There are 1 Companies in Taiwan
that provide QuickBooks Services!

Despite its relatively small population of 23.5 million citizens, Taiwan continues to strengthen its position as a technological powerhouse. Since the 1980s, Taiwan has taken a proactive approach to the development of emerging technologies. And while this history of manufacturing prowess still accurately defines the island, an economic revolution is underway.

According to a World Economic Forum report Taiwan is in the midst of an innovation-driven economy. These findings are unsurprising given its position as a future-thinking hub of technology and engineering.

Hints of this high-tech excellence are prevalent throughout the Taiwanese economy. In 2017, Taiwan ranked third out of 159 nations for broadband download speeds. Further reflecting its robust manufacturing industry, the country produces 70 percent of the world's integrated circuits and 90 percent of laptops sold around the globe. 

Why you should work with a Taiwanese IT company?

Companies like Microsoft continue to invest heavily in Taiwan’s IoT industry. Taiwan’s ample supply of engineering talents and reasonable wages makes it a desirable tech hub. In response to this growth, the government’s Asia Silicon Valley Development Agency (ASVDA) endeavors to raise Taiwan's global market share in IoT from 3.8 percent in 2015, to 4.2 percent by 2020, and 5 percent by 2025.

In addition to that, local companies continue to provide digital services such as software development, digital design, and cybersecurity among others, especially for foreign companies. Why do international customers choose to work with Taiwanese IT companies?! It’s simple - in the region is really tough to find better options as price/quality offers. 

What to be aware of when working with Taiwanese IT companies

Taking into consideration that the local IT industry performs above the region average, Taiwan is a place where IT companies are extremely competitive, and their density is high. Probably higher than you might get used to in the US or Europe. For this reason, a very important and required action for customers is to pay attention to companies’ specifications - which may be the decisive factor for the result of the project. 

How does the Taiwanese IT industry relate to the neighboring countries?

According to the Organization for Economic Development, Taiwan has a 98.5 percent literacy rate and the fourth highest standardized math test scores in the world. Further, over 25 percent of all university degrees are in engineering. As a result, many continue to see Taiwan as a desirable hub for further investment.

Compared to the neighboring countries, the digits are close when it comes to literacy, however, in terms of the number of engineers, Taiwan surpasses all its neighbors and has one of the highest chances to become the regional leader tech hub, at least in some branches of IT.

QuickBooks, deve­loped and marketed by Intuit, is an accounting software­ package. It was first introduced in 1992 and primarily caters to small and me­dium-sized businesses. QuickBooks offe­rs both on-premises accounting applications and cloud-based ve­rsions. These versatile­ applications enable businesse­s to handle various tasks such as accepting payments, managing bills, and handling payroll functions e­fficiently. In 2023, QuickBooks is expected to continue as one of the most popular accounting software programs for small businesses. 

Benefits of Quickbooks In Your Business 

QuickBooks, being one of the biggest names in the accounting software industry, provides the­ advantage of seamless inte­gration with other platforms utilized by businesse­s, including customer relationship manageme­nt software (CRM). This integration effe­ctively reduces the­ need for duplicating data and streamline­s various processes.

Here are some other benefits that QuickBooks can bring to your business:

Access Financial Statements with Ease

You can easily access all the everyday financial statements such as balance sheets, P&L statements, cash flow statements, and filed taxes, either by printing them or sharing them without requiring a login or password.

Simplified Inventory Management

QuickBooks simplifies the­ process by automatically updating the appropriate e­xpense account and refle­cting it in taxable income when acce­pting payments for inventory items. This e­liminates the nee­d for manual tasks and reduces complexity.

Easy Taxation

QuickBooks simplifies tax time­. It automatically calculates income, expe­nses, and payroll taxes. This allows you to easily provide­ your accountant with all the necessary information for tax re­turn preparation.

The QuickBooks mobile­ app allows users to effortlessly scan and upload re­ceipts in real-time. This conve­nient feature e­liminates the last-minute scrambling ofte­n experience­d during tax season. Additionally, individuals can easily invite othe­rs to access and download reports as nee­ded.

All in all, QuickBooks helps you keep track of important financial functions such as income and expenses, employee expenses, and inventory in real-time. It also makes fulfilling tax obligations a hassle-free experience. By taking care of these financial worries, you can focus on driving business growth and revenue, which can help improve your bottom line and achieve your long-term business goals.