Taiwan is an island nation located off the southeastern coast of China. Despite its relatively small size, Taiwan is home to over 23 million people and is recognized for its prosperous democracy, advanced economy, and vibrant culture.
It plays a significant role in the global economy, ranking as the 17th largest exporter and importer of merchandise in 2022, and boasting one of the largest foreign exchange reserves. With a GDP per capita comparable to countries like the Bahamas and South Korea, Taiwan holds a prominent position in global economic rankings.
Despite political tensions, Taiwan continues to carve out its place on the world stage as a dynamic and culturally rich nation, contributing significantly to global commerce and cultural exchange.
In this blog, we will delve deeper into the economy of Taiwan, the languages spoken in Taiwan, how companies can benefit from translation services in Taiwan, and the top 10 translation companies in Taiwan.
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Milestone helps you seamlessly translate your course contentĀ & localize your website, for increased reach, and better conversions in 70+ languages.
The economy of Taiwan
Taiwan has a highly developed free-market economy, which is the 8th largest in Asia and the 20th largest in the world by purchasing power parity. This has enabled Taiwan to be included in the advanced economies group by the International Monetary Fund.
The country is known for its rapid economic growth, transforming from an agriculture-based society to a high-income industrialized nation. This remarkable economic development is often referred to as the Taiwan Miracle.
Named one of the āFour Asian Tigersā along with South Korea, Hong Kong, and Singapore, Taiwan has successfully developed to be a high-income, export-focused economy.
In 2023, the total international trade value in Taiwan amounted to USD 784.35 Billion. The gross domestic product per capita in Taiwan is estimated to continuously increase between 2023 and 2028 by in total of 8,936.6 U.S. dollars.
With its shift towards high-tech manufacturing, particularly in electronics and information technology, Taiwan presents abundant opportunities for international businesses looking to tap into its dynamic market and cutting-edge industries.
Languages spoken in Taiwan
The official language of Taiwan is Mandarin Chinese, commonly referred to as “Taiwanese Mandarin.” It is spoken by the majority of the population and serves as the standard dialect for formal communication, government, education, and media.
However, Taiwan’s linguistic landscape is much richer and more diverse than Mandarin alone. Taiwanese Hokkien (Min Nan), Hakka, and indigenous languages are also widely spoken, reflecting the island’s diverse cultural heritage. These languages have contributed to Taiwan’s unique identity and have played a significant role in shaping its history.
As a country that places a high emphasis on education and internationalization, Taiwan recognizes the importance of English as a global language. As a result, it is spoken by about 28.5% of the population as a second language.
Proficiency in English is increasingly common, especially among the younger generation and in urban areas. This has helped Taiwan to further integrate into the global community and has opened up new opportunities for its citizens.
Additionally, you can also find Japanese, Vietnamese, Indonesian, Tagalog, Spanish, and Dutch speakers in Taiwan.
Also read: What Are The Languages Spoken In Taiwan?
Benefits of Translation Services in Taiwan for Businesses:
Translation services in Taiwan offer significant benefits for both local and international businesses:
Market Access: They enable international businesses to effectively communicate with Taiwanese customers, partners, and stakeholders, facilitating market entry and brand recognition.
Cultural Adaptation: Translation services ensure that content is culturally appropriate, fostering stronger connections with Taiwanese consumers and enhancing brand loyalty.
Improved Communication: Translation services facilitate seamless communication between international and local stakeholders, enhancing collaboration and efficiency.
International Expansion: For Taiwanese businesses wanting to explore international markets, translation services support market expansion by enabling them to reach a broader international audience.
Competitive Advantage: Businesses that invest in professional translation demonstrate a commitment to serving diverse markets, enhancing brand reputation and competitiveness.
Also read: Top 10 Translation Companies in Singapore
Choosing the Best translation company in Taiwan
Hereās a list of the top 10 translation companies in Taiwan along with a guide on how to choose the right translation agency based on your needs.
Top 10 Translation Companies In Taiwan
PTSGI
Founded in 1965, President Translation Service Group International (PTSGI) has become the longest-standing translation company in Taiwan, and the most representative brand in Asiaās language service industry.
They strive to continually enhance professionalism and be the best partner for their clients in business development. PTSGI claims to be the largest multinational language service provider in Asia and offers services in over 140 languages. They work with a network of over 13,000 translators and provide 24/7 support to their clients.
Service provided:
- Translation
- Localization
- Subtitling & Voiceover
- Technical Writing
- Consecutive/Simultaneous Interpretation
Milestone Localization
Milestone Localization is a company certified under ISO 17100:2015 and ISO 9001:2015 standards, specializing in offering translation and localization services to businesses worldwide. Positioned as a key player in the translation industry, Milestone operates from offices in both India and the UK.
Their commitment to delivering timely and high-quality translations is exemplified by their stringent selection process and is supported by a robust translation and quality management framework.
They work with a network of 1200 native translators across the globe with a minimum of 4 years of experience along with domain expertise to ensure translations are of the highest quality and accuracy.
Their service catalog includes:
- Translation
- Localization
- Interpretation
- Transcription
- Machine translation post-editing
- Subtitling
- Voice over & dubbing
They cater to a wide array of sectors including finance, law, business, and healthcare, while also offering localization services for e-commerce platforms, applications, websites, and gaming.
Milestone Localization has also launched a dedicated subdivision – Milestone Localization Life Sciences to provide specialized translation services catering to all kinds of organizations in the life sciences industry.
