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Editorial

Overview

Driven by its high-end technology manufacturing prowess, Taiwan’s GDP continues to expand, with the Taiwan Statistics Bureau projecting a 3.28% growth rate for 2015. Mainland China remains Taiwan’s main trading partner (two-fifths of the island’s exports go to the mainland) and there has been an improvement in cross-straits economic relations – championed by incumbent president Ma Ying-jeou, partly through the signing of a number of business pacts between the two countries.

These relatively benign market conditions continue to benefit the major transactional law firms in the region, with strategic M&A being fairly active.

Lee and Li is the largest local law firm by far, and is the undoubted market leader as a result of its strength and depth across the full spectrum of practice areas. Various other firms – including Tsar & Tsai Law Firm, Formosan Brothers Attorneys at Law and Formosa Transnational – have highly credible offerings across multiple practice areas and provide stiff opposition in select areas.

Several international law firms are also present in the country, including Baker & McKenzie, which has a robust presence in all practice areas. On a smaller scale, Jones Day has had a significant presence in the country since its establishment in 1990 and is particularly accomplished at representing international clients in cross-border mandates.

In addition to the country’s significant biotechnology and medical research industries, Taiwan has also established itself as one of the world’s leading exporters of high-end electronic components and products. Consequently, intellectual property matters generate a significant volume of work in the jurisdiction. Much of this is trade mark and patent filing and prosecution, which is undertaken by law firms and patent and trade mark firms, the most significant of these being Saint Island Group, TIPLO Attorneys-at-Law and Top Team International Patent & Trademark Office.

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Press releases

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Legal Developments in Taiwan

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  • New Leniency Program for Suspected Concerted Actions

    A leniency program for potential unlawful actions constituting “concerted action” under the ROC Fair Trade Act of 2011 (the “FTA”) was recently instituted towards the end of 2011, due in part to discussions between the Taiwan Fair Trade Commission (“TFTC”) and the Organisation for Economic Co-operation and Development (OECD).

Press Releases worldwide

The latest news direct from law firms. If you would like to submit press releases for your firm, send an email request to
  • OLG Frankfurt: Misleading advertising featuring corporate history

    If over the course of its history a company was split up, advertising featuring the company’s history may be misleading. That was the verdict of the OLG Frankfurt (Higher Regional Court of Frankfurt) in a recent ruling (6 U 167/14).
  • Gender Pay Gaps: The Latest Reporting Requirements

    On average, male employees are paid more than female employees. In 2015, men working full-time were paid approximately 9.4% more than women working full-time. As a result, the government is working to introduce measures with the aim of reducing this gap.
  • European Commission Recognises The Importance Of Crowdfunding

    It has been announced last week that the European Commission (EC) has published a report on the EU crowdfunding sector, as part of its Capital Markets Union Action Plan. In doing so, the EC has recognised the growing importance of crowdfunding platforms – websites that allow fundraisers to interact with investors and donors – for the improved economic growth and job creation in Europe. Despite being acknowledged as relatively small at this moment in time, its rapid development has been noted, and for that reason, efforts are being made for crowdfunding to be appropriately regulated en route to becoming one of the key sources of financing for small & medium sized enterprises in the future.
  • Pitmans acts on Westcoast’s acquisition of Art Systems Holdings Ltd

    Pitmans LLP has acted on behalf of its longstanding client, Westcoast (Holdings) Limited on its acquisition of Art Systems Holdings Limited.
  • Dubai Investors Take Ownership Of Porto Montenegro

    One of the biggest news reports in the region last week was the acquisition of Porto Montenegro , the luxury yacht marina located in Tivat, by the Investment Corporation of Dubai (ICD). The marina was handed over to the new owners during a press conference at the Regent Hotel, where the accompanying protocol was signed by ICD's Executive Director, Sheikh Mohammed Al Shaibani, and the CEO of the marina's previous owner – Adriatic Marinas, Oliver Corlette. The conference was also attended by the Montenegrin Prime Minister, Milo Đukanović, and the Minister of Sustainable Development and Tourism, Branimir Gvozdenović.
  • Insolvency Update: Changes that take effect from April 2016

    The Department of Justice has issued a practice direction in connection with the new insolvency express trials pilot.
  • The Apprenticeship Levy

    Following last year’s autumn statement, HMRC has now published draft legislation which introduces the proposed new apprenticeship levy. The levy will have effect from 6 April 2017.
  • https://www.karanovic-nikolic.com/knnews/Pages/2016/04/28/Competition-Commission-Joins-Forces-with-t

    Another piece of news related to our competition team in Serbia are the recent signings of a Memorandum of Understanding and Agreement of Cooperation in the field of forensics between the Commission for the Protection of Competition and the Ministry of Internal Affairs (MIA).
  • Chinese Company To Invest In Bosnian Thermal Plant

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  • Karanović & Nikolić Attends Commission’s Anniversary

    ​Karanović & Nikolić attorneys were among the guests at the Republic of Serbia's Commission for the Protection of Competition's 10 year anniversary celebration, which also included an international conference on the topic of the law and policy of competition protection. The conference was opened by Deputy Prime Minister, Prof. Dr Kori Udovički, President of the Commission for Protection of Competition, Dr Miloje Obradović, President of the National Assembly's Committee for Economy, Regional Development, Trade, Tourism and Energy, Dr Aleksandra Tomić, and European Union Delegate, Steffen Hudolin.