Wednesday, January 7, 2009

Taiwan Investment II

Original post by www.taiwanlawresource.com



Repeat from previous post


All foreign investment must get approval to invest in Taiwan. Approval is through the Investment Commission(IC), Ministry of Economic Affairs(MOEA).


The application form can be found
here.
A clear illustration of the procedure can be found
here.
A summary of setting up a business can be found
here.

A great website on Investing in Taiwan is maintained by the
Department of Investment Services(DOIS), MOEA.

Relevant Laws and Regulations:

Tuesday, September 2, 2008

Taiwan Investment

Original post by www.taiwanlawresource.com



Repeat from previous post


All foreign investment must get approval to invest in Taiwan.  Approval is through the Investment Commission(IC), Ministry of Economic Affairs(MOEA).


The application form can be found
here.
A clear illustration of the procedure can be found
here.
A summary of setting up a business can be found
here.

A great website on Investing in Taiwan is maintained by the
Department of Investment Services(DOIS), MOEA.

Relevant Laws and Regulations:

Thursday, June 26, 2008

Financial Supervisory Commission


Original post by www.taiwanlawresources.com.

Financial Supervisory Commission


The main function of The Financial Supervisory Commission, Executive Yuan is to consolidate the supervision of banking, securities and insurance sectors, and to act as a single regulator for all of these industries. Thus, there are four bureaus under the Commission:

Banking Bureau
Insurance Bureau
Securities and Futures Bureau
Financial Examination Bureau

In addition, there are 4 departments
Department of Planning
Department of Internal Affairs
Department of Legal Affairs
Department of Info Management

The Legal framework of the domestic financial market comes from the following laws:
The Financial Holding Company Act
The Banking Act of the Republic of China
The Securities & Exchange Act
Insurance Law

In dealing with securites, the Securities and Futures Bureau is the main governing body.
Taiwan Stock Exchange Corporation
Gre Tai Securities Market
Taiwan Futures Exchange
Taiwan Securities Central Depository Co., Ltd
Securities & Futures Institute
Taiwan Securities Association
Securities Investment Trust & Consulting Association
Chinese National Futures Association
Securities and Futures Investors Protection Center
Accounting Research and Development Foundation
Taiwan Ratings
Securities and Futures Laws and Regulations

In dealing with banking, the Banking Bureau is the main governing body.
Central Deposit Insurance Corp. (CDIC)
Financial Information Service Co., Ltd. (FISC)
Joint Credit Information Center (JCIC)
Taiwan Depository and Clearing Corporation (TDCC)
Taiwan Academy of Banking and Finance (TABF)
The Bankers Association of the Republic of China (BAROC)
The Taipei Bills Finance Association (TBFA)
Banking Laws and Regulations


In dealing with insurance, the Insurance Bureau is the main governing body.
Peripheral Institutions:
Insurance Institute of the Republic of China
The Non-Life Insurance Association of the Republic of China
The Life Insurance Association of the Republic of China
The Non-Life Underwriters Society of the R.O.C
Risk Management Society of Taiwan, R.O.C.
The Actuarial Institute of the R.O.C.
Life Insurance Management Institute of the R.O.C.
Insurance Agents Association of the R.O.C.
Insurance Brokers Association of the R.O.C.
Surveyors Association of Taipei
Taipei Insurance Service Association
Insurance Laws and Regulations


In dealing with Financial Examination, the Financial Examination Bureau is the main governing body.
Central Bank of China
Ministry of Finance

Monday, June 23, 2008

Taiwan Chambers of Commerce


Original post by www.taiwanlawresources.com.

Here is a list of the Chambers of Commerce in Taiwan.



Wednesday, June 18, 2008

Investing in Taiwan


Original post by
www.taiwanlawresources.com

Investing in Taiwan
All foreign investment must get approval to invest in Taiwan. Approval is through the
Investment Commission(IC), Ministry of Economic Affairs(MOEA).

The application form can be found
here.
A clear illustration of the procedure can be found
here.
A summary of setting up a business can be found
here.

A great website on Investing in Taiwan is maintained by the
Department of Investment Services(DOIS), MOEA.


Relevant Laws and Regulations:

Statute for Investment by Foreign Nationals
Statute for Investment by Overseas Chinese
Negative List for Investment by Overseas Chinese and Foreign Nationals (PDF file)
Statute for Upgrading Industries (Word file)
Enforcement Rules of the Statute for Upgrading Industries
Company Act
Standards for Identifying Small or Medium-sized Enterprises
Foreign Trade Act
Regulations Governing Registration and Administration of Exporters and Importers
Trademark Act
Patent Act
Copyright Act
Fair Trade Act
Table of Service Life of Fixed Assets (Word file)
Income Tax Act
Customs Law
Value-added and Non-value-added Business Tax Act
Enforcement Rules of Value-added and Non-value-added Business Tax Act
Regulations Governing the Offsetting or Refund of Duties and Taxes on Raw Materials for Export Products
Regulations Governing Customs Bonded Factories
Regulations Governing the Establishment and Management of Bonded Warehouses
Labor Standards Act
Enforcement Rules of the Labor Standards Act
Rules on Leave-taking by Workers (Word file)
Statute Governing Issuance of ROC Visas in Foreign Passports
Regulations Governing Visiting, Residence and Permanent Residence of Aliens
Guidelines for Futures Trading by Foreign Institutional Investors and Overseas Chinese and Foreign Nationals Within and Outside ROC Territory
Registration Directions for Offshore Overseas Chinese and Foreign Nationals to Invest in ROC Securities or to Trade ROC Futures
Guidelines for Application for Investment in Taiwan Securities by Overseas Chinese and Foreign Nationals