01
Securities Firms
Shell-company transactions & public tender offers
Listed-company shell deals; regulated tender-offer execution. Rarely originate private mid-market deals for foreign buyers.
M&A ADVISORY TAIWAN · BUY-SIDE ONLY
M&A Advisory in Taiwan,
Built for Foreign Buyers
168 M&A Platform and our parent company Turing Financial Group provide buy-side M&A advisory for international corporations and funds acquiring Taiwanese companies — from AI-powered target sourcing to regulatory approval and closing.
200+ listed-company buyer network · 5+ completed tender offers · NT$3.0B+ cumulative transaction value
01THE TAIWAN M&A ADVISORY ECOSYSTEM
Who actually does what in Taiwan M&A advisory
Taiwan's advisory market is smaller and more specialized than in the US or Europe. Knowing who covers which segment saves foreign buyers months of misdirected outreach.
02
Big Four Accounting Firms
Larger sell-side mandates & confirmatory due diligence
A limited number of sizeable sell-side mandates each year, plus financial due diligence on deals that are already agreed.
03
Turing Financial Group
Buy-side only advisory for listed acquirers
Exclusive buy-side advisor: Taiwan-listed buying Taiwan-listed, and customized mandates for foreign listed companies acquiring private Taiwanese targets. Also manages Taiwan's first buyout-style M&A fund.
04
168 M&A Platform
AI-powered SME deal sourcing & matching
Taiwan's AI M&A platform for small and mid-sized company transactions — success-fee based, connecting 200+ listed-company buyers with vetted targets.
For a deeper walkthrough of the ecosystem, read our guide: M&A Advisory in Taiwan: A Guide for Foreign Buyers.
02BUY-SIDE M&A ADVISORY SERVICES
A strategic gateway to acquiring Taiwanese companies
Turing Financial Group acts exclusively for buyers — never sellers — so our incentives are aligned with yours from first contact to closing.
Rapid Target Engagement
We identify and approach qualified Taiwanese targets based on your acquisition criteria — industry, revenue scale, region and deal structure — using our proprietary database of ~10,000 prime SME targets and listed-company networks.
Cross-Cultural Negotiation
Most Taiwanese founders are first-generation owners in their 60s or 70s. Our bilingual team bridges language, valuation-expectation and business-culture gaps that routinely stall foreign-led negotiations.
Due Diligence Coordination
We assemble and manage top-tier local CPA and law firms for financial, tax and legal due diligence, and structure the transaction to fit both Taiwanese regulation and your home-jurisdiction requirements.
Regulatory Approval Support
Foreign investment approval (MOEA Department of Investment Review), merger control (Taiwan Fair Trade Commission) and industry-specific licensing — we manage filings and timelines end to end.
TURING FINANCIAL GROUP
Listed-company & cross-border mandates
Since 2020, Turing has advised Taiwan-listed companies on equity-method acquisitions of other listed companies, completing 5+ public tender offers with a cumulative transaction value above NT$3.0 billion. For foreign listed companies acquiring private Taiwanese targets, we build customized buy-side mandates. Turing also manages Taiwan's first buyout-style private equity M&A fund.
turingfinancial.com.tw →168 M&A PLATFORM
AI-powered SME acquisitions
Taiwan has 1.7 million+ SMEs facing founder succession gaps. The 168 M&A Platform focuses on ~10,000 prime targets (revenue above NT$100 million, founders over 60), matching them to buyers with AI. Traditional M&A takes 12–24 months; our digitalized process targets under 6 months — on a success-fee basis, so evaluating targets costs you nothing.
Submit Acquisition Criteria03M&A TAIWAN: REGULATORY SNAPSHOT
Three regulatory gates every foreign buyer should map early
Deal timelines in Taiwan are driven less by negotiation and more by regulatory sequencing. These are the three gates that matter.
| Regulatory Gate | Authority | When It Applies | Typical Timeline |
|---|---|---|---|
| Foreign Investment Approval (FIA) | MOEA Department of Investment Review (DIR) | Required for essentially all foreign acquisitions of Taiwanese equity; listed-company stakes under 10% may instead use the FINI securities channel | ~1–2 months (typical); complex cases 3–4 months; PRC-related investors 6–9 months |
| Merger Control Filing | Taiwan Fair Trade Commission (TFTC) | Triggered by turnover thresholds (e.g., combined global revenue over NT$50B with two parties each over NT$3B in Taiwan) or market-share tests | 30 working days, extendable by up to 60 working days |
| Mandatory Tender Offer | Securities & futures regulations (FSC) | Acquiring more than 20% of a listed company's shares within 50 days requires a public tender offer | Statutory offer periods apply; plan several months end to end |
For approval pathways, real deal case studies (Micron/Inotera, KKR/LCY) and realistic end-to-end timelines, read: M&A in Taiwan: Regulations, Approvals and Realistic Timelines.
1.7M+
SMEs in Taiwan, many facing founder succession
~10,000
Prime SME targets (revenue > NT$100M, founder over 60)
200+
Listed-company buyers in our network
< 6 months
Target sourcing-to-signing timeline on our AI platform
04FREQUENTLY ASKED QUESTIONS
M&A Advisory Taiwan — FAQ for foreign buyers
Do foreign buyers need government approval to acquire a Taiwanese company?＋
Yes. Essentially all foreign acquisitions of Taiwanese equity require prior Foreign Investment Approval from the MOEA Department of Investment Review, except purchases of less than 10% of a listed company via the FINI securities channel. Typical processing is one to two months for most foreign investors.
How long does an M&A transaction in Taiwan usually take?＋
A private mid-market acquisition typically takes 6–12 months end to end, including due diligence and Foreign Investment Approval. Listed-company deals involving tender offers or merger-control filings can take longer. Our AI-driven sourcing shortens the search phase to under 6 months in most mandates.
What does buy-side only advisory mean?＋
We act exclusively for buyers and never take sell-side mandates, so there is no conflict of interest in valuation advice, negotiation strategy or target selection. Turing Financial Group has operated on this model since 2020.
How are advisory fees structured?＋
168's platform services are success-fee based: browsing targets, AI matching and advisor consultations are free, and a fee applies only when a transaction closes. Customized cross-border mandates through Turing Financial Group are scoped individually.
Can you help a foreign listed company acquire a private Taiwanese company?＋
Yes. That is a core mandate type: we source private targets, bridge negotiations with founder-owners, coordinate local due diligence teams, and manage Foreign Investment Approval through closing.
05FREE CONSULTATION
Tell us your acquisition criteria
All information is kept strictly confidential. A bilingual advisor will contact you within one business day with an anonymized list of qualified Taiwanese targets matching your criteria.