WORLD TRADE ORGANIZATION  
ORGANISATION MONDIALE DU COMMERCE  
ORGANIZACIÓN MUNDIAL DEL COMERCIO  
 
 
Centre William Rappard    Rue de Lausanne 154    Case postale    CH - 1211 Genève 21 
 Téléphone:  (+41 22) 739 51 11    Fax:  (+41 22) 731 42 06 
Internet:  http://www.wto.org  
Línea directa: (+41 22) 739 53 48 
Fax directo: (+41 22) 739 57 88 
Email: tessa.jurin@wto.org   
 
      
Referencia:   WLI/100 17 de julio de 2002  
 
 
 
 
  
ACUERDO DE MARRAKECH POR EL QUE SE ESTABLECE 
LA ORGANIZACIÓN MUNDIAL DEL COMERCIO 
HECHO EN MARRAKECH EL 15 DE ABRIL DE 1994 
 
ACUERDO GENERAL SOBRE EL COMERCIO DE SERVICIOS 
 
CERTIFICACIÓN DE RECTIFICACIONES O MEJORAS DE LAS 
LISTAS DE COMPROMISOS ESPECÍFICOS 
 
TERRITORIO ADUANERO DISTINTO DE TAIWÁN, 
PENGHU, KINMEN Y MATSU 
 
ENVÍO DE COPIA AUTENTICADA
 
  
 Tengo el honor de remitirle adjunta una copia autenticada de la Certificación de 
rectificaciones de la Lista de compromisos específi cos del Territorio Aduanero Distinto de Taiwán, 
Penghu, Kinmen y Matsu.  Los procedimientos para introducir esas rectificaciones han concluido de 
conformidad con las disposiciones establecidas en los Procedimientos para la certificación de rectificaciones o mejoras de las Listas de comp romisos específicos (documento S/L/84).  Las 
rectificaciones certificadas de la Lista de compromisos específicos del Territorio Aduanero Distinto de 
Taiwán, Penghu, Kinmen y Matsu forman parte integrante de la Lista de compromisos específicos con efecto a partir del 30 de junio de 2002.
1 
 
  
 
  
  Mike Moore 
  Director General  
 
  
02-3947   WT/Let/426 
                                                      
1 Para facilitar la consulta, se ha distribuido, con la signatura GATS/SC/136/Rev.1, una lista revisada de 
compromisos específicos que contiene estas rectificaciones. 
  
  
 
 
 
ACUERDO DE MARRAKECH POR EL QUE SE ESTABLECE 
LA ORGANIZACIÓN MUNDIAL DEL COMERCIO 
HECHO EN MARRAKECH EL 15 DE ABRIL DE 1994 
 
ACUERDO GENERAL SOBRE EL COMERCIO DE SERVICIOS 
 
CERTIFICACIÓN DE RECTIFICACIONES O MEJORAS DE LAS  
LISTAS DE COMPROMISOS ESPECÍFICOS  
 
TERRITORIO ADUANERO DISTINTO DE TAIWÁN, PENGHU, KINMEN Y MATSU  
  
 CONSIDERANDO que el Consejo del Comercio de Servicios adoptó el 18 de abril de 2000 
una Decisión (documento S/L/83) por la que se adopt aron los Procedimientos para la certificación de 
rectificaciones o mejoras de las Listas de  compromisos específicos (documento S/L/84); 
 CONSIDERANDO que, de conformidad con lo dispuesto en los Procedimientos antes 
mencionados, el 16 de mayo de 2002 se comunicó a los Miembros de la Organización Mundial del Comercio, en el documento S/C/W/208, un proyec to que contiene las rectificaciones de la Lista 
GATS/SC/136 (Territorio Aduanero Distin to de Taiwán, Penghu, Kinmen y Matsu); 
 CONSIDERANDO que han concluido los procedimientos para la certificación de 
rectificaciones o mejoras de la Lista de compromisos específicos (S/L/107); 
 POR LA PRESENTE SE CERTIFICA que las rect ificaciones de la Li sta de compromisos 
específicos del Territorio Aduanero Distinto de Taiwán, Penghu, Kinmen y Matsu se han establecido de conformidad con los Procedimientos antes menci onados y forman parte integrante de la Lista de 
compromisos específicos del Territorio Aduanero Distinto de Taiwán, Penghu, Kinmen y Matsu con 
efecto a partir del 30 de junio de 2002. 
 La presente Certificación quedará depositada en poder del Director General de la 
Organización Mundial del Comercio, quien remitirá sin dilación una copia autenticada a cada uno de los Miembros de la Organización Mundial del Come rcio, y será registrada de conformidad con las 
disposiciones del Artículo 102 de la Carta de las Naciones Unidas. 
 HECHA en Ginebra el quince de julio de dos mil dos.  Mike Moore 
 Director General 
  
 
  
Copia autenticada: 
  
 
  
 
 Director General  
 
 1 
THE SEPARATE CUSTOMS TERRITORY 
OF TAIWAN, PENGHU, KINMEN AND MATSU 
 
GENERAL AGREEMENT ON TRADE IN SERVICES 
 
Schedule of Specific Commitments  
 
Revision  
  
(This is authentic in English only) 
 
  
 This revised schedule incorporates rectifications as i ndicated in document S/C/W/208 and confirmed by S/L/107. 
    
