Taiwan (TW)

Jurisdiction Overview

IDQuestionAnswer
472 *LO Update: Is the update of information on the identity of legal owners mandatory? No, because bearer shares are available/circulating/not registered with a public authority (see below).
 Data Date: 2019

Notes

 
According to Article 4 of the Regulations Governing Company Registration: "Upon any change in the particulars of the registration of a company or a foreign company, an application for alteration registration shall be filed with the competent authority within fifteen days after such a change, unless otherwise approved by the authority in charge of the end-enterprise concerned to make registration on a specific date". However, given that bearer shares may still be circulating, updated legal onwership may not be available for all companies (see note on ID[172]).

Sources

Regulations Governing Company Registration, Article 4.
 
APG 2019: 109
 
Company Act, Article 447-1
 
https://gcis.nat.gov.tw/elaw/English/lawEnDtlAction.do?method=viewLaw&pk=163