Taiwan

Insight

Amendment to Article 54 of the Labor Standards Act Encouraging Older Employees to Continue Devoting Themselves to Work

In view of the labor shortage crisis, the Legislative Yuan passed the draft amendment to Article 54 of the Labor Standards Act (LSA) on 15 July, aiming to prevent the mandatory retirement age from deterring older workforce from continuing to work.

Overview

Our Taiwan lawyers advise clients on some of the largest transactions in the Asia Pacific region, including project financing for Taiwan’s USD 14 billion high-speed rail system and Chi-Mei Optoelectronics’ USD 2.3 billion merger with Innolux Corporation, one of the largest mergers in Taiwan’s high-tech sector. We also represented Taiwan's Hon Hai Precision Industry on its USD 3.5 billion investment in Sharp Corporation — the first acquisition of a major Japanese electronics company by a foreign company.

Offices

Taipei

15F, 168 Dunhua North Road
Taipei 105405
Taipei

Tel: +886 2 2712 6151 Fax: +886 2 2712 8292

Market-leading strength

Since 1975 our Firm has been helping multinational companies and investors succeed in the Taiwan market. We leverage our local knowledge and global perspective to support clients in finding the best ways to structure their local investments and operations.

Our market leading Banking & Finance team works with Taiwanese and international banks and other corporate borrowers on matters including mergers and acquisitions and financing for national infrastructure projects. Ranking among Taiwan's leading litigators, our Dispute Resolution lawyers represent clients in local and multi-jurisdictional corporate and commercial disputes, as well as white collar crime cases.

We organize monthly training events and seminars for our lawyers in the Asia Pacific region and participate in the Associate Transfer Program, which offers six to 12–month secondments to different offices around the world. We also offer client secondments for six to 12–month assignments.

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Our Taipei office participates in numerous CSR activities, including the annual V-MEN Charity Run Against Violence organized by The Garden of Hope Foundation to raise awareness about sexual exploitation and human trafficking.

We also sponsor and co-organize the annual Carnival for Orphans held at Taipei Nangang Sports Center, where children from different orphanages participate in a dance competition and other group activities.

We provide pro bono legal services to the NTU Garage, a program organized by National Taiwan University to support students interested in establishing start-up companies, and the Child Welfare League Foundation, which provides educational materials for underprivileged children.

Key Contacts

Managing Partner
Grace Shao

Managing Partner
- Taipei
+ 886 2 2715 7306 Email