30 June 2002 
  
2THE SEPARATE CUSTOMS TERRITORY OF TAIWAN, PENGHU, KINMEN AND MATSU -  SCHEDULE OF SPECIFIC COMMITMENTS  
 
Modes of supply:     (1) Cross-border supply     (2) Consumption abroad                 (3) Commercial presence        (4) Prese nce of natural persons 
Sector or sub-sector Limitations on market access Limitations on nati onal treatment Additional commitments 
I.  HORIZONTAL 
COMMITMENTS    
 
All Sectors (except as indicated 
otherwise in specific sectors)  
Investment  
 
(3) (a) Foreign business and individuals may 
directly invest in Chinese Taipei, unless 
otherwise falling into the measures of limitations specified in the specific sectors. 
 
 (b) With respect to portfolio investment in 
companies whose shares are listed in the 
securities markets of Chinese Taipei. 
 No limitations exist, except as otherwise specified 
in this schedule for specific sectors. 
   
  Acquiring the Rights and Interests in the Land  
 
(3) Land in agriculture, forestry, fishing, 
pasture, hunting, salt production, mines 
and sources of water may not be 
transferred, encumbered or leased to foreigners.  
 Entry and Temporary Stay of Natural Persons  
 (4) Unbound, except for m easures concerning 
the entry and temporary stay of natural 
persons in the following categories: 
  
 (4) Unbound except for measures concerning 
the categories of natural persons referred 
to in the market access column.   
  
3Modes of supply:     (1) Cross-border supply     (2) Consumption abroad                 (3) Commercial presence        (4) Prese nce of natural persons 
Sector or sub-sector Limitations on market access Limitations on nati onal treatment Additional commitments 
 (a)  Business visitors  may enter and stay for an 
initial period of no more than 90 days. 
 
 Business visitor  being a natural person who 
stays in Chinese Taip ei without receiving 
remuneration from within Chinese Taipei 
and is not engaged in making direct sales to 
the general public, for the purpose of participating in business meetings, business 
negotiations, the preparation for establishing 
a commercial presence or other similar 
activities. 
   
 
 (b) Intra-corporate Transferees  may enter and 
stay in Chinese Taipei for three-year initial period that may be renewed for one-year 
periods indefinitely. 
  Intra-corporate transferee
 being a natural 
person who has been employed by a 
juridical person of another member for a 
period of not less than 1 year and who seeks 
temporary entry to provide services as a responsible person, a senior manager or a 
specialist through a branch, subsidiary or 
affiliate established in Chinese Taipei. 
   
  A responsible person means a board 
director, the general manager, a branch manager or a department head appointed by 
the board with the authority to sign for the 
employing entity. 
    
  
4Modes of supply:     (1) Cross-border supply     (2) Consumption abroad                 (3) Commercial presence        (4) Prese nce of natural persons 
Sector or sub-sector Limitations on market access Limitations on nati onal treatment Additional commitments 
  A senior manager means a head or a 
supervisor who has the authority to appoint or remove the personnel or to make such 
recommendation, and has the power to make 
decisions over the day-to-day operation. 
   
  A specialist means a natural person within 
an organisation who possesses knowledge at 
an advanced level of expertise and who possesses proprietary knowledge of the 
organisation's services, research equipment, 
techniques, or management. (Specialists may include, but are not limited to, members 
of licensed professions.) 
   
 (c) A natural person employed by business 
entities in Chinese Taipei, may enter and 
stay for a period of no more than 3 years. 
 
(d) Persons who are employees of an  enterprise 
outside Chinese Taipei not having 
commercial presence in Chinese Taipei may 
enter and stay in Chinese Taipei with the following requirements: 
   
  i. The enterprise outside Chinese Taipei 
has concluded a service contract with an 
enterprise engaged in business operation in 
Chinese Taipei; 
 
 ii. These persons should have been 
employed by the enterprise outside Chinese Taipei for a period of no less than one year 
and have met the requirements prescribed 
for "specialist" above;    
  
5Modes of supply:     (1) Cross-border supply     (2) Consumption abroad                 (3) Commercial presence        (4) Prese nce of natural persons 
Sector or sub-sector Limitations on market access Limitations on nati onal treatment Additional commitments 
 
  iii. The persons may not engage in other 
employment while in Chinese Taipei; 
 iv. The commitment relates only to the 
service activity which is the subject of the 
contract.  It does not confer entitlement to practice generally as a licensed professional 
in Chinese Taipei. 
   
