Trade Disputes in Taiwan
- Arbitration is a solution for settling disputes. An arbitrator is called in who has to make the final decision.
- Arbitration Law
- Taiwan amended its Arbitration Law in 1998 to comply with the international standard as defined by the UNCITRAL Model Law. Many of the important provisions of the Model Law can be found in Taiwan’s Arbitration Law.
- Conformity to International Commercial Arbitration Rules
- Appointment of Arbitrators
- Parties may represent themselves or be represented by any advocate of their choice, whether or not legally qualified.
- Arbitration Procedure
However, where the parties
have not agreed on the arbitration procedure, the rules of the Arbitration Law shall apply. Where the Arbitration Law
does not provide such rules, Taiwan’s Code of Civil Procedure, or other rules deemed appropriate by the arbitration
tribunal, shall apply. The rules on service of process prescribed by the Code of Civil Procedure shall apply in arbitration. The Arbitration Law further provides that if expressly authorized by the parties, the arbitration tribunal may apply rules of equity when rendering its decision.
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