Enterprise Singapore Logo
  • Industries
    • Industry Type
      • Agritech
      • Air Transport
      • Built Environment
      • Business Services
      • Digital / ICT
      • Electronics
      • Energy & Chemicals
      • Food Manufacturing
      • Food Services
      • Healthcare and Biomedical
      • Land Transport
      • Logistics
      • Marine & Offshore Engineering
      • Precision Engineering
      • Retail
      • Sea Transport
      • Urban Solutions
      • Wholesale Trade
    • Hub
      • Infrastructure Hub
      • Startup Hub
  • Overseas Markets
    • Africa
      • Ghana
      • Ivory Coast
      • Kenya
      • Morocco
      • Mozambique
      • Nigeria
      • South Africa
    • Asia Pacific
      • ASEAN
      • Australia
      • Cambodia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Myanmar
      • Philippines
      • South Korea
      • Thailand
      • Vietnam
    • Europe
      • France
      • Germany
      • Russia
      • Türkiye
      • Netherlands
      • United Kingdom
    • Middle East
      • Egypt
      • Israel
      • Jordan
      • Oman
      • Qatar
      • Saudi Arabia
      • United Arab Emirates
    • North & Latin America
      • Brazil
      • Canada
      • Colombia
      • Mexico
      • United States of America
    • Go Global
  • Quality & Standards
    • Standards
      • For Companies
      • For Partners
      • E-Alert for Standards
    • Accreditation
      • For Companies
      • For Conformity Assessment Bodies
      • For Partners
      • Mutual Recognition Arrangements (MRAs)
    • Business Excellence
    • Consumer Protection
      • Consumer Product Safety Office
      • Weights and Measures Office
  • Financial Assistance
    • Grants
      • For Startups
      • For Local companies
      • For Partners
    • Loans & Insurance
      • Enterprise Financing Scheme (EFS)
    • Tax Incentives
      • Double Tax Deduction for Internationalisation (DTDi)
      • Global Trader Programme
      • Fund Management Incentive (FMI)
      • Venture Capital Fund Incentive (VCFI)
    • Investments
      • Startup SG Equity
      • SEEDS Capital
      • EDBI
  • Non-Financial Assistance
    • For Singapore Companies
      • Supporting Your Startup Journey
      • Digital Programmes
      • Growth Partnership Programme
      • Sustainability
      • Business Toolkits
      • Talent Attraction and Development
      • Network of Partners
      • Export Guides
      • Free Trade Agreements
    • For Foreign Companies
      • Join Singapore's Startup Hub
      • Living in Singapore
      • Setting Up in Singapore
      • Free Trade Agreements
      • Double Tax Avoidance Agreements
      • International Investment Agreements
    • For Individuals
      • Skills Development for Students
      • Skills Development for Mid-Career Professionals
      • Be Inspired
  • About Us
    • Overview
    • Vision & Mission
    • Board of Directors
    • Subsidiaries
    • Strategic Plan
    • Year-in-Review 2021
    • Careers
    • Media Centre
Search
  • Share
  • Home
  • Industries
  • Industry Type
  • Wholesale Trade
  • ASTEP
  • Trade in Goods
ASTEP
  • Overview
  • Trade in Goods
  • Rules of Origin (ROO)
  • Customs Procedures
  • Sanitary and Phytosanitary (SPS) Measures
  • Technical Barriers to Trade (TBT)
  • Trade in Services
  • Investment
  • Competition
  • Electronic Commerce
  • Government Procurement
  • Intellectual Property
  • Transparency
  • Legal Text

Trade in Goods

For Singapore Exports to Chinese Taipei: Opening Up Chinese Taipei’s market

Singapore will stand to benefit from the progressive elimination of tariffs on close to all of Singapore’s current exports to Chinese Taipei once ASTEP is fully implemented. Approximately 98% of Singapore’s current exports will qualify for immediate tariff-free treatment, while the remaining 2% will qualify at ten or fifteen years after ASTEP entered into force.

Singapore-based companies exporting to Chinese Taipei, particularly those in the electronics, chemicals, pharmaceuticals, machinery and processed food products sectors, will stand to benefit from the removal of tariffs.

Tariff elimination will deliver significant benefits for Singapore exporters:

CATEGORY
TARIFF STAGING (UPON IMPLEMENTATION)
DATE OF ENTRY INTO CHINESE TAIPEI DUTY-FREE
EIF
Immediate Elimination
19 April 2014
5
Elimination in 5 equal annual stages
1 January 2018
10
Elimination in 10 equal annual stages
1 January 2023
15
Elimination in 15 equal annual stages
1 January 2028
P
Reduction by one-fifth of base rates in 5 equal annual stages
Tariffs reduced by one-fifth on 1 January 2018

The table below provides a summary of Chinese Taipei’s tariff commitments under ASTEP:

% OF TRADE THAT IS TARIFF FREE
EXAMPLES OF KEY PRODUCTS THAT ARE TARIFF FREE
Already tariff free
82.5%
Some cereals, starches, mineral fuels, electronics, machinery
Upon EIF (19 April 2014)
96.7%
Processed food products, chemicals, pharmaceuticals, electronics, machinery, transport equipment
1 January 2018
98.2%
Some dairy, textile products
1 January 2023
99.9%
Processed food products
1 January 2028
100%2
Some dairy products, processed food products

2Only 0.002% of current trade is excluded from Chinese Taipei’s tariff elimination schedule. These excluded products are very specific dairy and agriculture goods such as fresh milk, mixtures of nuts and seeds, and red beans.


Chinese Taipei’s tariff schedule is set out in Annex 3B of ASTEP. Preferential tariffs are only awarded to goods that meet the Rules of Origin stated in ASTEP.

For Chinese Taipei Exports to Singapore

ASTEP provides for immediate elimination of tariffs on all goods originating from Chinese Taipei.

 

TOP

Newsletter Sign Up

Get the latest news on how to grow your business - delivered straight to your inbox. Because growing your business is our business.

SUBSCRIBE
  • About Us
  • Media Centre
  • Careers
  • Events
  • E-Services
  • Resources
  • Inspiring Stories
  • Blog

Connect with us

  •  
  •  
  •  
  •  
Contact | Feedback |
Whistle-blowing
  • Sitemap
  • Terms of Use
  • Privacy Statement
  • Report Vulnerability

© 2018 Enterprise Singapore

(Last updated on 30 May 2022 16:05:38)