  Each temporary stay may be for a  period of 
no more than 90 days or for the duration of 
the contract, whichever is less. 
  Such entry permit may be valid for a twelve 
month period.  
  Such persons may be permitted multiple 
entries within the twelve month period. 
   
  The contract has to be obtained for 
providing services mentioned below: 
   
  architectural servi ces (8671), engineering 
services (8672), integrated engineering 
services (8673), urban planning and landscape architectural services (8674), 
computer and related  services (841, 842, 
843, 844, 845,849), research and development services (851, 852, 853), 
market research and public opinion polling 
services (864), management consulting 
services (865), serv ices related to 
management consulting (866),   
  
    
  
6Modes of supply:     (1) Cross-border supply     (2) Consumption abroad                 (3) Commercial presence        (4) Prese nce of natural persons 
Sector or sub-sector Limitations on market access Limitations on nati onal treatment Additional commitments 
 
 
  engineering related scientific and technical 
consulting services (8675), maintenance and 
repair of equipment (633, 8861-8866) 
(excluding maritime vessels and land transport equipment), and travel agencies 
and tour operators services (7471). 
   
II. SECTOR-SPECIFIC 
COMMITMENTS 
    
1. BUSINESS SERVICES 
    
A. Professional Services 
(a) Legal Services(861**)  i.  Legal services provided by 
"Attorney of foreign legal 
affairs (AFLA)" 
- AFLA  practising the law of 
his/her home  jurisdiction(s) 
or international law independently. 
 (1) None 
(2) None (3) None, except that: 
 i. access is restricted to natural persons
1 
having established a law office in the form of sole proprietorship or  
 ii.   partnership
2 in a law office is limited to 
persons registered as attorneys of foreign legal affairs. 
 (1) None 
(2) None (3) The firm name must indicate the title of 
 "AFLA"
3  
 (3)  
(a) Chinese Taipei will grant 
 recognition of AFLA to the  following: 
i. the service provider is 
qualified as a lawyer in his/her home 
jurisdiction(s), and 
                                                      
1 The AFLA is required to indicate the jurisdic tion(s) where he/she is qualified as a lawyer. 
2 Note For transparency: According to the law of Chin ese Taipei, a partnership is not a juridical person. 
3 Registration shall be made with the Bar Association in the loca lity in Chinese Taipei where the law office is located after th e person is recognized by Chinese Taipei as "AFLA".  
  
7Modes of supply:     (1) Cross-border supply     (2) Consumption abroad                 (3) Commercial presence        (4) Prese nce of natural persons 
Sector or sub-sector Limitations on market access Limitations on nati onal treatment Additional commitments 
- AFLA co-operating with the 
licensed lawyer in Chinese Taipei or acquiring the latter's 
written opinions in the matters 
concerning marriage, parental or inheritance cases in which 
the national of Chinese Taipei  
is a party or the estates is located in Chinese Taipei. (4) Unbound except as indicated in the 
horizontal section. 
 (4) Unbound except as indicated in the 
horizontal section. 
 ii. the service provider has 
practiced as a qualified lawyer for at least 5 
years in his/her home 
jurisdiction(s).  However, should a 
foreign lawyer be 
employed by a lawyer of Chinese Taipei as an 
assistant or consultant or 
have practiced his/her 
home jurisdiction laws 
elsewhere, the term, 
 ii. Foreign legal assistant or 
consultant: 
- assisting Chinese Taipei 
lawyers or AFLAs but not 
conducting litigation or providing other legal services 
under the 
assistant/consultant's own 
name. (1) None 
(2) None (3)    Access is restricted to natural persons. 
(4) Unbound except as indicated in the 
horizontal section. (1) None 
(2) None (3) None 
(4) Unbound except as indicated in the 
horizontal section.  up to a maximum of two 
years, of employment or practice may be 
accredited to the said 
five year term.  
iii. Any foreign lawyer who 
is already employed by a 
Chinese Taipei lawyer 
by the date of Chinese 
Taipei's accession to the WTO in accordance 
     with the Regulation 
Concerning Chinese Taipei's Lawyers' 
Employment of 
Foreigners and Administration Thereof, 
may apply to become an 
AFLA after the completion of the two 
years' employment 
period.  
  
