Upon the occurrence of major transaction or the Taiwan companies’ merger invested by foreign entrepreneurs, MOEA usually request the applicant to present the independent expert opinion. Independent expert is referred as the third party like lawyer, accountant or securities broker who is not involved with the merger or others, so the qualification certificate of such experts is also required.
Taiwan electronic game arcade business is designed for publics to enjoy the puzzle and entertainment games.To manage the electronic game arcade business, “Electronic Game Arcade Business Regulations Act” was enacted by MOEA in accordance with the models of games and sites to manage and execute the registration, inspection, and punishment these related managements of electronic game arcade business.
A board of shareholders is consisted of all shareholders of a company. The purpose of shareholder resolutions is to manage the internal departments. A company limited by shares is required to hold a shareholder meeting once at least per year, which shall be held up within 6 months after the end of fiscal year. The shareholders can call a provisional shareholder meeting if necessary.
The full name of Taiwan startup funding loans is “Loans for Startup Funding for Young Entrepreneurs”, which is also abbreviated as “Startup Funding Loans”. The purpose of this loan aims for the startups to collect the necessary working capital within 5 years. The maximum amount of loads is dependent on the purposes and ways of each entrepreneurs.
Standardized contract is a common type of legal documents in Taiwan, including booking tickets online, rentals, and buying cars..etc.. In order to accelerate the progress of purchasing, the sellers usually would draft a copy of standardized contract and circle the signature area for buyers’ arrangement. It is much easier to have a conflict with sellers in the condition that the buyers didn’t go through the standardized contract in detailed perusal.
For companies which plan to set up a gymnasium or hold up sporty training classes, like street dance classrooms, gymnasium, yoga classrooms, or gym, the venues which square meters are under 300 are not required to apply for a special license. The company is able to start their business immediately after applying for the recognition of training sessions upon registration of company.
Taiwan labor insurance is a job-based insurance. Labors who physically wok in Taiwan are qualified for the coverage. However, the labors who meet the following special conditions are also qualified for the coverage, even unemployed temporarily.Under the status of employment, the insurer (company) cannot reject the coverage for insured persons (labors) and the application shall be submitted in papers.
Upon the closure of a Taiwan company, not owing to consolidation or bankruptcy, the company is obliged to appoint a liquidator to proceed the whole procedures of liquidation to make the juridical person ceasing to exit.For the liquidator of Taiwan company, if the liquidator is not resolved and adopted in the article of incorporation
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.
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.