Generally and relatively speaking, yes. Taiwan has many advantages, whether is its geographical location, its thriving IT industry, or its friendly people. More importantly, the costs of starting a business is much more affordable than perhaps in the U.S. or in Japan.
Besides, the tax rate is considerably low comparing to many Western countries. I’d say that Taiwan is definitely a good place to start your business, but whether the business is successful or not, it all depends on how you run it.
If you wish to find out more about Taiwan, please visit An Overview of Taiwan!