Upon the occurrence of major transaction or the Taiwan companies’ merger invested by foreign entrepreneurs, MOEA usually request the applicant to present the independent expert opinion. Independent expert is referred as the third party like lawyer, accountant or securities broker who is not involved with the merger or others, so the qualification certificate of such experts is also required. In the condition of the expert being a foreigner, it is required to notarize the qualification certificate by the local notary offices.
The issuance of independent expert opinion letter should include the following contents:
In addition to the above contents, the opinions on the expression of rationality issued by independent experts also need to specifically declare that they are not holding interest relationship in both parties. The opinions on rationality have been made in an objective, fair, independent and detached position, and bear legal responsibilities.