Apply for investment approval
Prior investment approval is required for foreign investors. When applying for the investment approval, the investor will be required to disclose the following information:
Background
For corporate investors, this requirement includes disclosure of UBO, certificate of incorporation, date of incorporation, address, contact information, etc. On the other hand, for an individual investor, he may be required to disclose his education and work experience.
Operation in the foreign country
The foreign corporate investor would be required to disclose its products or services, target clients, number of employees, etc. A holding company without any employee is also acceptable.
Source of funding
- Latest net value (=Total assets – total liabilities = Shareholder’s equity in the balance sheet)
- Annual sales revenue of recent years
Business plan in Taiwan
It includes business scope in Taiwan, capital amount, financial forecast and budget, employment plan, etc. Concise description is usually sufficient.