Foreign Exchange Control Act Article 7

Inward and outward remittances specified below shall be sold to the Central Bank of the Republic of China or one of its authorized banks, or deposited into an authorized bank and sold in the foreign exchange market through the bank; the rules for exchange settlement shall be stipulated by the Ministry of Finance jointly with the Central Bank of the Republic of China:1. Foreign exchange revenues from export, re-export, or other trading activities;2. Foreign exchange revenues received by a shipping business, insurance business, and people of other trades as a result of trade or service provided;3. Inward remittance;4. Income of an ROC national with domicile and residence within the territory of the Republic of China from foreign investments that have had government approval;5. The principal, interest, net profits, or technical remuneration received by a domestic enterprise from foreign investments, financing activities, or technical cooperation that have had government approval;6. Foreign exchange of other sources that should be deposited or settled.Overseas compatriots or foreign individual who invest in high-tech businesses that can help elevate the industrial level and promote economic development and have had government approval under special case status may use their foreign exchange receipts from sources as set forth in the preceding paragraph to offset the foreign currency payments described in Subparagraphs 1, 2 and Subparagraphs 5 to 8, Article 13 herein. Notwithstanding the preceding provision, the balance of periodic settlement thereof shall still follow the provisions specified in the preceding paragraph; related measures will be stipulated by the Central Bank of the Republic of China.