Regulations Governing Investment in Securities by Overseas Compatriots and Foreign Nationals Article 16
An offshore overseas compatriots or foreign national investing in domestic securities shall appoint a local agent or representative to undertake matters such as opening accounts for trading in domestic securities; applying to exchange, convert into, or subscribe to domestic corporate bonds; exercising rights in purchased securities; applying for exchange settlement; and paying taxes.The required qualifications for the agent or representative in the preceding paragraph are as follows:1. Requirements for an agent:A. If a natural person: Must have legal capacity. In the case of an overseas compatriots or a foreign natural person, he or she must be residing in the territory of the ROC with an Overseas Compatriot Identity Certificate, or holding an ROC passport with an Overseas Compatriot Identity Endorsement, or holding an Alien Resident Certificate.B. If a juristic person: Must be established in accordance with ROC laws and qualified to act as an agent.C. If a foreign juristic person: Must have established a branch company within ROC territory and be qualified to act as an agent.2. Requirement for a representative: Must be the representative at a representative office established in the ROC, or be the responsible person at a branch office.Where an agent is either a juristic person or a foreign juristic person as set forth under subparagraph 1, items 2 and 3 of the preceding paragraph, one natural person must be designated to carry out the services of agent.An offshore foreign institutional investor holding shares in a public company shall appoint a domestic agent or representative to exercise the voting rights attaching thereto unless otherwise provided by law.
中文原文 華僑及外國人投資證券管理辦法第16條
境外華僑及外國人投資國內證券，應指定國內代理人或代表人，辦理國內證券買賣之開戶、國內公司債之交換、轉換或認購股份申請、買入證券之權利行使、結匯之申請及繳納稅捐等各項手續。
前項代理人、代表人之資格條件如下：
一、代理人：
（一）自然人：具有行為能力者。
如為華僑及外國自然人，以居住於中華民國境內領有華僑身分證明書、持有僑居身分加簽之中華民國護照或外僑居留證者為限。
（二）法人：依中華民國法律設立，得經營代理業務者為限。
（三）外國法人：在中華民國境內設立分公司，得經營代理業務者。
二、代表人：在我國設有代表人辦事處之代表人或分支機構之負責人。
前項第一款第二目、第三目以法人或外國法人為代理人者，應指定一自然人執行代理業務。
境外外國機構投資人持有公開發行公司之股份者，其表決權之行使，除法令另有規定外，應指派國內代理人或代表人出席為之。
前項代理人、代表人之資格條件如下：
一、代理人：
（一）自然人：具有行為能力者。
如為華僑及外國自然人，以居住於中華民國境內領有華僑身分證明書、持有僑居身分加簽之中華民國護照或外僑居留證者為限。
（二）法人：依中華民國法律設立，得經營代理業務者為限。
（三）外國法人：在中華民國境內設立分公司，得經營代理業務者。
二、代表人：在我國設有代表人辦事處之代表人或分支機構之負責人。
前項第一款第二目、第三目以法人或外國法人為代理人者，應指定一自然人執行代理業務。
境外外國機構投資人持有公開發行公司之股份者，其表決權之行使，除法令另有規定外，應指派國內代理人或代表人出席為之。