Regulations for the Establishment of Radio Broadcasting Enterprises Article 5

Applicant for operating a radio broadcasting enterprise shall hold one of the following qualifications:1. A company limited that is established or is establishing under the laws.2. A foundation that is established or is establishing under the laws.
中文原文 廣播事業設立許可辦法第5條
申請經營廣播事業者,應具備下列資格之一:
一、依法設立或籌設之股份有限公司。
二、依法設立或籌設之財團法人。

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