|
Article 4
|
Investors capitalizing investment by wire transferring foreign currency shall provide the competent authority with the following documents for verification:<br/>1. Application for investment verification.<br/>2. Photographic copies of the bank advice of inward remittance or bank draft issued in relation to any incoming wire transfers.<br/>3. If the investor purchases NTD to fund the investment, the investor shall submit the foreign exchange receipt issued for the purchase of NTD from the settlement bank; If the investor does not purchase NTD, the investor shall submit photographic copies of other transaction certifications from the beneficiary bank.<br/>4. Photographic copies of 1) bank deposit slip issued by the bank in which the invested business holds an account or 2) the bank passbook of the invested business.<br/>If stock equity in the preceding paragraph is acquired from a Taiwanese shareholder, investors are not required to provide the documents mentioned in Subparagraph 4 above. Nonetheless, investors shall provide the statement of the completion of stock equity transfer by the domestic company, transferrer, or transferee, and the receipt of payment.<br/>If an investment according to Paragraph 1 is completed by an investor group consisting of two or more investors, investors shall submit the transfer statement showing the amount of the incoming wire transfer. If the wire transfer is completed by one member of the investment group on behalf of the group, that investor shall submit an original copy of the declaration of the wire transfer verifying the transfer made by the investor on behalf of the investor group.
|