Migration is defined as a company changes the country where it is incorporated to another, which is equivalent to the change of nationality of company, but the juridical person does still survive. The concept is similar to immigration. In the circumstance that the foreign company owns a company in Taiwan, the application of migration shall be submitted to MOEAIC (MOEA Investment Commission) and submit the change of registration to MOEA (Ministry of Economy Affairs) upon approval obtained from MOEAIC.
How to submit an application to MOEAIC? For example, investor A where the country of incorporation in Malaysia changed into Brunei. The required documents to prepare in advance as below:
The legal opinions issued by the lawyer from original and new incorporated country shall be stated the prescribed laws of the accessibility of migration and the rights and duties will not be affected upon migration clearly. Besides, the resolution of migration shall be complied with the prescribed laws of the original and new incorporated country and proceeded the registration or deregistration, or the application of migration may be rejected by MOEAIC
POA and resolution of migration shall be notarized by the local notary or court and submitted the original copies to Taiwan MOEAIC for verification. It is suggested to consult with Kaizen to receive the professional opinion in advance by submitting an application.