Widely considered the first legal test of Beijing’s national security law for the city, the Court of Final Appeal in Hong Kong denied bail to Apple Daily founder Jimmy Lai. The ruling stipulated that no bail should be granted to those charged with national security violations unless they have sufficient proof, as the new legislation excludes the presumption in favor of bail under the general criminal procedure ordinance.
Read more: https://bit.ly/3rBX128
黎智英保釋案,是自國安法去年7月實施以來,終審法院首宗處理關於國安法的案件。終院於判詞指出,國安法是人大常委會的立法行為,本港法庭無權審核國安法是否違反《基本法》或《公民權利和政治權利國際公約》。而國安法第42條特別為國安案件設下全新和較嚴格批准保釋門檻,考慮起點與一向採用的《刑事訴訟程序條例》第9條截然不同。
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legal procedure 在 Apple Daily - English Edition Facebook 的最佳貼文
#Opinion by Wang Dan 王丹|"Regardless of our judgment on Trump’s personal style, we have to admit that his impact on the US will definitely live on."
Read more: https://bit.ly/3ksuY0W
"不管我們對川普的個人作風怎麼批判,我們必須承認,他對美國的影響必將繼續延續下去。"
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legal procedure 在 AppWorks Facebook 的最佳解答
[A quick overview on choice of legal entities for international founders setting up in Taiwan, part 1]
Hi, I’m Norman, an AppWorks Analyst. As an analyst here, one common question I’ve been hearing from international founders is: what type of business entities should I register for when I am trying to set up in Taiwan? And what are the differences among all the options?
Usually, international founders will approach local accounting firms for help, but it can be costly, usually around US$ 200~1,500, and still requires you to digest a lot of information before a decision can be made. My next two posts will be dedicated to giving international founders a quick overview on what options you have at your disposal and the key considerations to keep in mind. Hopefully after finishing reading these 2 posts, you will have a clearer understanding of what type of business entities you can set up in Taiwan. Let’s get started!
So far there are generally three ways to set up an entity in Taiwan:
1. Set up a representative office
2. Set up a local company
3. Set up a branch office
When founders are thinking about what type of entity to set up, the first thing you must consider is whether you are going to conduct business in Taiwan (meaning whether or not you are going to sell products or provide services in Taiwan.)
For founders who already set up an entity outside of Taiwan, you might want to find business partners, display your products, or appoint someone to represent the company in a legal capacity in Taiwan. If you are not planning to conduct business activities, then you can consider setting up a representative office. The procedure for setting up a representative office is the easiest one, as it just takes two weeks to one month. There is no need to file a capital verification report and proceed with business registration. Founders just need to file the registration application with the Ministry of Economic Affairs authority.
However, the representative office comes with its own limitations. As this type of entity is not allowed to conduct “any” business activities, which means you will not be able to complete any transactions and issue invoices. In addition, you can’t turn representative offices into another type of entity. As a result, if you set up a representative office successfully in Taiwan first, and then figure out that you should do business directly in Taiwan, you have to file another application to set up a new entity and also apply for nullification of the representative office registration.
Next week, I will introduce the other two options to wrap up this series on company setup in Taiwan. If you found this information valuable, be sure to follow our FB page to stay up-to-date on the latest posts. And if there’s anything you would like me to clarify, feel free to leave a comment below.
Photo by Kon Karampelas on Unsplash
By Norman Chi, AppWorks Analyst