provides comprehensive information about business opportunities, doing business, and success stories.
    http://investtaiwan.org

  • “Meet Taiwan” website is an integrated platform for MICE information of Taiwan, providing latest news to users. This website also offers a variety of services to MICE companies, including consultation, incentive packages and dissemination of business opportunities.
    http://www.meettaiwan.com/

  • “Doing Business with Taiwan” published by Taiwan External Trade Development Council
    http://ebook.greenpublishers.com/ebook/fvx/DoingBusiness.html

  • Taiwantrade is a global online trading hub designed to stimulate immediate access to B2B e-commerce for Small & Medium Enterprises (SMEs) and to help them gain a digital edge over their global competition. Sponsored by the Ministry of Economic Affairs in the Republic of China on Taiwan, Taiwantrade is administered by TAITRA (the Taiwan External Trade Development Council), Taiwan's largest non-profit trade promoter for more than 30 years.
    http://www.taiwantrade.com.tw/

  • Published by the European Economic and Trade Office, this is an ebook of “A Practical Guide to the Taiwanese Market: How to Export or Invest in Taiwan”, which provides a comprehensive view of Taiwan’s progressing economic environment, featuring the most up-to-date trade information and current trends on the island, from an European perspective.
    http://www.eeas.europa.eu/delegations/taiwan/more_info/publications/factfile_en.htm

  • The website of Business Directory of Taiwan where you can find more importers/exporters
    http://business.com.tw/

  • “Living in Taiwan” website is established for foreigners in Taiwan or foreigners visiting Taiwan in the future in order for them to adapt to the lifestyle in Taiwan and to improve their quality of life.
    http://iff.immigration.gov.tw/iffwelcome.asp

Trade Fairs in Taiwan

Websites with information on trade fairs and exhibitions in the Taiwan:

Doing business with the Netherlands

Important message for Taiwanese entrepreneurs

Please note that the NTIO does not provide direct support for Taiwanese entrepreneurs who want to export their products to The Netherlands, or who need specific information about the Dutch market. These entrepreneurs should contact the Taiwan Trade Center in Rotterdam for information and assistance, or contact their other relevant government organizations. See our links and resources sections for more information.

General information about The Netherlands

The Netherlands is about the same size as Taiwan and has with around 17 million people a slightly smaller population than Taiwan. The Netherlands is also often informally referred to as Holland, which is because its two most important provinces are called North and South Holland. The official name however, is The Kingdom of the Netherlands.

The Netherlands is best known for its tulips, windmills and wooden shoes. However, the Netherlands has much more to offer; the Netherlands is one of the world's leading trading nations and is strong in key areas such as chemicals, electronics, maritime engineering, energy, water, infrastructure and creative industries. Yet the most important industry in the Netherlands is its agro-food and horticulture industry. The Netherlands is the largest flower and bulb exporter and the second largest agricultural exporter in the world.

Like Taiwan, the Dutch economy is driven by export, as the Dutch market is too small on its own. The Netherlands has about 70% of the national GDP is earned abroad. The Netherlands attaches great importance to international business, and as such is actively welcoming foreign businesses to come and do business with the Netherlands.

How can we help you?

The Netherlands Trade & Investment Office can help you with trade requests about importation of products/services from the Netherlands to Taiwan. For the trade requests about exports to The Netherlands or specific information about the Dutch market, please contact the Taiwan Trade Center in Rotterdam or the Taipei Representative Office in the Netherlands for information and assistance. See our links and resources section for more information.

Trade fairs in The Netherlands

Websites with information on trade fairs and exhibitions in the Netherlands:

Key sectors in Taiwan


High-Tech Industries

Did you know that around 90% of the world’s computer chips are made in Taiwan? Because of its strengths in OEM wafer manufacturing, plus a complete supply chain for the industry, Taiwan has one of the strongest semiconductor industries in the world. The high-tech industry is the most important sector of the Taiwanese economy today, and responsible for a about 35% of the Taiwanese exports.