With an impressive 98% satisfaction rate among clients who express readiness to recommend Milestone’s services, the company’s reputation is further reinforced by client testimonials and case studies.
Here’s how Milestone Localization helped the Canadian Youtuber Rosie Gabrielle subtitle her videos in Traditional Chinese as a part of her collaboration with the Ministry of Tourism in Taiwan – Subtitles translation for Rosie Gabrielle
Also read: Top 10 Translation Companies in India 2023
Looking for translation services in Taiwan?
Milestone helps you seamlessly translate your course content & localize your website for increased reach & better conversions.
GTH translation
GTHĀ Translation is a language solution provider providing translation services in over 65+ languages. They work with a team of over 300 native translators and experts to deliver translations and ensure successful communication targets to exceed customersā expectations worldwide.
They guarantee a dedicated localization team and budget-wise language solutions to enhance efficient content communication.
Services offered
- Translation
- Content localization
- Voiceover
- Creative copywriting
- Transcreation
Mars translation
Mars Translation is an ISO-certified translation service provider providing translation services in over 230 languages and catering to over 25 industries.
They work with a network of over 950 native translators to deliver translations and promise quality translations at fastener turnaround times.
Services offered
- Translation
- Neural machine translation
- Video translation
- Desktop publishing
- Localization
Mie Translation Services
Mie Translation Service is one of the leading translation companies in Taiwan specializing in Mandarin Chinese (simplified & traditional) and Japanese language solutions.
They understand different cultural and linguistic requirements for the traditional and simplified Chinese-speaking markets. The team at Mie Translation Services comprises qualified native-speaking professionals to provide accurate translations and follow robust quality control to ensure the highest possible standards across our products and services.
Services provided
- Translation
- Localization
- Interpretation
Also read: The Top 10 Most Spoken Languages In Europe
Taiwan Trans
Trans Taiwan is one of the leading translation companies in Taiwan providing not just language services but also market surveys, company setup, personal recruitment, and more. They aim to facilitate business expansion and act as a bridge between Taiwan and other parts of the world.
Their team of highly qualified translators is proficient in providing accurate translations in various languages while adhering to strict deadlines. Their translation services are tailored to the specific needs of clients and promise to ensure that each translation project is handled with the utmost professionalism and confidentiality.
Services provided
- Translation
- Interpretation
Kingston Translation Service
Founded in 2002, Kingston Translation Services has been providing language services to individuals and all types of businesses.
The company works with about 3800 translators in Australia, America, Asia, and Europe, and provides 24-hour global service. Kingston translation services promise on-time delivery, quality warranty, and price transparency
Services provided:
- Interpretation service
- Translation service
- Globalization and localization services
- Other services
Also read: Top 8 Translation Companies In The Philippines
Linguitronics
Founded in 1993, Lingtronics is one of the leading translation companies in Taiwan. They are currently operating in Shanghai and Taiwan. The company is committed to providing excellent services and specializes in translating East-Asian languages.
Linguitronics claims to be one of the most well-established language service providers from Asia and caters to all types of businesses ranging from local businesses to Fortune 500 companies covering a wide range of both commercial and industrial applications.
Services provided
- Translation & Localization
- Interpretation Services
- Technical Writing
HG HouGuan Translation Services
HG HouGuan is a translation service provider offering services in over 40 languages. The team comprises over 40 skilled professionals specializing in the translation of Simplified and Traditional Chinese.
They currently serve over 80 domestic and 50 overseas companies and work with a network of 150 translators who provide high-quality translations. HG HouGhan currently operates in China, Taiwan, and Hong Kong.
Services provided
- Translation
- Interpretation
- Video translation
- Proofreading
Wallace Academic Editing
Wallace Academic Editing provides academic English editing, translation, and academic journal targeting and selection services. Founded in 2006, the company has helped many Asian researchers publish their papers in international academic journals.
With high-quality editors, translation teams, and friendly customer service, Wallace Academic Editing is committed to providing quality academic translations from Chinese to English.
If you are looking for specialized Chinese-to-English academic translation services, this might be the right fit for you.
Service provided
- Translation
- Editing
- Proofreading
Also read: Top 10 Subtitling Companies: How To Choose The Right One
How to choose the right translation company in Taiwan?
When seeking translation services, prioritize companies with ISO certification, particularly ISO 17100, tailored for translation services. This certification ensures a stringent translation process, encompassing quality, accuracy, and punctual project delivery, supported by thorough editing, proofreading, and quality assessment protocols.
Before commencing a project, it is advisable to verify the certification and processes of the chosen translation agency. Additionally, consider the language offerings and service range of the translation agency.
Opting for a dedicated team with a designated project manager ensures smooth execution, fostering effective communication, heightened productivity, and timely completion.
Furthermore, prioritize native translators with substantial subject-specific experience to ensure translations resonate authentically with the target audience.
Conclusion
In the ever-growing competitive global market, effective translation and localization are crucial for achieving success.
Taiwan stands out as an optimal destination for launching a business due to its thriving economy, skilled workforce, advanced technological landscape, and strategic position within Asia. Given these advantages, selecting the appropriate translation partner that can help you succeed in the business market is crucial.
Each translation agency comes with its own set of advantages and limitations. However, with our list of top translation companies in Taiwan, you can identify the right translation agency suited to your needs.
Contact us to see if we are the right fit for your translation project.
Looking For Professional Translation Services in Taiwan ?
Milestone helps you seamlessly translate your documents, content, videos & localize your website, apps, and software in 70+ languages for more reach, and better conversions.
