Regulations for the Establishment of Radio Broadcasting Enterprises Article 43

Upon receiving the radio broadcasting enterprise establishment permit, the nominated bidder shall complete company registration or foundation registration according to the laws.Established company or foundation shall, before applying for the station operating license, apply for alterations to the corporate business items or foundation’s establishment objectives and endowment charter.When applying for corporate or foundation registration, or alterations to the said registration in accordance with Paragraph 1 or 2, the nominated bidder shall ensure that its paid-in capital or total contribution has reached estimated paid-in capital or total contribution as stated in operations plan.