The Taiwan Monthly

Dec. 2020

Listed Companies and Initial Public Offerings

2021 brings changes on required English reporting

Listed companies are required to report the English versions of their shareholders' meeting agenda handbooks and supplementary information, shareholders' meeting annual reports, and annual financial reports, in three phases based on the amount of capital or the percentage of shares held by foreign and Mainland Chinese investors.

  • In order to improve the quality and disclosure of information, to enhance information disclosure in English, and to conform with international practices, TWSE-listed companies with a paid-in capital of NT$10 billion or foreign and Mainland Chinese shareholder percentage of 30% or more have reported the English versions of their shareholders' meeting agenda handbooks and supplementary information, shareholders' meeting annual reports, and annual financial reports in 2019 and 2020.
  • Once the previously mentioned stages apply (whether capital or foreign and Mainland Chinese holdings reach the prescribed thresholds), they will continue to apply, and that there will be no exemptions where the capital has been reduced or foreign and Mainland Chinese holding percentage has fallen below 30% during the year.

       For further inquiries, please contact Ms.Fu at 1229@twse.com.tw.