|Company Act Article 116Aug. 1, 2018|
The Articles of Incorporation of an unlimited liability with limited liability shareholders shall, in addition to particulars set forth in Article 41, state the liability of each shareholder whether unlimited or limited.
|Company Act Article 41Aug. 1, 2018|
The Articles of Incorporation of an unlimited company shall contain the following particulars: "1.The name of the company; "2.The scope of business to be conducted; "3.The name, domicile or residence of each shareholder; "4.The total amount of capital stock and the equity capital contributed by each shareholder; "5.The form, quantity, value or appraisal standards of the value of the property other than cash contributed as equity capital by shareholders, if any; "6.The ratio or standards for profit distribution and loss apportionment among shareholders; "7.The location of the head office and the branch office(s), if any; "8.The name of the shareholder designated to represent the company, if any; "9.The name of the shareholder(s) who is (are) designated to conduct the business operations of the company, if any; "10.The cause of dissolution of the company, if defined; and "11.The date of execution of the Articles of Incorporation. "In case the Articles of Incorporation is not made available at the head office of a company, the shareholder who is designated to represent the company shall be imposed with a fine in an amount not less than NT$ 10,000 but not more than NT$ 50,000. For consecutive refusals to prepare and made available of the Articles of Incorporation, a fine in an amount not less than NT$ 20,000 but not more than NT$ 100,000 shall be imposed each time of such consecutive violation.
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