Company Act Article 379Aug. 1, 2018

In any of the following events, the competent authority shall, ex officio or upon an application filed by an interested party, nullify the branch office registration of a foreign company in the territory of the Republic of China:

1. The foreign company has been dissolved;
2. The foreign company has been declared bankrupt; or
3. The branch office of a foreign company in the territory of the Republic of China has satisfied one of the Items listed in Article 10.

The aforesaid nullification of the registration under the preceding paragraph shall in no way impair the rights of creditors and the obligations of the foreign company.

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Other Related Laws

Company Act Article 10Aug. 1, 2018

Under either of the following circumstances, the competent authority may, ex officio or upon an application filed by an interested party, order the dissolution of a company: "1. Where the company fails to commence its business operation after elapse of six months from the date of its company incorporation registration, unless it has made an extension registration; or "2. Where, after commencing its business operation, the company has discontinued, at its own discretion, its business operation for a period over six months, unless it has made the business discontinuation registration. "3. Where a final judgment has adjudicated to prohibit the company from using its company name, the company fails to make a name change registration after elapse of six months from the final judgment, and fails to make a name change registration after the competent authority has ordered the company to do so within a given time limit. "4. Where the company fails to attach the auditing certificate from an independent certified public accountant within the time period prescribed in Paragraph 1 of Article 7, provided, however, that this shall not apply, if the company has attached such auditing certificate before the competent authority orders a dissolution of the company.

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