The Taipei City Government's Department of Economic Development established the Invest Taipei Office (ITO) to effectively assist domestic and overseas companies and entrepreneurs by providing them with knowledge and understanding of Taipei's business environment as well as of related policies and legislation. The ITO's focus is to assist companies with various requirements for setting up businesses in Taipei City; it offers consultation, introduction, and resource consolidation services, as well as investment troubleshooting and business opportunity expansion guidance, all to promote Taipei's industrial and economic development.