Click here for the video of the Holland High Tech Pavilion at the 2015 SEMICON


Biotechnology

Biotechnology has become an important sector for scientific research, technology innovation, and industrial development in Taiwan, with strong government support.


Medicine and Health Care

Taiwan has been very active in perfecting existing healthcare systems and incorporating new applications and ideas, as well as stimulating ground-breaking research.


Culture and Creative Industries

The stimulation of the cultural and creative industries in Taiwan is a key national policy, with the National Development Fund investing $10 billion in cultural and creative industries-related businesses in the form of venture capital.


Tourism

Tourism is one of the major industries and it significant contributes to the economy of Taiwan, with the number of foreign visitors coming to Taiwan increasing every year.


Green Energy

The market share of renewable energy in Taiwan is approaching 10% of the national electricity generation, and the industry sector is rapidly developing in scope and size.


High-end Agriculture

New products, new production techniques, as well as traditional skills and local expertise are key to the "high-end" agribusiness in Taiwan, which focuses on exploring new business opportunities.

Key sectors in the Netherlands

Creative Industries

The Dutch creative industry is currently gaining considerable international acclaim and has particularly strong profiles in interior design, gaming, fashion, and architecture.

Chemical Industries

Holland is one of Europe's leading suppliers of chemical products and services. Important raw materials are available or easy to supply while an extensive transportation network provides access to Europe and beyond.

Energy

The Netherlands has a strong standing in the areas of renewable energy and energy efficiency and a leading position in wind energy at sea, biomass processing and greenhouse farming.

High-Tech Industries

High-tech industries in the Netherlands are among the most innovative in the world, thanks to state-of-the-art facilities and cutting-edge research and development. Dutch technological know-how and products are much sought-after and are exported worldwide.

Horticulture

The Dutch horticultural sector is a global trendsetter supplying markets the world over, as well as being a leading innovator greenhouse technology.

Life Sciences

With strong links between industry and academia, focused clusters, and strong chains linking research to product and business creation, the Dutch Life Sciences & Health sector competes on a global scale.

Logistics

Holland plays a key role in the global economy. Its success is based on its sophisticated logistical infrastructure, world-class service providers and strategic location at the heart of Europe.

Water Management

Over the decades, the Netherlands has developed sustainable systems for the production and supply of water and for the collection, treatment and partial reintroduction of "used" water into the system.

Trade relations between the Netherlands and Taiwan

OUR TRADE IN PERSPECTIVE


The Netherlands and Taiwan are both small export-oriented countries which have a long-standing trade relation. In fact, over 400 years ago, the Dutch East Indies trading company arrived at the island of Formosa, where it opened a trading post in the city of Tainan.

The highlights below summarize the strong economic connection between the Netherlands and Taiwan:

  • The Netherlands is the largest European investor in Taiwan.
  • The Netherlands is the 2nd largest trading partner from the EU in Taiwan.
  • The Netherlands is the 15th largest trading partner worldwide in Taiwan.
  • The Netherlands is the first investment destination of Taiwan in EU.
  • Amsterdam – Taipei is the only daily direct flight between Taiwan and Europe.
  • An important agreement for the avoidance of double taxation was signed between the Netherlands and Taiwan in 2001, greatly facilitating exchange and mutual cooperation.
The majority of products which are exported from the Netherlands to Taiwan fall into the following categories:
  • Machinery
  • Manufactured goods
  • Transport equipment
  • Chemicals

Useful links and resources

General Information about The Netherlands

For visitors to The Netherlands
(Site of the Netherlands Board of Tourism, and Conventions (NBT)

For visitors to Amsterdam

For visitors to The Hague

Visitors to Rotterdam

 Keukenhof
(Holland’s most famous flower park, open from March till May)

Expat Service for foreigners coming to live in The Netherlands

Administrative Committee to Coordinate English-Speaking Services
 (located in The Hague, offering help and advice to English speakers living in The Netherlands)

Answers for Business: finding your way in Dutch rules, permits and subsidies
Answers for Business is the starting point of the Dutch government for entrepreneurs. See at a glance which rules, permits, taxes and subsidies apply when you do business in the Netherlands.

