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Q：
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What is the purpose of the capital audit report?
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A：
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When the capital is remitted, the company should ask a certified public accountant legally registered in Taiwan to assist in issuing a capital audit report to prove to the government that the capital is in place and allow the company to be registered.
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Q：
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May one provide only a remittance receipt to the government as proof of capital contribution?
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A：
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No, it is required to submit a capital verification report issued by a certified accountant legally registered in Taiwan as proof of capital contribution.
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Q：
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Can the issuance date of the capital verification report be specified?
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A：
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No, it must correspond to the actual date of the capital remittance.
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Q：
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If the account-opening bank does not provide a passbook, what type of proof should be submitted to the accountant to issue a verification report?
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A：
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One may inquire with the bank to see if they can issue a deposit balance certificate as supporting evidence for the capital remittance.
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Q：
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Is it possible to contribute capital through means other than cash?
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A：
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Yes. If contributions are made through services or other methods, a valuation report must be issued by a legally certified appraiser in Taiwan. The report must then be reviewed and verified by an accountant before a capital verification report can be issued.
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FAQ
