Regulations for Administration of Investment Plans Inside a Science Park Article 2

Park enterprises approved for making investment inside the Science Park shall, within two months of approval, submit a guarantee bond of 3%0 of the total approved capital in cash or government bond to the Science Park Bureau and move in the Science Park (hereinafter referred to as the Park) and proceed with the Bureau for company, branch office or limited partnership registration within six months of the approval.Failure to comply with the foregoing requirements by the deadline shall result in revocation of the investment by the Bureau. For those who did not rent land or factory, the Bureau will refund the originally posted investment guarantee bond. However, application for investment extension may be granted with proper causes.The park enterprises with the company, branch office or limited partnership registration for less than a year that need further expansion due to business demands shall post a bond of 3%0 of the total approved capital increase as does the original investment, except park enterprises reviewed as investment completion by the Bureau.