Article 1 These Regulations have been formulated in accordance with
Article 69 of the Foundations Act.
Article 2 Foreign International Cooperation Foundations (hereinafter
“foreign foundations”) whose activities fall under the
following categories and which meet the following
conditions may submit an application to the Ministry of
Foreign Affairs (hereinafter “MOFA”) for recognition:
1. The activities of foreign foundations must fall under
one of the following categories or purposes:
(1) Democracy and freedom
(2) Human rights and justice
(3) Peace and tolerance
(4) Other types of international cooperation
activities approved by MOFA
2. The activities of foreign foundations must be
confirmed by MOFA as not being in conflict with the
fundamental policies or foreign policy interests of
the Republic of China (Taiwan), and foreign
foundations must meet one of the following conditions:
(1) Their total assets within the territory of the
Republic of China (Taiwan) may not be worth less
than NT$15 million, and their total cash ratio may
not be less than 50 percent.
(2) They have obtained general or special consultative
status in the United Nations Economic and Social
Council or have been classified by MOFA as a world-
renowned international nongovernmental
organization. In both cases, their total assets
within the territory of the Republic of China
(Taiwan) must not be worth less than NT$5 million.
Foreign foundations granted recognition may have their
recognition revoked by MOFA in any of the following
circumstances:
1. Their activities in the Republic of China (Taiwan)
are incompatible with the aforementioned categories.
2. They violate the conditions established by MOFA for
recognition applications.
3. They are unable to renew their consultative status
after having successfully applied for MOFA
recognition in accordance with Paragraph 1,
Subparagraph 2, Item 2.
Article 3 When foreign foundations apply to MOFA for recognition,
in addition to the documents specified in Article 69,
Paragraph 1 of the Foundations Act, they must submit the
following documents specified by MOFA in accordance with
the provisions of Subparagraph 7 of the same Paragraph:
1. Business reports for the most recent two years
2. Financial reports for the most recent two years
audited or reviewed by a certified public accountant
3. List of assets
4. Annual plan that includes the purpose of
establishment, location for establishment, contact
information, work items, organization and
responsibilities, working methods, and sources of
funding
5. A letter of undertaking for public liability
insurance for the period of operation in the Republic
of China (Taiwan)
The filing date of the list of assets in Subparagraph 3
of the previous Paragraph and the date on the balance
sheet must be the same. Types of assets include movable
and immovable property. The movable and immovable
property items shall be listed using the account titles
on the balance sheet. Proof of property ownership shall
also be attached. The list of assets shall be signed or
stamped by the tabulator, auditor, and representative.
If the documents referred to in Paragraph 1 are in a
foreign language, they must be translated into Chinese.
The original foreign language documents referred to in
Subparagraphs 2, 3, and 5 and their Chinese translations
must be authenticated by an overseas mission of the
Republic of China (Taiwan).
Article 4 These Regulations shall become effective on the date of
promulgation.