Economy, trade and commerce

Statistics

Statistics Netherlands

De Nederlandsche Bank (the Dutch Central Bank)

Associations, Organizations

Royal Association MKB-Nederland
(With some 135 trade organizations and 250 regional and local business associations)

The Netherlands Chamber of Commerce
manages the trade register, provides Dutch entrepreneurs with information,stimulates regional trade & industry and advises local and regional government)

Netherlands Business Directory

ABC NL

Yellow Pages (Gouden Gids)
Business Guides, Shops, Phone numbers, and Addresses

De Telefoongids
Netherlands Telephone Directory (in Dutch)

Answers for Business

Trade Fair Centers

RAI Exhibition Center

Trade Fair in the City of Utrecht

MECC Maastricht Exhibition and Congress Centre

M+A ExpoDataBase

Tradeshows Netherlands

Trade Shows & Events in the Netherlands

Economic Policy

Netherlands Bureau for Economic Policy Analysis

Netherlands Patent Office
An agency of the Ministry of Economic Affairs, responsible for granting patents in the Netherlands, and for the distribution of knowledge from patent literature.

ACM - The Netherlands Authority for Consumers and Markets
The Authority for Consumer and Markets (ACM) follows the latest market trends and developments for consumers and businesses. Specifically, ACM looks at the energy, telecommunication, transport, and postal industries. Along with tracking markets and industries, the ACM holds dialogs with business and consumers, advise consumers, and enforces numerous acts and pieces of legislation.

Finance and Taxation

Finance

Ministry of Finance

Dutch Central Bank

Dutch State Treasury Agency

The Netherlands Authority for the Financial Markets (AFM)

Taxation

Taxation in the Netherlands

Avoidance of Double Taxation between Taiwan & The Netherlands

Press release May 31, 2001 (In Dutch): Op 27 februari jl. hebben het Netherlands Trade and Investment Office te Taipei en het Taipei Representative Office in the Netherlands een overeenkomst gesloten ter voorkoming van dubbele belasting in de relatie Nederland en Taiwan. Deze overeenkomst tussen beide offices is op 16 mei 2001 in werking getreden.
Ter uitvoering van deze overeenkomst hebben staatssecretaris Bos van Financien en minister Korthals van Justitie 25 april jongstleden het besluit 'voorkoming dubbele belasting Nederland en Taiwan' (stb 213) genomen. Dit besluit is genomen op basis van wederkerigheid. Vandaag is het Koninklijk Besluit ondertekend, waarmee geregeld is dat het besluit van 25 april per 16 mei 2001 inwerking treedt. Het koninklijk besluit verschijnt 7 juni 2001 in het staatsblad (stb 256).

Customs

The Dutch Customs Service

Taxation and Customs Union in the European Commission

Exporting to the EU

ATA Carnets
The ATA Carnet is an international customs document that permits duty-free and tax-free temporary import of goods for up to one year.

Agriculture & Food

Please visit the extended links section on our website's Agriculture and Food page for a comprehensive list of many useful websites.

Media

Radio Netherlands World Service
(Dutch and international news)

Het Financieele Dagblad
(a Dutch financial newspaper, has an English edition with the International Herald Tribune; the website however, is in Dutch)

News sources from and about the Netherlands
Portal with online Dutch and foreign newspapers, broadcast stations, internet services, magazines and press agencies

Dutch Media Authority
The Dutch Media Authority, called Commissariaat voor de Media (CvdM), upholds the rules which are formulated in the Dutch Media Act as well as in the regulations based on this act, for example the Media Decree.

Government.nl
The Netherlands Government Information Service’s (RVD) English-language site provides a daily selection of government news, plus background information on government policies and members of the Cabinet.

Expatica.com: the Dutch News section
The Dutch News section of this English-language site for expatriates offers comprehensive daily coverage of the main stories in the Dutch media, as well as feature items and editorials.

The staff of our economic department is ready to help you with all your questions.

Please contact us at +886-2-8758 7200 ext. 225, 226 or 227
or mail us at trade@ntio.org.tw