Act For Investment by Foreign Nationals Article 9

The investor shall have the investor’s approved capital contribution remitted in full into the ROC within the prescribed time limit, and shall submit a report on the receipt of the contribution amount to the Competent Authority for examination.If the investor fails to implement the investor’s investment, in whole or in part, after being granted an approval to make an investment under this Act, within the prescribed time limit, the approval of the investor’s unimplemented investment shall be revoked upon expiration of the prescribed time limit. However, for justifiable cause, the investor may, prior to the expiration, apply to the Competent Authority for an extension of the prescribed time limit.After implementing the investor’s investment, the investor shall request the Competent Authority to verify the total amount of the investor’s investment.Regulations of the verification shall be prescribed by the Competent Authority.