How should foreign companies in Taiwan remit their funds?
Foreign and overseas Chinese investors should, in accordance with the Statutes for Overseas Chinese Investment and the Statutes for Foreign Investment respectively, fill their application forms (with investment plan and necessary certificates attached) and present it to the Competent Authority (the MOEA) for approval.
Overseas Chinese and Foreign investors, when remitting capital, or remitting outwards its investments, or interest earned on its investments or dividends, stake in the company approved to be sold, or money to be remitted as a result of increase or decrease in investment, should apply to the Competent Authority with related documents such as approval letters from the authorities and then proceed to the designated foreign exchange bank for remittance.
