Frequently Asked Questions
What is the average rental cost for setting up a physical store in Taiwan?
In prime commercial areas of Taipei City, such as Zhongxiao East Road, monthly rent is approximately NT$3,000-5,000 per ping (approx. 3.3 square meters). Costs are relatively lower in Taichung and Kaohsiung, around NT$1,500-2,500 per ping. We recommend testing the market with a pop-up store first before committing to a long-term location.
How much capital is required for Macau merchants to enter Taiwan shopping centers?
In addition to the rental deposit (typically 2-3 months), you will also need to budget for renovation (approximately NT$100,000-300,000), initial inventory, licensing fees, and working capital. We recommend preparing at least NT$500,000 in initial capital.
How does foot traffic in Taiwan shopping centers compare with Macau?
Major Taiwan shopping centers like Shin Kong Mitsukoshi and Far Eastern Department Stores can attract 50,000-100,000 visitors per day during anniversary sale periods, and typically 10,000-30,000 on regular days. This far exceeds the foot traffic at Macau retail shops, making it an excellent channel for brand expansion.
What are the labor costs for hiring employees in Taiwan?
Taiwan's minimum wage is NT$27,470 per month (approximately MOP 7,000). Retail staff salaries range from NT$28,000-35,000 per month, plus additional costs for labor insurance, health insurance, and special leave provisions.
How can goods sold in Taiwan be shipped back to Macau?
You can utilize air freight (2-3 days) or sea freight (7-10 days) logistics services. We recommend working with freight companies familiar with cross-strait logistics and paying attention to customs declaration regulations.