RileySENTINEL Country Risk Report: Taiwan

Country Report

Photo by Tom Ritson / Unsplash

Last Update: June 6, 2023

Assessed Risk Level: Moderate

Government and Political Context

Taiwan, known formally as the Republic of China (ROC), remains independent from the People's Republic of China (PRC). This issue of independence dominates Taiwan's domestic and foreign policies, keeping relations with Beijing tense. Nevertheless, open conflict is unlikely. Taiwan's stable political regime, low corruption, and strict adherence to the rule of law allow for a steady operational environment. Periodic allegations of authority abuse and arbitrary law implementation do arise.

Security Overview

There are limited security concerns affecting travel or business in Taiwan. While tensions with the PRC persist due to the island's status, the likelihood of escalating threats remains unlikely, however, international businesses and entities are urged to enact contingency plans. Crime, terrorism, and unrest are minimal and not expected to surge in the short term.

General Operational Assessment

Taiwan's robust export-oriented industry spurs rapid economic growth, with a densely urbanized population primarily on the west coast. The infrastructure is reliable, ensuring safe air and overland travel. While the electricity supply, mobile data, and internet connectivity remain stable, cybercrime could affect business operations.

Environmental Hazards

Taiwan is susceptible to natural disasters, including tropical storms, floods, landslides, and earthquakes. Although the typhoon season (June-October) and monsoon season (May-September) pose significant threats, government investment in emergency preparedness and recovery programs help to mitigate these risks.

Health and Medical Considerations

The primary health risk is mosquito-borne diseases, particularly dengue fever, especially in southern Taiwan. Modern medical facilities and well-stocked pharmacies are accessible throughout the island, with most services concentrated in major cities and administrative centers.

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