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Perkins Coie LLP

Perkins Coie LLP

Taipei, Taiwan

Founded in 1912
2,875 people in their team
Perkins Coie is a leading international law firm that is known for providing high value, strategic solutions and extraordinary client service on...
English

About Business Law in Taipei, Taiwan

Taipei, the capital city of Taiwan, is a booming economic hub where many local and international businesses thrive. Business laws in Taipei are governed by national regulations such as the Taiwan Companies Act, Civil Code, Securities and Exchange Act, and the Fair Trade Act. These comprehensive sets of laws ensure fair competition, transparent business operations, and protect the rights of stakeholders.

Why You May Need a Lawyer

You may require the help of a lawyer in certain situations such as starting a company, drafting contracts, merging or acquiring businesses, settling business disputes, or dealing with violations of business laws. A business lawyer can provide priceless counsel and guidance to prevent legal issues down the line, and ensure that your business transactions are legally sound and beneficial.

Local Laws Overview

Business laws in Taipei revolve around the formation and operation of companies, intellectual property rights, contract making, mergers and takeovers, arbitration and litigation, and securities regulation. They also provide clear guidelines for activities like marketing, product labelling, data protection, and anti-trust. Violations of these laws can incur heavy penalties. Therefore, it's crucial to have a basic understanding of them and maintain compliance.

Frequently Asked Questions

1. How do I start a company in Taipei?

You need to follow a specific process which includes registering your business name, obtaining approval for the company statutes, registering the company at the Companies Registry, and making mandatory announcements. A business lawyer can assist you with these processes.

2. Are there specific laws for foreign businesses in Taipei?

Yes, the “Statute for Investment by Foreign Nationals” and "Statute for Investment by Overseas Chinese" govern foreign investments in Taiwan. The investing entity will need to comply with these statutes and other relevant regulations.

3. What is the role of the Fair Trade Commission?

This independent government body is responsible for promoting competition, preventing monopolistic practices, ensuring business freedom and fairness, protecting consumer interests, and maintaining overall order in the marketplace.

4. Are business disputes handled differently in Taiwan?

Yes, under the Taiwan Code of Civil Procedure, parties involved in a dispute have the right to choose mediation before proceeding to litigation. If mediation fails, the case is forwarded to the courts.

5. Are intellectual property rights protected in Taipei?

Absolutely. Taiwan has strict laws to protect intellectual property, including trademarks, patents, and copyrights. Violations of intellectual property rights can result in severe penalties.

Additional Resources

You can avail numerous resources to further understand the business law in Taipei, including governmental bodies like the Department of Commerce (DOC), the Taiwan Intellectual Property Office (TIPO), and the Fair Trade Commission (FTC). Numerous online forums, legal service providers, and Chambers of Commerce also provide useful information.

Next Steps

If you need legal assistance related to business laws in Taipei, consider engaging the services of a lawyer. You can reach out to local law firms, legal service providers, or your local Chamber of Commerce for referrals. Always ensure that you verify the credibility and experience of the lawyer or firm before proceeding.

Disclaimer:
The information provided on this page is intended for informational purposes only and should not be construed as legal advice. While we strive to present accurate and up-to-date information, we cannot guarantee the accuracy, completeness, or currentness of the content. Laws and regulations can change frequently, and interpretations of the law can vary. Therefore, you should consult with qualified legal professionals for specific advice tailored to your situation. We disclaim all liability for actions you take or fail to take based on any content on this page. If you find any information to be incorrect or outdated, please contact us, and we will make efforts to rectify it.