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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 Contract Law in Taipei, Taiwan

Contract law in Taipei, Taiwan is governed by the Civil Code and other relevant legislation. Contracts are legally binding agreements between two or more parties, establishing rights and obligations that can be enforced by law. It is essential to understand the basics of contract law in Taipei, Taiwan to ensure your rights are protected and obligations are met.

Why You May Need a Lawyer

There are various situations where consulting a lawyer specializing in contract law in Taipei, Taiwan can be beneficial. Some common scenarios where legal help may be required include:

  • Negotiating or drafting a contract
  • Breaches of contract by the other party
  • Disputes over contract terms or interpretation
  • Terminating or rescinding a contract
  • Enforcing contractual rights or seeking remedies

Local Laws Overview

Understanding the local laws that govern contracts in Taipei, Taiwan is crucial. Here are some key aspects you should be aware of:

  • Freedom of contract: Taipei, Taiwan follows the principle of freedom of contract, allowing parties to negotiate and determine the terms of their agreements.
  • Contract formation: Contracts can be formed orally or in writing, but some types of contracts may require written documentation to be valid.
  • Contract interpretation: Contracts are interpreted based on the intention of the parties, and if the intent is not clear, the law will consider the usual meaning and purpose of the terms.
  • Breach of contract: If one party fails to fulfill their contractual obligations, the injured party can seek damages or specific performance as remedies.
  • Time limits: There are specific statutes of limitations that apply to filing legal actions related to contracts, so it is essential to be aware of these time limits.

Frequently Asked Questions

Q1: What is the legal age to enter into a contract in Taipei, Taiwan?

A1: The legal age to enter into a contract in Taipei, Taiwan is 20. Minors under this age generally lack the capacity to form binding contracts, with some exceptions for certain types of contracts and parental consent.

Q2: Can a contract be canceled after it is signed?

A2: Cancelling a contract after it is signed requires valid legal grounds. If both parties mutually agree to cancel the contract, it can be done. Otherwise, cancellation may only be possible if there is a breach of contract or if specific conditions outlined in the contract are met.

Q3: Are oral contracts enforceable in Taipei, Taiwan?

A3: Yes, oral contracts are generally enforceable in Taipei, Taiwan. However, it is always advisable to have contracts in writing, as written contracts provide a clear record of the parties' intentions and terms, making it easier to resolve potential disputes.

Q4: What remedies are available for breach of contract in Taipei, Taiwan?

A4: The injured party can seek various remedies for breach of contract in Taipei, Taiwan, including claiming damages to compensate for losses, specific performance to enforce the terms of the contract, or cancellation of the contract in certain situations.

Q5: Can I use a template contract for my business in Taipei, Taiwan?

A5: While using a template contract can be helpful, it is crucial to ensure it aligns with the relevant laws and regulations in Taipei, Taiwan. Engaging a lawyer to review or customize the template contract based on your specific needs is advisable to protect your interests.

Additional Resources

For further information and assistance related to contract law in Taipei, Taiwan, the following resources can be helpful:

  • Taipei Bar Association: www.taipeibar.org.tw
  • Judicial Yuan of the Republic of China (Taiwan): www.judicial.gov.tw
  • Taiwan Intellectual Property Office: www.tipo.gov.tw

Next Steps

If you require legal assistance for contract matters in Taipei, Taiwan, follow these steps:

  1. Identify your specific legal needs and goals regarding the contract.
  2. Research and select a reputable lawyer experienced in contract law in Taipei, Taiwan.
  3. Contact the lawyer to schedule an initial consultation to discuss your situation.
  4. During the consultation, provide necessary documentation and explain your concerns in detail.
  5. After evaluating your case, the lawyer will advise you on the best course of action and potential legal strategies.
  6. If you decide to proceed, follow your lawyer's guidance to navigate the legal process smoothly.
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.