Since 1980s, the biotechnology industry has been a key development project in Taiwan. Taiwan government has been aggressively promoting the development of the biotech sector, for which it has established programs to support the growth and development of the industry. First in 1995, Executive Yuan established the Promotion Plan for the Biotechnology Industry, which aims to create a well-rounded environment for industrial development. In order to boost the competitiveness of Taiwan’s biotech industry, Executive Yuan in 2009 also declared “Biotechnology Takeoff Package”, which aims to close the gaps in the industrial value chain and spark the takeoff of biotech industry. Currently, Taiwan’s biotechnology industry development could be categorized into the following : pharmaceuticals, medical devices, emerging technologies, as well as agricultural biotechnology. Additionally, due to aging population in Taiwan, long-term care services industry also becomes an important business opportunity.

Biotechnology industry usually has a long R&D phase. During the R&D process, biotech industry also experiences a higher failure rate than other industries do. These factors make biotech a highly challenging business. The development of Healthcare industry is related to the social welfare and national health. Therefore, the Healthcare industry should be developed by integrating various aspect of service from government, from financial to legal.

The professional services that KPMG could provide biotech and healthcare companies include the following:

 

Healthcare Industry Professional Services

While the social welfare and national health should both be the main concern during the development of Healthcare industry, it should also include the integrated services of compliance with policies and regulation, financial planning, professional operation of Healthcare organization etc. KPMG Biotech-Healthcare team can provide your company with our expertise having a full knowledge in Healthcare industry

• Integration services for the setting up and operating of Healthcare center: Include establishment of organization, compliance with policies and regulations on Healthcare, professional recruitment, advisory and planning services for operating a Healthcare organization. 
• Financial planning services for healthcare organization: Include the setting up of corporate and investing planning, advisory and planning service in compliance with the law and investment. 
• Planning services for developing the peripheral industry in Healthcare and graying population industry: Include the service that link between the demand of graying population industry and related Domestic industry. Advisory and planning service for value added data and Healthcare monitoring industry.
• Advisory services for development planning: Include providing the consulting services for integrated community development through CCRC planning.
• Other integration services for Healthcare industry. 
  

 

Biotechnology Industry Professional Services

• Audit Services
  • Audit of Financial Statements
  • Certification of Corporate Income Tax Return
  • Domestic Stock Listing, OTC, Emerging Stock and Publicly Issued Planning and Related Advisory
• Tax and Investment Services
  • Corporate Tax and Individual Tax Advisory Services
  • Tax Administrative remedy services
  • Global Transfer Pricing Services
  • Outbound Tax and Investment Services
  • Corporate Tax Certification
  • Tax Agent for the Foreign Institutional Investors (FINIs)
  • Family (Individual) Estate Advisory Services
  • International Executive Services
  • Investment and Registration Services
  • Accounting, Tax & Payroll Outsourcing Services
• Advisory Services
  • Organization Development and Performance Management Framework Design
  • Strategic Compensation Scheme Design and Planning
  • Talent Development and Retention Plan
  • Corporate Development Advice
  • M&A, JV, and Integration Strategy
  • Debt & Equity Financing
  • Transaction Valuation Advice
  • Valuation for Compliance and Financial Reporting