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What is the application process for Overseas Chinese and foreign nationals investing in Taiwan? How long is the review period?

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What is the application process for Overseas Chinese and foreign nationals investing in Taiwan? How long is the review period?

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An investor should, in accordance with regulations, prepare and file an application, including relevant documents, with the Investment Commission, MOEA. After the official letter of approval has been obtained, the investor should set up a Taiwan bank account and instruct their banking institution to remit the investment funds into that account. After the remittance has been completed, the investor should prepare original copies of the remittance notice and foreign exchange receipt and apply to have the invested capital amount confirmed by the Investment Commission. After the official letter of confirmation has been obtained, the investor should register the company with the company registration authorities. Investment application review periods are as follows: A. The review period for investment projects of NT$500 million or less that are not included on the negative list is approximately 2-4 days. B. The review period for investment projects of NT$500 million or more that are not incl

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