Article 1 
The following regulations are set forth in accordance with Paragraph 3, Article 9 of the
Statute for Investment by Overseas Chinese and Paragraph 3, Article 9 of the Statute for
Investment by Foreign Nationals.

Article 2 
Investors applying for investment verification shall have the investor, the investor’s
agent, the invested business or the agent of the invested business file the application
within two months of the initial formation of capital. 
Investors funding its invested business in installments shall be allowed to file the
application in installments.

Article 3 
The competent authority in charge of examining the forms of investment shall verify the
investment amount in accordance with the following:
1.If an investor purchases New Taiwan Dollars (“NTD”) to fund an investment, the
   amount of the investment shall be verified after deducting any commissions and other
   related charges.
2.If an investor purchases NTD to fund its operation capital, the amount of the investment
   shall be calculated after deducting any commissions and other related charges.
3.Upon approval, an investor can fund the investment with investor’s original currency
   remit via wire transfer. Funding the investment this way means that the investment
   amount would be verified as the amount of the incoming transfer in NTD calculated
   according to the foreign exchange rate of the beneficiary bank at the time of remitting
   inwards.
4.If an investor uses its original currency to buy shares of companies in Taiwan or to
   acquire shares from shareholders that had acquired their stock ownership in NTD, the
   amount of the investment shall be verified in NTD after deducting any commissions and
   other related charges.
5.If an investor uses patent rights, trademark rights, copyright, professional technical skills
   or other intellectual property rights as investment capital, the amount of the investment
   shall be verified as the worth or value of such legal rights at the grant of investment
   approval.
6.If an investor uses equipment or raw material as investment capital, the investment
   amount shall be determined as the F.O.B. price of such equipment and material at the
   customs in NTD calculated in accordance with the exchange rate on the date of import.
7.If an investor uses NTD to purchase equipment and raw materials in Taiwan, the amount
   of investment shall be verified as the actual dollar amount for the purchase by invoices.
8.If the investment is capitalized through mergers, acquisitions or stock divisions, the
   amount of investment shall be verified as the dollar amount set forth at time of
   investment approval.
9.If the investment is funded the credit through reorganization, the amount of investment
   shall be verified as the dollar amount set forth at time of investment approval.
For investors using other than the above-mentioned forms of investment, which are
authorized by other competent authority, the amount of investment shall be verified in
accordance with the standards set forth by the competent authority.

Article 4 
Investors capitalizing investment or acquiring of stock ownership from existing
shareholders in Taiwan by wire transferring foreign currency , shall provide the
competent authority with the following documents for verification:
1.One (1) original and two (2) photographic copies of the application for investment
   verification.
2.One (1) original and two (2) photographic copies of bank advice of inward remittance
   or two (2) photographic copies of bank draft issued in relation to any incoming wire
   transfers.
3.One (1) original and two (2) photographic copies of foreign exchange receipt issued for
   the purchase of NTD.
4.One photographic copy of 1) bank deposit slip issued by the bank in which the invested
   business holds an account or 2) the bank passbook of the invested business.
If stock is acquired from a Taiwanese shareholder, investors are not required to provide
the documents mentioned in Article IV, Subparagraph 4 above. Nonetheless, investors
shall provide one (1) photographic copy of documents showing evidence of the payment
of security exchange tax or receipt of payment for the acquired stock and stock transfer
agreement. 
If an investment according to Article III Paragraph 1 is completed by an investor group
consisting of two or more investors, investors shall submit an original copy of the transfer
statement showing the amount of the incoming wire transfer. If the wire transfer is
completed by one member of the investment group on behalf of the group, that investor
shall submit an original copy of the declaration of the wire transfer verifying the transfer
made by the investor on behalf of the investor group.

Article 5 
Investors that have been approved authorized to use their own currency as capital for
investment shall provide the competent authority with the following documents for
verification:
1.One (1) original and two (2) photographic copies of the application for investment
   verification.
2.One (1) original and two (2) photographic copies of bank advice of inward remittance.
3.One (1) original and two (2) photographic copies of other bank-issued proof showing
   evidence of the other transactions or two (2) photographic copies of bank draft issued in
   relation to any incoming wire transfers.
4.One (1) original copy of bank statement showing evidence of the amount of savings in
   the currency.

Article 6 
Investors bringing in foreign currencies in cash for investment shall provide the
competent authority with the following documents for verification:
1.One (1) original and two (2) photographic copies of the application for investment
   verification.
2.One (1) original and two (2) photographic copies of documents issued by the customs
   showing evidence of the carrying of the currency.
3.One (1) original and two (2) photographic copies of bank receipt showing the purchase
   of NTD using the carried-in cash.
4.One (1) photographic copy of 1) the bank deposit slip issued by the bank in which the
   invested business holds an account or 2) the bank passbook of the invested business.

Article 7 
Investors capitalizing investment using NTD or via acquiring of stock ownership from
existing shareholders in Taiwan by using NTD shall provide the following documents for
verification:
1.One (1) original and two (2) photographic copies of the application for investment
   verification.
2.One (1) photographic copy of 1) the bank deposit slip in which the invested business
   holds an account or 2) the bank passbook of the invested business.
3.If stock is acquired from a Taiwanese shareholder, investors are not required to provide
   the documents mentioned in Article VII Subparagraph 2 above.
Nonetheless, investors shall provide one (1) photographic copy of document evidencing
payment of security exchange tax or receipt of payment for the acquired stock and stock
transfer agreement.

Article 8 
Investors using patent rights, trademark rights, copyrights, professional technical skills or 
other intellectual property rights as investment capital shall provide the competent
authority with the following documents for verification:
1.One (1) original and two (2) photographic copies of the application for investment
   verification.
2.One (1) copy of documents showing evidence of investors transferring or licensing their 
   intellectual property rights to invested business or the preparatory office thereof.

Article 9 
Investors for their own using to import equipment and raw material as their investment
capital shall provide the competent authority with the following documents for
verification:
1.One (1) original and two (2) photographic copies of the application for investment
   verification.
2.One (1) original and two (2) photographic copies of entry of goods inward issued by the
   customs.

Article 10 
Investors using NTD to purchase equipment and raw material in Taiwan shall provide the
competent authority with the following documents for verification:
1.One (1) original and two (2) photographic copies of the application for investment
   verification.
2.One (1) photographic copy of invoices or other related documents showing evidence of
   the purchase of equipment and raw material.
3.The invested business or its preparatory office shall provide one (1) original copy of
   proof showing investors have undertaken steps to capitalize the investment.

Article 11 
Investors capitalizing investments through mergers, acquisitions, and stock divisions shall
provide the competent authority with the following documents for verification:
1.One (1) original and two (2) photographic copies of the application for investment
   verification.
2.The invested business or its preparatory office shall provide one (1) original copy of
   proof showing investors have undertaken steps to capitalize the investment.

Article 12 
Investors capitalizing with the credit through reorganization shall provide the competent
authority with the following documents for verification:
1.One (1) original and two (2) photographic copies of the application for investment
   verification.
2.Invested business or its preparatory office shall provide one (1) original copy of proof
   showing investors have undertaken steps to capitalize investment.

Article 13 
Investors transferring ownership in shares of the invested business to other overseas
Chinese or foreign nationals with the transaction being completed outside of Taiwan, and
with no capital flowing into Taiwan, shall not be required to file such an application for
verification.

Article 14 
This Regulations becomes effective on the date of promulgation.