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By Yi-Jiun Su, Kate Lee
The Act is expected to take effect in June 2016, and will serve as the supreme guiding principle of national land use and zoning.
By Lawrence Yu, Jacob Chan
Starting on 1 January 2016, the statutory normal working hours in Taiwan has been reduced from 84 hours every two weeks to 40 hours every week.
By Benjamin Li, Jade Wang
To make merger of financial institutions more attractive by simplifying the merger procedure and providing more tax incentives, the Financial Institutions Merger Act (FIMA) was first amended on 9 December 2015.
By Josephine Peng
A corporation may choose to credit (i) up to 15% of its total expenditure on research and development against its corporate income tax payable for that year...
By Julia Kuei-Fang Yung
During the life of a close company limited by shares, transfer of its shares by the shareholders is subject to certain restrictions.
By Trisha Chang, Jade Wang
The FSC issued the letter Ref. No. Jin-Guan-Bao-Shou-Zi No. 10400954511 dated 23 December 2015 to elaborate on Subparagraph 3 of Paragraph 1 of Article 9 of the Regulations Governing Offshore Insurance Branches.
By Jack Twu, Frank Huang
The amendments to the Government Procurement Act were promulgated by the presidential order on 6 January 2016.
By Wen-Ping Lai, Sophie Kao
An amendment to the Criminal Code provisions governing confiscation was passed by Taiwan's Legislative Yuan on 17 December 2015 and will be effective from July 1, 2016.
By Trisha Chang, Jade Wang
The total amount that the insurance enterprise invested in one and the same investment project shall be less than NT$5 billion and less than 10% of the owner's equity of the insurance enterprise.
By Trisha Chang, Jade Wang
To assist the purchaser to transfer the titles, if the builder fails to perform its obligations and the coordination is unsuccessful, the insurance enterprise may dispose of the non-performing loans...
By Trisha Chang, Jade Wang
Article 146 of the Insurance Act ("IA") sets limits on funding allocations of an insurance company, though its funds may be allocated to "insurance-related businesses."
By Odin Hsu
As Renminbi is expected to continue appreciating in the past few years, Renminbi-linked TRFs are very popular with domestic investors.
By Yvonne Hsieh, Wei-Han Wu
The definition of market for civil air carriers' merger filings and concerted action applications will in principle be based on the 'city pair' as the smallest market unit.
By Yvonne Hsieh, Wei-Han Wu
The FTC's investigation revealed that Japan capacitor companies had convened several multilateral meetings and engaged in bilateral communication since the 1980's...
By Hsiu-Ru Chien
The Copyright Act in Taiwan, stipulating that "the author of a work shall enjoy copyright upon completion of the work," adopts the principle that copyright is vested automatically.