Regulations on the Approval of Investment in or the Operation of Foreign Flag Fishing Vessels Article 5
Any person with the nationality of the Republic of China that has been approved to invest in or operate a foreign flag fishing vessel shall complete the investment within one year starting from the date of approval, and submit the following documents together with their Chinese translation within four months starting from the date of completing the investment to the competent authority for perusal:(1) Copy of the company registration issued by flag State concerned;(2) Copy of the certificate of vessel nationality issued by flag State concerned;(3) Copy of the fishing permit or catch transportation permit issued by flag State concerned;(4) Copies of the relevant documents issued by flag State concerned describing the permitted fishing area(s), fishing gear(s), fishing method(s), species, and quotas allocated;(5) Relevant document showing the amount and proportion of investment, list of investors, and their professions. For an investment made other than capital funding, the method of investment and its details shall be provided;(6) He/She who participates in the business operations shall provide a document showing the appointment of his/her post;(7) Date of signing the investment contract or technical cooperation contract;(8) Date of commencing the operation of the business invested;(9) He/She who charters a fishing vessel shall enclose the charter contract, and in case for a joint chartering, a list of all persons participating in such a joint chartering shall also be enclosed.(10) Information on the crew (as shown in Appendix 3) employed in accordance with the provisions stipulated in Article 3. In case that crew has not been employed by the deadline, such information shall be submitted within six months at the latest after the employment.Where there is due cause that the investment will not be able to complete within the timeframe as set forth in the preceding paragraph, application for extension may be made to the competent authority before the timeframe. The maximum period for each extension shall be one year and the times for extension shall be limited to two times.After the completion of the persual as referred to in paragraph 1, the information on crew employed as stipulated in paragraph 1, subparagraph (10) shall be submitted annually by the end of February and August in writing or electronically. Where necessary for an investigation, the competent authority may require the concerned operator to provide copies of employment contracts.Appendix - Information on Crew Employed onboard Foreign Fishing Vessels Invested in or Operated by Persons with the Natioanlity of the Republic of China.pdfAppendix - Information on Crew Employed onboard Foreign Fishing Vessels Invested in or Operated by Persons with the Natioanlity of the Republic of China.ods