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• Establishing a Business Entity in Taiwan (Updated)

  Introduction to Taiwan - In less than 50 years starting from 1949, Taiwan went from an agriculture-based economy to being an economic powerhouse and leader in the field of high-tech goods. Its Gross Domestic Product (GDP) grew from US$1.2 billion in 1951 to US$774.7 billion in 2021. According to the World Trade Organization, in 2021, Taiwan was the 16th largest exporter and 17th largest importer of goods in the world. In terms of services, Taiwan ranked 27th for the export and import of commercial services. In the same year, its services sector accounted for nearly 60.57% of its GDP, while manufacturing and construction accounted for 32.88% and 3.33%, respectively. Taiwan, as a leader in the information and communications technology industry, is one of the world's largest semiconductor, computer and mobile phone providers, and one of the world's largest producers of computer monitors.

• Establishing A Business Entity In Taiwan (Updated)

  Introduction to Taiwan - In less than 50 years starting from 1949, Taiwan went from an agriculture-based economy to being an economic powerhouse and leader in the field of high-tech goods. Its Gross Domestic Product (GDP) grew from US$1.2 billion in 1951 to US$774.7 billion in 2021. According to the World Trade Organization, in 2021, Taiwan was the 16th largest exporter and 17th largest importer of goods in the world. In terms of services, Taiwan ranked 27th for the export and import of commercial services. In the same year, its services sector accounted for nearly 60.57% of its GDP, while manufacturing and construction accounted for 32.88% and 3.33%, respectively. Taiwan, as a leader in the information and communications technology industry, is one of the world's largest semiconductor, computer and mobile phone providers, and one of the world's largest producers of computer monitors. Please see full Chapter below for more information.

• Establishing A Business Entity In Taiwan (Updated)

  Introduction to Taiwan - In less than 50 years starting from 1949, Taiwan went from an agriculture-based economy to be an economic powerhouse and leader in the field of high-tech goods. Its Gross Domestic Product (GDP) grew from US$1.2 billion in 1951 to US$589.5 billion in 2018. According to the World Trade Organization, in 2018, Taiwan was the 18th largest exporter and 17th largest importer of goods in the world. In terms of services, Taiwan ranked 27th and 26th for the export and import of commercial services, respectively. In the same year, its services sector accounted for nearly 63.19% of its GDP, while manufacturing and construction accounted for 30.77% and 2.52%, respectively. Taiwan, as a leader in the information and communications technology industry, is one of the world's largest semiconductor, computer and mobile phone providers, and one of the world's largest producers of computer monitors. 1. Types of Business Entities - Description of the types of entities available in each jurisdiction through which to conduct business... Please see full Chapter below for more information.

• Establishing A Business Entity In Taiwan

  Introduction to Taiwan - In less than 50 years starting from 1949, Taiwan went from an agriculture-based economy to be an economic powerhouse and leader in the field of high-tech goods. Its Gross Domestic Product (GDP) grew from US$1.2 billion in 1951 to US$589.5 billion in 2018. According to the World Trade Organization, in 2018, Taiwan was the 18th largest exporter and 17th largest importer of goods in the world. In terms of services, Taiwan ranked 27th and 26th for the export and import of commercial services, respectively. In the same year, its services sector accounted for nearly 63.19% of its GDP, while manufacturing and construction accounted for 30.77% and 2.52%, respectively. Taiwan, as a leader in the information and communications technology industry, is one of the world's largest semiconductor, computer and mobile phone providers, and one of the world's largest producers of computer monitors. 1. Types of Business Entities - Description of the types of entities available in each jurisdiction through which to conduct business... Please see full Chapter below for more information.

• 2021 Venture Capital Guide - Taiwan

  World Law Group member firms recently collaborated on a Global Venture Capital Guide that covers more than 30 jurisdictions on investment approval processes, typical investment sectors and investment structures on Venture Capital deals (and more!).

• Riding on the winds of change – Taiwan's next phase of development in the offshore wind market - Chinese version

  At the recent Energy Taiwan forum in October 2020, Taiwan government representatives reiterated the government's ambitious targets for renewable energy and the plan to bring Taiwan's overall offshore wind capacity to approximately 15.5 gigawatts (GW) by 2035. Please see full Publication below for more information.

• Riding on the winds of change – Taiwan's next phase of development in the offshore wind market

  At the recent Energy Taiwan forum in October 2020, Taiwan government representatives reiterated the government's ambitious targets for renewable energy and the plan to bring Taiwan's overall offshore wind capacity to approximately 15.5 gigawatts (GW) by 2035. Riding on a successful 5.7GW of projects in the second round of offshore wind selections and auctions, on 19 November 2020, the government put forward a draft proposal for the third round of development for Taiwan offshore wind. This round foresees an additional 10GW of expected installed capacity in offshore wind from 2026 to 2035, with the government signaling applications from eligible applicants as early as 2022/2023 for new projects for approximately 1GW of capacity in each year starting 2026. Please see full Publication below for more information.

