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Difference Between Payment From Third Party and Electronics
The payment and collection via mobile becomes prevalent and popular around the world. The payment via cash is substituted by the mobile gradually. The common payment apps in Taiwan are Apple Pay, Line Pay, and JKOPay. Besides, payment mobile is also included third-party payment and electronic payment. Although these functions are all counted as mobile payment, the nature and scope of business is totally different.
Revision of Taiwan Employment Insurance Act
To increase the benefits for labors and make the insurance sources more accessible by Ministry of Labor, the labors who apply for unemployment benefit, vocational training living allowances, and parent leave allowances can be applicable to the following new regulations from 18/01/2022 for improvement of labors’ living quality.
Taiwan Company Qualification of Investors from Mainland China
According to the definition of 3rd article in “ Measures Governing Investment Permit to the People of Mainland Area”: “ The investors mentioned herein refer to the individuals, juristic persons, organizations, other institutions from Mainland and the companies they invest into in a third area which are, in accordance with these Measures, engaged in investment behaviors in Taiwan area.
The Latest Par Value System for Company Limited by Shares in Taiwan
For the sake of full correspondence of par value of Company Limited by Shares, which was enacted in the old version Company Act in Taiwan, the system of par-value stock was born hereafter. Due to no minimum amount of par value of shares regulated by laws, it is workable to set a super low amount of par value in the articles of incorporate to ease the difficulty of fundraising the amount of par-value stock theoretically, which is lower than the actual amount of par value.
CFC Regulation in Taiwan Company
With the upcoming deadline of special law of repatriated fund within the last two years till now (the law will be expired on August.), CFC regulation is about to come on the heels of it in 2020 by the arrangement of Ministry of Finance in Taiwan. Hundreds of businessmen in Taiwan who preferred to register their companies in BVI or Cayman Islands and invested firms in other countries is going to face an influential effect shortly.
Setting up Company and Branch Office in Taiwan by Foreign Company
In order to establish a corporation in Taiwan, the foreign investor(s) should obtain approval under the Statute for Investment by Foreign Nationals ("SIFN"). A company established under SIFN is usually referred to as a Foreign-Investment-Approved ("FIA") company. Certain industries are prohibited or restricted from foreign investment under SIFN.
Introduction to Business Structures in Taiwan Available to Foreign Investors
There are four types of companies in Taiwan: unlimited company, unlimited company with limited liability shareholders, limited company and company limited by shares. Unlimited company and unlimited company with limited liability shareholders are rarely used in practice; a company limited by shares is the most common form of business undertaken for foreign investors in Taiwan.
Taiwan Branch Office Business Place Pre-search
To establish a Taiwan company, a business place within the territory of Taiwan for registration is required.Suppose that the location of business place is at Taipei City, the procedure of “Business Place Pre-search” shall be finished preliminarily to confirm if the intended business items are complied with the urban plan and other related prescribed laws.
The Difference Between TWSE Listing, TPEx Mainboard Listing and Emerging Stock Companies in Taiwan
TWSE Listing, TPEx Mainboard Listing and Emerging Stock companies in Taiwan are all referring to companies with outstanding shares held by outsiders’ investors. The main differences are the listing criteria and trading rules.Emerging Stock company refers to the companies which shares are issued and traded in the emerging stock market, and neither is TWSE Listing nor TPEx Mainboard Listing. Before a company registers for TWSE or TPEx Listed
Revision of Taiwan Business Mergers And Acquisitions Act
From 30/12/2020, parts of revised articles in “Business Mergers And Acquisitions Act” are passed and adopted by the department of executives in Taiwan. The revised parts are included to increase the transparency of information for business mergers, to grant the power of purchase for shareholders who vote against merger, to loosen the asymmetric merger