Ministry of Economic Affairs R.O.C.(Taiwan)
Laws and Regulations Retrieving System

Article 1
The following regulations are set forth in accordance with Paragraph 3, Article 9 of the Statute for 
Investment by Overseas Compatriots 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 or file the application in one installment within two months after they are fully 
implemented.

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 remits funds in a foreign currency for the investment, 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.
3.If an investor brings in bank notes in a foreign currency for investment, 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 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.
5.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.
6.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.
7.If the investment is capitalized through stock divisions due to mergers, demergers, or 
acquisitions, the amount of investment shall be verified as the dollar amount set forth at time of 
investment approval.
8.If the investment is capitalized through creditor rights, 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 by wire transferring foreign currency shall provide the competent 
authority with the following documents for verification:
1.Application for investment verification.
2.Photographic copies of the bank advice of inward remittance or bank draft issued in relation to 
any incoming wire transfers.
3.If the investor purchases NTD to fund the investment, the investor shall submit the foreign 
exchange receipt issued for the purchase of NTD from the settlement bank; If the investor does not 
purchase NTD, the investor shall submit photographic copies of other transaction certifications 
from the beneficiary bank.
4.Photographic copies 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 equity in the preceding paragraph is acquired from a Taiwanese shareholder, investors are 
not required to provide the documents mentioned in Subparagraph 4 above. Nonetheless, investors 
shall provide the statement of the completion of stock equity transfer by the domestic company, 
transferrer, or transferee, and the receipt of payment.
If an investment according to Paragraph 1 is completed by an investor group consisting of two or 
more investors, investors shall submit 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 bringing in foreign currencies in cash for investment shall provide the competent 
authority with the following documents for verification:
1.Application for investment verification.
2.Certification documents issued by the customs.
3.If the investor purchases NTD to fund the investment, the investor shall submit the foreign 
exchange receipt issued for the purchase of NTD from the settlement bank; If the investor does not 
purchase NTD, the investor shall submit photographic copies of other transaction certifications 
from the beneficiary bank.
4.Photographic copies 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 equity in the preceding paragraph is acquired from a Taiwanese shareholder, investors are 
not required to provide the documents mentioned in Subparagraph 4 above. Nonetheless, investors 
shall provide the statement of the completion of stock equity transfer by the domestic company, 
transferrer, or transferee, and the receipt of payment.
If an investment according to Paragraph 1 is completed by an investor group consisting of two or 
more investors, investors shall submit the investment amount statement of the investors. If the 
investment amount is brought into the country by one of the investors, the investors shall submit a 
statement of the carrying of the currency on behalf of the investor group.


Article 6
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.Application for investment verification.
2.Photographic copies 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 equity in the preceding paragraph is acquired from a Taiwanese shareholder, investors are 
not required to provide the documents mentioned in Subparagraph 2 above. Nonetheless, investors 
shall provide the statement of the completion of stock equity transfer by the domestic company, 
transferrer, or transferee, and the receipt of payment.

Article 7
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.Application for investment verification.
2.Documents showing evidence of investors transferring or licensing their intellectual property 
rights to invested business or the preparatory office thereof.

Article 8
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.Application for investment verification.
2.Certification of the entry of goods issued by the customs.

Article 9
Investors using NTD to purchase equipment and raw material in Taiwan shall provide the 
competent authority with the following documents for verification:
1.Application for investment verification.
2.Photographic copies 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 proof showing investors have 
undertaken steps to capitalize the investment.

Article 10
Investors capitalizing investments through mergers, acquisitions, demergers, or stock divisions 
shall provide the competent authority with the following documents for verification:
1.Application for investment verification.
2.The invested business or its preparatory office shall provide proof showing investors have 
undertaken steps to capitalize the investment.

Article 11
Investors capitalizing with the credit through reorganization shall provide the competent authority 
with the following documents for verification:
1.Application for investment verification.
2.The invested business shall provide proof showing investors have undertaken steps to capitalize 
the investment.

Article 12
An application for verification may be exempted under any of the following conditions:
1.Investors transferring ownership in shares of the invested business to other overseas compatriots 
or foreign nationals with the transaction being completed outside of Taiwan, and with no capital 
flowing into Taiwan.
2.Investments by investors through gifts, inheritance, capital increase through conversion of 
earnings or capital surplus.

Article 13
Where an investor applies for investment verification in accordance with the Regulations, the 
competent authority may, where necessary, request the investor to submit a photographic copy of a 
CPA-audited capital verification audit report, proof stating the percentage of the investor's 
ownership of outstanding shares in a domestic enterprise, or other designated documents.

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