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FOREIGN FIRMS: DEREGULATION VITAL FOR INVESTMENT IN TAIWAN.
TAIPEI, Sept 1 Asia Pulse - International corporations investing in Taiwan suggest that transparency and simple laws and regulations are vital to the improvement of Taiwan's investment environment.
Nearly half of the foreign companies in Taiwan answering a questionnaire on the island's investment environment were not satisfied with the administration's performance in processing investment applications, and 45 per cent said that the existing taxation system and administrative regulations have confined their operations and business growth.
The survey was conducted by the Chinese-language magazine Global Views Monthly among members of the American Chamber of Commerce in Taiwan, the European Chamber of Commerce Taipei, and some companies listed on the Taiwan Stock Exchange.
According to the survey report, 68.5 per cent of the companies replying to the questionnaire suggest that deregulation is of top ...
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Source: HighBeam Research, FOREIGN FIRMS: DEREGULATION VITAL FOR INVESTMENT IN TAIWAN.