Foreign Investment – Renunciation Certificate
| Q: | Under what circumstances is a renunciation certificate required? |
| A: |
If a shareholder or person with controlling interest was born in mainland China but holds a foreign passport, and intends to invest in Taiwan under foreign investor status, they must submit the original household renunciation certificate to the competent authority in Taiwan’s Ministry of Economic Affairs. |
| Q: | Can a local household deregistration certificate issued by a domestic authority be used in place of the renunciation certificate? |
| A: |
No, it must be a household deregistration certificate issued by the Public Security Bureau in mainland China and authenticated by a notary office in mainland China. |
| Q: | If a person has never established household registration in mainland China, how can they obtain a renunciation certificate? |
| A: |
They must provide a certificate of non-registration in mainland China, verified by the Straits Exchange Foundation (SEF). |
| Q: | Will the original renunciation certificate be returned after the company establishment process is completed? |
| A: |
No, the original document will be retained by the competent authority of Taiwan’s Ministry of Economic Affairs. |
| Q: | Under what circumstances is a renunciation certificate not required? |
| A: |
If the investment in Taiwan is made under the status of a mainland Chinese investor, a renunciation certificate is not required. However, investments by mainland Chinese investors are subject to restrictions on business activities. |

