Do overseas Chinese and foreign businesses investing in Taiwan need to publicly issue their stock?
Overall, whether a company should publicly issue its stock is an individual business decision – this also applies to foreign investors.
However, please take note of the following amendments and exceptions:
- According to amendment No.9000218920 made on November 12, 2001 of Article 156, Item 4 of the Company Law, a company, based on the resolutions of its board of directors, must apply to the securities regulatory authorities for public issuance of its stock.
- In addition, according to Notice No. 09002256020 issued December 5, 2001, Notice No. 89221412, issued on November 12 2000 shall be canceled.
According to Article 156, Item 4 of the Company Law, all limited companies with a minimum capital of more than NT$500 million are required to publicly issue their stock.