• Good News for Global Fintechs: Proposed Amendment to Taiwan's Act Governing Electronic Payment Institutions Aims to Consolidate the Development of Electronic Money and Payment Industries and Streamline the Provision of Payments

  Two separate legal regimes currently govern Taiwan’s payment institution and electronic money industries: On electronic money, the Act Governing Issuance of Electronic Stored Value Cards (電子票證發行管理條例), promulgated in January 2009, governs electronic money institutions on the issuance of an IC (integrated circuit) chip, card, certificate or other forms of debt obligation that utilize electronic, magnetic or optical means to store monetary value and perform the function of data storage or computing for multiple payment purposes.

• The Supreme Court’s Adjudication on Whether a Post-grant Amendment of a Granted Patent Constitutes an Amendment of the Litigation Claim

  When granted with a patent right, the patentee may file a request for amending the description, claim(s) or drawing(s) of the granted patent.  Hence, once an alleged infringer has presented prior evidence sufficient to establish that the patent at issue lacks patentability in a patent infringement litigation case, the patentee is likely to file post-grant amendment requests with the Taiwan Intellectual Property Office during the litigation proceedings in order to overcome the defects in the validity of the patent at issue. ...

• Taiwan in the changing global landscape - Key private equity and M&A trends in Asia - What they mean for investors in the region

  The COVID-19 pandemic has taken a toll on the world's economies and investment activity in 2020—including Asia-Pacific. This black swan event has exacerbated previous market threats, including rising geopolitical tensions, regulatory protectionism and tumbling fundraising, suggesting a potentially broader stagnation in 2020 and beyond. In a time of unprecedented challenges, many corporations and investors in Asia-Pacific are looking for both shelter and new opportunities in all directions. ...

Featured documents

• Court Finds Dodd-Frank Does Not Apply To Foreign Whistleblowers

  The United States District Court for the Southern District of New York recently dismissed a case with prejudice by an employee whistleblower that lived in Taiwan. The court stated there is no evidence that Congress intended the ant-retaliation provisions of Dodd-Frank to apply extraterritorially. ...

• Countries at a Glance: Taiwan - Employee Stock Purchase Plans

  EMPLOYEE STOCK PURCHASE PLANS - EMPLOYEE STOCK PURCHASE PLANS: EMPLOYMENT - Labor Concerns - Employees should sign a written disclaimer acknowledging that the Plan is a discretionary benefit offered to employees outside of their normal salaries and can be terminated at any time. ...

• Hatch-Waxman goes to Taiwan

  In December 2017, the Taiwan Pharmaceutical Affairs Act has been amended to harmonize generic approval process with prevailing international norms. The amended Act is expected to come into effect in late 2018 or early 2019. As discussed below, the amendment (1) introduces data exclusivity periods...

• Innovations in U.S. nuclear decommissioning and waste storage and their potential application in Taiwan

  The field of nuclear decommissioning is in the midst of a major transformation, led by innovations in the United States. Since 1964, 36 nuclear reactors have shut down, 21 reactors are currently undergoing decommissioning, and 10 reactors have been successfully decommissioned. The lessons learned...

• New York Court Declines To Find Extraterritorial Reach Of Dodd-Frank Whistleblower Protection

  Liu v. Siemens A.G., No. 13-CV-317(WHP) (S.D.N.Y. Oct. 21, 2013) (Pauley, J.): Judge William H. Pauley III dismissed a retaliation claim under the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank) brought by a former compliance officer, Meng-Lin Liu, who was employed by ...

• Enforcement of patents in the Taiwan Intellectual Property Court

  After a phone call and some tweets, Taiwan is back in the news. Now seems like the perfect time to write about the enforcement of intellectual property rights on the island....

• ASIA: A Legal Guide for Business Investment and Expansion - Taiwan

  1 .What role will the government of Taiwan play in approving and regulating foreign and Mainland Chinese direct investment? Three types of Taiwan government approval requirements may be relevant to direct foreign or Mainland Chinese1 investment in Taiwan: • Approvals that are required solely...

• Innovations in U.S. nuclear decommissioning and waste storage and their potential application in Taiwan (Chinese)

  The field of nuclear decommissioning is in the midst of a major transformation, led by innovations in the United States. Since 1964, 36 nuclear reactors have shut down, 21 reactors are currently undergoing decommissioning, and 10 reactors have been successfully decommissioned. The lessons learned...

• Introducing the New Multi-Level Marketing Governing Act

  Taiwan has approximately 369 multi-level marketing (MLM) companies and a total of 3.09 million MLM participants, as of December 31, 2012. Adjusting for people who participate in more than one MLM company, almost 12% of Taiwan’s total population participates in at least one MLM business....

• FTC Charges Taipei Based D-Link for Inadequate Security of Computer Routers and Cameras

  The Federal Trade Commission (FTC) has filed a complaint in Northern California against D-Link for putting thousands of consumers at risk over the past decade for failing to have adequate security practices in its routers and cameras....