Bulletin
January 2002 Issue
Bulletin
HIGHLIGHTS OF COMPANY LAW AMENDMENTS
The Company Law has been extensively over-hauled in order to facilitate Taiwan's economic development, advance the government's policy of administrative reform, and simplify company registration procedures. The amended Law was promulgated by the President on 12 November 2001, and came into force on November 14. The amendment affects 235 articles, with 24 new articles, 55 repealed, and a further 156 revised. The main points ... MoreCOMPETITION
CORPORATION
- COMPANY REGISTRATION AP-PLICATIONS MUST STATE MODE OF RESOLUTION
- SHARE CERTIFICATES MUST BE ISSUED IF PAID-UP CAPITAL EXCEEDS NT$500 MILLION
- TREATMENT OF BRANCH OF-FICES OF ABSORBED COMPA-NIES
ENVIRONMENTAL PROTECTION
GOVERNMENT CONTRACTS and INFRASTRUCTURE
- PCC ANNOUNCES RULES FOR ENFORCING GPL ARTICLE 26
- PERFORMANCE BONDS MAY BE RELEASED ACCORDING TO PROJECT PROGRESS
- CONTRACTS FOR WORKS LONGER THAN ONE YEAR SHOULD BE INDEX LINKED
LABOR
- DRAFT LAW TO PROTECT WORKERS IN MASS LAYOFFS
- WORKERS' LEGAL AID REGU-LATIONS ANNOUNCED
- QUALIFICATION REQUIREMENTS FOR FOREIGN SPECIALISTS RELAXED
- DRAFT WORKERS' RETIREMENT FUND STATUTE
- RETIREMENT FUND EXCESS CAN BE USED FOR SEVER-ANCE PAY
- OCCUPATIONAL HAZARD PRO-TECTION LAW ENACTED
INSURANCE
- MINIMUM CAPITAL ADEQUACY RATIO FOR INSURERS TO BE SET AT 200%
- RULES FOR INVEST-MENT-TYPED PRODUCTS AN-NOUNCED
- INSURANCE PREMIUMS DE-REGULATED
INTELLECTUAL PROPERTY RIGHTS
- CIVIL AND CRIMINAL COURTS CANNOT EXAMINE TRADEMARK AND PATENT VALIDITY
- COUNTERFEIT TRADEMARKS ILLEGAL EVEN IF UNUSED
- DOMESTIC SALE OF TRADE-MARKED GOODS MADE FOR EXPORT CONSTITUTES IN-FRINGEMENT
- SALE OF PIRATED GAMES CDS CONSTITUTES USE OF A FALSE INSTRUMENT
- UPDATE ON TWNIC DOMAIN NAME DISPUTE RESOLUTIONS
- AMENDMENTS TO THE COPY-RIGHT LAW
- COPYRIGHT PROTECTION AF-TER TAIWAN'S WTO ENTRY
- ROC-GERMAN MEMORANDUM OF UNDERSTANDING
- AGREEMENT ON RECIPROCAL PRIORITY RIGHT WITH THE NETHERLANDS
- MOEA ANNOUNCES LIST OF RECOGNIZED FOREIGN PATENT DEPOSITORIES
- PATENT FEE REGULATIONS AMENDED
- RETROACTIVE EXTENSION OF PATENT TERM
- MORE CHANGES IN PATENT PRACTICES
- PRC AMENDS TRADEMARK LAW
LITIGATION
INVESTMENT
SECURITIES
- AMENDMENTS TO SEL AND TO GUIDELINES FOR MERGERS OF SITES/INTRODUCTION OF PRI-VATE PLACEMENT FOR COR-PORATE BONDS
- REGULATIONS GOVERNING MUTUAL FUNDS
TAX
- TREATMENT OF TAX DATA DISCOVERED AFTER IRREVO-CABLE OUTCOME OF ADMIN-ISTRATIVE REMEDIES
- MULTIPLE RATES OF FUTURES TRANSACTION TAX
- REVERSED SURPLUS EARNINGS MAY BE DEDUCTIBLE FROM UNDISTRIBUTED SURPLUS