In the past year, positive steps have been taken by the Financial Supervisory Commission (FSC) to build a better business environment and stimulate financial product innovation in Taiwan. In the newly published 2017 Taiwan White Paper, the Asset Management Committee of the American Chamber of Commerce in Taipei commends these reforms. The Asset Management Committee…

After much controversy, a revised Labor Standards Law has now been enacted in Taiwan.

In order to increase business competitiveness while continuing to protect the local labor force, the American Chamber of Commerce’s Human Resources Committee recommends that the Ministry of Labor (MOL) make the Labor Standards Law (LSL) more flexible and more predictable. The current labor laws regulating overtime work and employer-employee relations are based on traditional labor-intensive…

As technologies continue to evolve from devices to software, and technology start-ups continue to drive market growth, Taiwan is faced with the challenge of advancing its entrepreneurial ecosystem and promoting innovative technologies in order to retain technological leadership in the region. In its position paper in the American Chamber of Commerce’s recently published 2017 Taiwan…

Taiwan’s government is launching plans for an ambitious set of wide-ranging infrastructure projects – many of them of a complex, challenging, and specialized nature. In the recently published 2017 Taiwan White Paper, the Infrastructure & Engineering Committee of the American Chamber of Commerce in Taipei recommends the government actively encourage more international companies to participate in…

Through improved legislation, stricter enforcement, and the fast-tracking of intellectual property rights (IPR) cases through the court system, Taiwan has developed one of the strongest IPR protection regimes in the Asia Pacific region. While acknowledging the progress already achieved, however, the Intellectual Property & Licensing section of the newly published 2017 Taiwan White Paper of…

Taiwan’s Environmental Protection Administration (EPA) introduced the Green Mark program in 1992 as a voluntary eco-labeling system intended to “promote the concept of recycling, pollution reduction, and resource conservation.” The program divides products into over a hundred categories, each with a specific set of criteria that align product categories with sustainable development principles. In the…