2021 年 7 月 16 日

Notes for Shareholders Meetings During the Pandemic 2 – Non-Public Companies (Taiwan)

Teresa Huang and Yuki Chiang Department of Commerce of the Ministry of Economic Affairs announcement: the Central Epidemic Command Center declared on May 19, 2021 that the nationwide Covid-19 Alert has been raised to Level 3, where indoor social gatherings […]
2021 年 7 月 16 日

Notes for Shareholders Meetings During the Pandemic 1 – Public Companies (Taiwan)

Teresa Huang and Jack Hsieh The Financial Supervision Commission (FSC) announced that public companies should suspend the convening of shareholders’ meetings from May 24 to June 30, 2021. The meetings shall be postposed to the period from July 1 to August […]
2021 年 7 月 2 日

Dedicated Sustainable Bond Segment Launched by the Taipei Exchange (Taiwan)

Grace Chou[1] According to the announcement made by the Taipei Exchange, in view of the actual and current needs in the financial market for sustainable bonds and in reference to the custom and practices in the international financial markets, the […]
2021 年 7 月 1 日

Draft EU AI Regulation (Taiwan)

Hannah Kuo and Jaime Cheng[1] On April 21, 2021, the European Commission released a draft proposal for the Artificial Intelligence Act[2] (hereinafter, the “Draft AIA”), which is a continuation of the strategies proposed in the EU’s White Paper on Artificial […]
2021 年 7 月 1 日

Scope of Enterprises Handling Virtual Currency Platforms and Transaction Business under Money Laundering Control Act (Taiwan)

Elva Chuang The Financial Supervisory Commission (“FSC”), as the authority in charge of money laundering prevention for enterprises handling virtual currency trading platforms and transaction business (hereinafter, the “Virtual Currency Enterprises”), prepared and released the draft Regulations on Money Laundering […]
2021 年 6 月 29 日

Starting from July 1, 2021, the status of the FTC’s review of a merger notification application may be checked online (Taiwan)

Aaron Chen & Sally Yang The Fair Trade Commission (“FTC”) issued a press release on June 28, 2021 in which it announced that starting from July 1, 2021, the FTC will provide a way for applicants to inquire online the […]
2021 年 6 月 17 日

Highlights of the Draft Offshore Wind Energy Zonal Development Plan (Taiwan)

Grace Chou[1] Jiselle Ong On May 11, 2021, the Bureau of Energy (“BOE”) of the Ministry of Economic Affairs (“MOEA”) announced the draft Offshore Wind Energy Zonal Development Plan for the Phase III Offshore Wind Energy Zonal Developer Selection Mechanism[2] […]
2021 年 6 月 1 日

Imminent Implementation of the Commercial Case Adjudication Law (Taiwan)

Aaron Chen and Nora Shih [1] After the Commercial Case Adjudication Law (hereinafter, the “Law”) was released on January 15, 2020, it is decided that the Law will go into effect on July 1 this year (2021).  This Law Firm […]
2021 年 6 月 1 日

Introduction to SPACs (Taiwan)

Jaime Cheng, Jack Hsieh[1] Despite being around since the 1990s, in the last two years, we’ve seen a significant surge in the number of public offerings conducted via special purpose acquisition companies (“SPACs”) in the United States.  The number of […]
2021 年 5 月 28 日

Application issues and matters to note after the launch of the new scheme for the determination of mainland area investors (Taiwan)

Teresa Huang and Angela Wu[1] The new version of the criteria for the determination and examination of mainland area investors, i.e., the Regulations for the Permission of Investment in Taiwan by the People from the Mainland Area as amended (hereinafter, […]
2021 年 5 月 24 日

Impact of COVID-19 on Convening Shareholder Meetings – Update

Emily Chueh/Elva Chuang As a follow up of Lee, Tsai & Partner’s previous article on the impact of COVID-19 on convening shareholder meetings, the Department of Commerce of the Ministry of Economic Affairs has issued a press release at 20:46 […]
2021 年 5 月 21 日

Impact of COVID-19 on Convening Shareholder Meetings (Taiwan)

Emily Chueh/Elva Chuang 1. Public companies: The Financial Supervisory Commission has ordered that no shareholder meetings shall be convened from May 24 to June 30; they shall be convened from July 1 to August 31 instead. (1) The Financial Supervisory […]
2021 年 5 月 17 日

Tort and Civil Liability of Juristic Persons (Taiwan)

Nora Shih I. Does Article 184 of the Civil Code apply to a tortious act of a juristic person? Under Articles 26 and 28 of the Civil Code, juristic persons are the subject of rights and may enjoy rights, have […]
2021 年 5 月 17 日

Introduction of the Draft Amendments to the Patent Law – Review and Dispute Trial (Taiwan)

Eddie Shih[1] and Jerry Huang[2] The Patent Law of Taiwan was amended in its entirety on January 1, 2013, following by its partial amendments in 2013, 2014, 2017 and 2019.  The Ministry of Economic Affairs released the draft partial amendments […]
2021 年 3 月 5 日

A Brief Introduction to the Criteria and Guidelines for Construction Extension (Taiwan)

Luke Hung[1] I. Mechanisms for handling the delay and extension of a construction period From small private construction projects to large infrastructure projects, the completion schedule of a project is the main concern of the project owner.  If the project […]
2021 年 2 月 1 日

(Too) Big Tech? Google Coming Under Fire (Taiwan)

