All companies established in China, including foreign-invested enterprises, are obligated to follow certain procedures in accordance with China’s Company Law in order to wind up and dissolve their operations. In recent years, a number of foreign investors in China have abandoned their Chinese operations and fled the country, leaving behind bank loans and other unpaid debt and failing to pay salaries to their Chinese workers.
Owners of popular brands in China and Taiwan often fall pray to “cyber squatters” who register domain names related to their known products and services, and expect to be paid for transferring or renting domain registrations. Sometimes cybersquatters even register confusingly similar domain names just to divert or disrupt the business of a competitor.
In a move widely expected to speed up approvals of patent applications, Taiwan’s government has announced that evidence of foreign patent applications may be submitted when applying for invention patents in Taiwan.
The government of Taiwan has announced that it will seek to join the Government Procurement Agreement (“GPA”), a plurilateral agreement organized and administered by the World Trade Organization that ensures fairness of competition between domestic and multinational enterprises bidding on government procurement, te
Partners Nicholas V. Chen and Michael D. Lee jointly delivered a keynote address titled “New Opportunities in the Era of Direct Cross-Strait Aviation” at the Third China Aeroleasing Summit, an elite gathering for executives and professionals in China’s aviation and aircraft leasing sector.
The presentation outlined numerous economic opportunities expected as a result of the historic November 4, 2008 agreement between Beijing and Taipei restoring direct air and sea transport links.
Taiwan companies that pay certain types of allowances and expenses on behalf of foreign professional employees will be able to claim such payments as company expenses for tax purposes following enactment of new regulations taking effect on January 1, 2009.
Pamir Law Group is pleased to announce that it now provides clients with assistance in establishing and operating the Curacao Private Foundation, an ideal vehicle for offshore investment and trust applications.
China’s Energy Market Presents Unprecedented Opportunities Following Recent Market and Legal Developments
As the world’s second-largest energy consumer after the United States, China’s energy sector accounted for half of worldwide growth in energy consumption last year.
According to Pamir Law Group Managing Partner Nicholas V. Chen, China’s energy sector is expected to virtually explode with growth in the next several years.