|
Article 5
|
Investors bringing in foreign currencies in cash for investment shall provide the competent authority with the following documents for verification:<br/>1. Application for investment verification.<br/>2. Certification documents issued by the customs.<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 investment amount statement of the investors. If the investment amount is brought into the country by one of the investors, the investors shall submit a statement of the carrying of the currency on behalf of the investor group.
|