Satellite Broadcasting Act Article 4

The organization of a satellite broadcasting business shall be a company limited by shares or a foundation.The minimum paid-in capital and total endowment assets of a satellite broadcasting business shall be prescribed by the regulatory agency.The total shares of a satellite broadcasting business directly held by foreign shareholders shall be less than 50 percent of the total shares issued by the said business.
中文原文 衛星廣播電視法第4條
衛星廣播電視事業之組織,以股份有限公司及財團法人為限。
衛星廣播電視事業最低實收資本額及捐助財產總額,由主管機關定之。
外國人直接持有衛星廣播電視事業之股份,應低於該事業已發行股份總數百分之五十。

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