What business scope is prohibited from Foreign Investment?
According to the “Statue for Investment by Foreign Nationals” and “Statue for Investment by Overseas Chinese” the followings are prohibited from investing by Foreign and Overseas Chinese
1. Those which may negatively affect national security, public order, good customs and practices, or national health; and
2. Those which are prohibited by the law
The investor, who applies to invest in an industry in which investment is restricted by law or by an order given under the applicable law, shall obtain an approval thereof or a consent thereto from the competent authority in charge of the industry in question.
The industries prohibited under Paragraph 1 above or restricted under Paragraph 2 above shall be prescribed and reviewed on a regular basis by the Executive Yuan.
For more details, please refer to the “Negative List for Investment by Overseas Chinese and Foreign Nationals”