Regulations for Foreign International Cooperation Foundations Applying with the Ministry of Foreign Affairs for Recognition Article 3

When foreign foundations apply to MOFA for recognition, in addition to the documents specified in Article 69, Paragraph 1 of the Foundations Act, they must submit the following documents specified by MOFA in accordance with the provisions of Subparagraph 7 of the same Paragraph:1. Business reports for the most recent two years2. Financial reports for the most recent two years audited or reviewed by a certified public accountant3. List of assets4. Annual plan that includes the purpose of establishment, location for establishment, contact information, work items, organization and responsibilities, working methods, and sources of funding5. A letter of undertaking for public liability insurance for the period of operation in the Republic of China (Taiwan)The filing date of the list of assets in Subparagraph 3 of the previous Paragraph and the date on the balance sheet must be the same. Types of assets include movable and immovable property. The movable and immovable property items shall be listed using the account titles on the balance sheet. Proof of property ownership shall also be attached. The list of assets shall be signed or stamped by the tabulator, auditor, and representative.If the documents referred to in Paragraph 1 are in a foreign language, they must be translated into Chinese The original foreign language documents referred to in Subparagraphs 2, 3, and 5 and their Chinese translations must be authenticated by an overseas mission of the Republic of China (Taiwan).