Regulations for Establishment, Transfer, or Withdraw Branch Units by Insurance Enterprises Article 25

An insurance enterprise that has obtained approval from the competent authority to establish a foreign branch unit shall submit further relevant materials and apply to the competent authority for approval if any one of the following conditions arises before it carries out the establishment:1. There is to be a change in the branch unit's organizational form or the country of its location.2. There is a change in the investment or in principal joint venture partners.3. The percentage of the stake or the dollar amount of the investment is increased.An insurance enterprise that has obtained approval from the competent authority to establish a foreign branch unit shall file with the competent authority for recordation if any one of the following conditions arises before it carries out the establishment:1. There is a change in the location of the branch unit.2. The percentage of the stake or the dollar amount of the investment is decreased.
中文原文 保險業設立遷移或裁撤分支機構管理辦法第25條
保險業經主管機關核准在國外設立分支機構後,於尚未設立或投資前,有下列情事之一者,應再檢具相關資料,申請主管機關核准:
一、變更分支機構所在國或組織型態。
二、變更投資或主要合資對象。
三、增加投資比例或出資金額。
保險業經主管機關核准在國外設立分支機構後,於尚未設立或投資前,有下列情事之一者,應報主管機關備查:
一、變更分支機構所在地。
二、減少投資比例或出資金額。

English translation for reference only; the Chinese text prevails. Not legal advice.