Article 3
|
|
A securities firm shall be established as a company limited by shares. The minimum paid-in capital for a securities firm, according to the type of business which it operates, shall be as follows:
- A securities underwriter: NT$400 million.
- A securities dealer: NT$400 million; if the securities dealer operates only the business of proprietary trading of security tokens (virtual currencies that have the nature of securities), the minimum paid-in capital shall be NT$100 million.
- A securities broker: NT$200 million; if the securities broker operates only equity crowdfunding business, the minimum paid-in capital shall be NT$50 million.
The minimum paid-in capital required in the preceding paragraph shall be fully collected by the promoters at the time of incorporation.
|