Ankwei Chen The US Department of Justice (DOJ) filed a complaint (“Complaint”) against Google at the US District Court for the District of Columbia on October 20, 2020, in which it alleged Google of unlawfully maintaining a monopoly in search […]
2021 年 1 月 21 日

Summary of Laws Relating to Personal Information Protection (Mainland China)

Joyce Wen[1] In the era of big data, while data and information bring convenience to our life, the issue of personal information leakage is also becoming more and more prominent.  This is why the protection of personal information has become […]
2021 年 1 月 1 日

Is my work still my work? Common Disputes and Precautions for Translation License Contracts (Taiwan)

Yuki Chiang[1] I. Introduction Exchanges of cultural creations and knowledge are some of the current irresistible trends of globalization.  In order to make their works available to a wider audience and expand their competitiveness and the influence of their works […]
2020 年 12 月 30 日

Legal issues that companies should be aware of when using open source software (Taiwan)

Elva Chuang[1] Open source software has become the norm for enterprise IT departments around the world Open source software is by nature a type of computer program, which is still a type of work regulated and protected by the Copyright […]
2020 年 12 月 1 日

Preliminary Analysis of the Cosmetics Advertisement and the Cosmetics Hygiene and Safety Act (Taiwan)

Angela Wu The Cosmetics Hygiene and Safety Act (hereinafter, the “New Act”), previously known as the Statute for the Administration of Cosmetics Hygiene (hereinafter, the “Old Act”), was amended on a large scale on May 2, 2018.  To enable relevant […]
2020 年 11 月 4 日

Notice for the Taiwanese Concerning Pre-arrangement of Cross-strait Assets by Will (Taiwan and Mainland China)

Emily Chueh, Jolene Chen, Tiffany Hsiao[1] In the global village, modern people may more or less acquire assets overseas or reside in foreign countries for business or study purposes.  If it is necessary to plan after life matters, how a […]
2020 年 11 月 1 日

Brief Analysis of the Warranties and the Disclaimers of Warranties for Technology Licensing Agreements (Taiwan)

Albert Yen[1] Technology licensing means that the licensor (the technology provider) agrees to allow the licensee (the technology requester) to use all or part of the rights to a patent, copyright, trade secret or other technological know-how of the licensor […]
2020 年 10 月 1 日

Does Acceptance of Stablecoins Constitute the Offense of Illegal Acceptance of Deposits under the Banking Law? (Taiwan)

Elva Chuang[1] Introduction of stablecoins A stablecoin is, as its name suggests, a currency with stable value in contrast to bitcoins and etherums with high price volatility.  Stablecoins are characterized by constant value (usually a fixed ratio to the value […]
2020 年 9 月 28 日

Preparing a Worry-Free, Effective Will in Advance (Taiwan)

Tiffany Hsiao[1] The beginning of 2020 saw tumultuous global developments with the outbreaks of the epidemic and the successive death of many domestic and foreign celebrities due to the epidemic or other accidents.  One cannot help lament the vicissitude of […]
2020 年 9 月 1 日

The One Not Loved Is the Other Man/Woman?A Perspective on the Decriminalization of Adultery Based on Judicial Interpretation No. 791(Taiwan)

Tiffany Hsiao The Council of Grand Justices of the Judicial Yuan declared on May 29 via Judicial Interpretation No. 791 (Effect of the Offense of Adultery and Withdrawal of Charges)[1] that Article 239 of the Criminal Code, which does not […]
2020 年 8 月 31 日

Practical Determination Standards for the Requirement of Reasonable Confidentiality Measures for Trade Secrets (Taiwan)

Teresa Huang and Albert Yen[1] During the global spread of the Covid-19 pandemic in 2020, Taiwan has been able to maintain almost normal life since it has managed the epidemic more appropriately than other countries.  In addition, alternative opportunities for […]
2020 年 8 月 21 日

Introduction to the Current Situation of A-share Listing of Taiwan-funded Enterprises in Mainland China (Mainland China)

Karl Zhang[i] Since the listing of Zhejiang King Refrigeration Industry Co., Ltd. (hereinafter, “Guoxiang”) on the Shanghai Stock Exchange (hereinafter, the “SSE”) in 2003, nearly 30 Taiwan-funded enterprises have been listed and raised capital in the mainland capital market.  In […]
2020 年 8 月 1 日

Opt-in? Opt-out? Precautions for Enterprises Concerning the Design of Two Different Systems (Taiwan)

Jhen-Yi Chen, Yuki Chiang and Jaime Cheng (California Attorney)[1] I. Introduction The California Consumer Privacy Act (hereinafter, “CCPA”) grants consumers the right[2] to access their personal information (consumers may request businesses to disclose, free of charge, the types of their […]
2020 年 7 月 28 日

Major Precautions after the Implementation of the Contract Part of the Civil Code (Mainland China)

Teresa Huang and Jolene Chen [1] The Civil Code was adopted by the Third Session of the Thirteenth National People’s Congress on May 28, 2020, and will go into effect on January 1, 2021, when the era of the Civil […]
2020 年 7 月 3 日

Introduction of Major Changes to the Commercial Matter Adjudication Law (Taiwan)

Teresa Huang and Jenny Chen[1] I. Introduction of major changes to the Commercial Matter Adjudication Law Since the occurrence of an incident involving commercial disputes has a significant impact on a company’s shareholders, creditors and the public investment market, the […]