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  • Lexgroup Newsletter (Issue No. 288)

    Content Types: NewsletterRegions & Countries: TaiwanServices: Legal
    The Legislative Yuan passed the third reading of the amendment ("Amendment") to the Labor Standards Act ("LSA") on January 10, 2018, which aims at relaxing certain flexibility in connection with the requirements for overtime hours, regular day-off arrangements, carrying forward of annual leave, and rest hours between shifts.
  • Lexgroup Newsletter (Issue No. 287)

    Content Types: NewsletterRegions & Countries: TaiwanServices: Legal
    Company Act 1. Draft Amendment to Company Act The Executive Yuan approved the draft amendment to the Company Act on December 21, 2017, which will be submitted to the Legislative Yuan for further review.
  • Lexgroup Newsletter (Issue No. 286)

    Content Types: NewsletterRegions & Countries: TaiwanServices: Legal
    On December 8, 2017, the Legislative Yuan passed the amendment to Article 61 of the Labor Standards Act, which will take effect after the President's promulgation.
  • Lexgroup Newsletter (Issue No. 285)

    Content Types: NewsletterRegions & Countries: TaiwanServices: Legal
    The President announced the amendments to the Statute for Industrial Innovation on November 22, 2017. For more details on the amendments, please refer to Item 6 of Issue No. 284 of the Lexgroup Newsletter.
  • Lexgroup Newsletter (Issue No. 284)

    Content Types: NewsletterRegions & Countries: TaiwanServices: Legal
    The Executive Yuan has approved the draft amendment ("Draft Amendment") to the Labor Standards Act ("LSA") on November 9, 2017, which will be submitted to the Legislative Yuan for further review. We summarize major points of the Draft Amendment below.
  • Lexgroup Newsletter (Issue No. 283)

    Content Types: NewsletterRegions & Countries: TaiwanServices: Legal
    On October 25, 2017, the Ministry of Finance ("MOF") announced that for a foreign individual (including legal entity), or an individual (including legal entity) of the Mainland Area residing and staying in the Taiwan Area for less than 183 days in a taxable year, the tax payable for dividends distributed by invested Taiwan companies shall be withheld at a rate of 21%.
  • Lexgroup Newsletter (Issue No. 282)

    Content Types: NewsletterRegions & Countries: TaiwanServices: Legal
    To establish a competitive and fair income taxation system, the Executive Yuan announced the draft amendments to the Income Tax Act on October 12, 2017. The major change in this tax reform is that the imputation system from the taxation of dividend will be abolished.
  • Foxconn invests in blockchain payment startup Abra

    Content Types: Recent TransactionRegions & Countries: TaiwanUSAIndustries: Banking & FinanceManufacturing...
    Contract manufacturing giant Foxconn has invested in a Silicon Valley-based blockchain payment startup, Abra, according to a post on Abra's website on 23 Oct.
  • Taiwan’s new favorite mascot bear – Bravo!

    Content Types: ArticleRegions & Countries: JapanTaiwanIndustries: Sports & Leisure
    After the cute Kumamon bear became Japan’s most popular mascot, now there is a new mascot bear becoming the new favorite in Asia. This black bear mascot came from Taiwan and he was the ambassador for Universiade 2017, his name is Bravo.
  • Tencent Will Sell You Insurance — in Its Apps

    Content Types: ArticleRegions & Countries: ChinaTaiwanIndustries: Information TechnologyInsurance
    Competition in China’s fast-growing online insurance industry is intensifying, as tech giant Tencent Holdings Ltd. recently secured a new license to sell insurance products on its popular messaging apps WeChat and QQ.

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