Since the European Union (EU) promulgated the Directive 2002/96/EC of the European Parliament and of the Council (January 2003) on waste electrical and electronic equipment (WEEE) in 2002, various governments around the world have developed WEEE recycling systems and promoted the concept of extended producer responsibility (EPR). In 1997, the Taiwan government has implemented the 4-in-1 Recycling Program, which uses recycling funds as its financial base. The following year 1998, the program incorporated a WEEE-based recycling managerial system, which involves confirming the payers of the recycling funds and slightly adjusting the relevant recycling measures to effectively estimate the number of electrical and electronic equipment items produced on a yearly basis and their annual recycling volumes. These statistics ensure the effective management of WEEE. This study explored the development of Taiwan’s WEEE recycling system and proposed improvements to the system. The current findings provide a reference for other state governments to establish their own WEEE recycling systems.