What documents shall be submitted in the application for capital verification and approval for the investment in Taiwan by overseas Chinese and foreign nationals? (TWBUSINESS Site)
(1) Inward foreign currency remittance (not required, if the capital is contributed in NTD):
- One original of the advice of inward/outward remittance, and two photocopies thereof
- One original of the remittance memo, and two photocopies thereof
- One original of inward/outward remittance certificate, and two photocopies thereof
- One photocopy of the declaration for commissioned remittance
- Other information about inward remittance:
(2) Mode of investment:
- Photocopied passbook or statement of account of the preparatory office of the invested enterprise (for establishment of a new enterprise)
- Photocopied passbook or statement of account of the invested enterprise (capital increase by issuing new shares by the existing enterprise)
- Photocopied tax statement for securities exchange (applicable to trading for certified share certificate issued by a company limited by shares), or the declaration for completion of assignment and transfer of capital issued by the invested enterprise
(3) Others: (Please specify the inward remittance in foreign currency, if any):
- a. The investment in foreign currency by the overseas Chinese or foreign nationals shall be truly remitted from the foreign country. When it is intended to be settled in NTD, the settlement shall be requested at the bank with the original investment approval letter. Please specify “310” for capital stock investment by overseas Chinese and foreign nationals on the nature of remittance.
- b. Please submit the advice of inward/outward remittance, and one original of the remittance memo with two photocopies thereof, in the case of the general inward remittance in foreign currency.
- c. Please submit the advice of inward/outward remittance, and one original of inward/outward remittance certificate with two photocopies thereof, in the case of retention of the original currency.
- d. If cash is carried personally with the entry to the state, please submit one photocopy of the entry permit in the carrier’s passport, and one original of remittance memo with two photocopies thereof. If the cash in foreign currency is more than US$10,000, please also submit the photocopied customs declaration documents.
- e. If the investment amount is not remitted or carried by the investor, the investor or the person remitting the amount on behalf of the investor shall issue a declaration for commissioned remittance.
- f. If the local bank foreign currency deposit or OBU deposit is settled, please also submit the relevant certificates showing the investment amount remitted by the investor from the foreign country, e.g. advice of inward/outward remittance and remittance certificate.
