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What does the procedure of overseas Chinese & foreign investment?

  1. Checking the Company Name
 
  • Investors should first select a Chinese name for the company that will be setting up in Taiwan. The company that they set up must then file an application for pre-review of the company name and business scope as well as to retain the company name during the prereview period with the Central Region Office, MOEA.
 
  1. Permission for Investment
 
  • An investor is required to submit the Investment Application Form and relevant documents to the Investment Commission, MOEA. If the invested company is located in an export processing zone or a science park, then the investor should apply directly to the administrative agency in charge of that zone or park.
 
  1. Approval of Investment Amount
 
  • For investors making inward remittances of foreign currencies, investment funds may be remitted from abroad after the investment is approved. When the remittance is settled in NT dollars, the original approval documents should be submitted to the domestic bank handling the transaction, and approval of the investment amount must be authorized by the authority which approved the investment according to the paragraph above.
 
  1. Registration of a Company
 
  • If the company being established involves an investment of NTD 500 million or more, the investor should apply to the Department of Commerce, MOEA, for the registration of his/her company. If the investment is less than NTD 500 million, the investor should apply to the local municipality government or the Central Region Office, MOEA(for Taiwan Province, Kinmen, and Matsu), depending on location. If the company being set up is located in an export processing zone, science park or free trade zone, the investor should apply directly to the administrative agency in charge of that zone or park.