8Modes of supply:     (1) Cross-border supply     (2) Consumption abroad                 (3) Commercial presence        (4) Prese nce of natural persons 
Sector or sub-sector Limitations on market access Limitations on nati onal treatment Additional commitments 
 
   (b) Chinese Taipei will 
allow AFLAs to establish partnership with or employ 
licensed lawyer of Chinese 
Taipei upon the accession to the WTO. 
 
   (c) Foreigners who are 
college graduates majoring in 
law-related subjects or have 
law-related working 
experience for at least two years, or who have passed the 
lawyer’s examination in any 
foreign country and may be employed by Chinese Taipei 
lawyers or “AFLAs” to work 
as assistants or consultants. 
(b) Accounting, Auditing and 
Bookkeeping  Services  (862) 
    
i. Certified Public Accountant 
(862**) (1) None, except for services related to 
accountant attestation practice in Chinese 
Taipei, which can be provided only by the certified public accountants of Chinese 
Taipei. 
 (1) None  
 (2)    None, except for services related 
 to accountant attestation practice in Chinese 
Taipei, which can be  provided only by the 
certified public accountants of Chinese        
Taipei. (2) None  
     
  
9Modes of supply:     (1) Cross-border supply     (2) Consumption abroad                 (3) Commercial presence        (4) Prese nce of natural persons 
Sector or sub-sector Limitations on market access Limitations on nati onal treatment Additional commitments 
 
  
 
  
ii. Other (excluding   certified 
public accountant) (862**)
 (3) None, except that access is restricted to 
natural persons having established an office other than in a form of a company 
(4) Unbound except as indicated in the 
horizontal section. 
 
(1) None 
(2) None (3) None 
(4) Unbound except as indicated in the 
horizontal section. (3) None 
  
(4) Unbound except as indicated in the 
horizontal section. 
 
(1) None 
(2) None (3) None 
(4) Unbound except as indicated in the 
horizontal section.  
(c) Taxation Services (863) 
 
i. Income Tax Certification 
Services (863**) 
 
 
  
 
 
 
  
 
  
ii. Taxation Services (excluding 
income tax certification services supplied by a tax 
attorney) (863**) 
   
 
(1) None, except for services related to Chinese 
Taipei's income tax certifications, which can only be provided by the tax attorneys of 
Chinese Taipei. 
(2) None, except for services related to Chinese 
Taipei's income tax certifications, which can 
only be provided by the tax attorneys of 
Chinese Taipei. 
(3) None, except that access is restricted to 
natural persons having established an office other than in a form of a company. 
(4) Unbound except as indicated in the 
horizontal section. 
 
(1) None 
(2) None (3) None 
(4) Unbound except as indicated in the 
horizontal section.  
 
(1) None 
  
 
(2) None  
 
 
(3) None 
  
(4) Unbound except as indicated in the 
horizontal section. 
 
(1) None 
(2) None (3) None 
(4) Unbound except as indicated in the 
horizontal section.  
  
  
10Modes of supply:     (1) Cross-border supply     (2) Consumption abroad                 (3) Commercial presence        (4) Prese nce of natural persons 
Sector or sub-sector Limitations on market access Limitations on nati onal treatment Additional commitments 
d), e), f), g)  
Architectural Se rvices(8671), 
Engineering Services (8672), 
Integrated Engineering  Services 
(8673), Urban Planning and Landscape Architectural Services 
(8674) 
  
  
 
  
  
  
 
  
 
  
 
i.  Architect (1) None, except for services related  to the 
architect  certificati on practice in Chinese 
Taipei, which can only be provided by the 
licensed architects of Chinese Taipei. 
(2) None, except for services related to architect 
certification practice in Chinese Taipei, 
which can only be provided by the licensed architects of Chinese Taipei.  
(3) None, except that access is restricted to 
natural persons having established an office other than in a form of a company.  
(4) Unbound except as indicated in the 
horizontal section. In addition, architecture 
firms established in Chinese Taipei may 
employ foreign technicians specialized in architecture, construction and related 
engineering technology. (1) None 
 
 
 (2) None 
 
  
(3) None 
  
(4) Unbound except as indicated in the 
horizontal section.   
  
11Modes of supply:     (1) Cross-border supply     (2) Consumption abroad                 (3) Commercial presence        (4) Prese nce of natural persons 
Sector or sub-sector Limitations on market access Limitations on nati onal treatment Additional commitments 
ii.      Professional Engineer (1) None, except for services related to 
professional engineer certification practice in Chinese Taipei, which can only be 
provided by the licensed professional 
engineers of Chinese Taipei. 
(2) None, except for services related to 
professional engineer certification practice 
in Chinese Taipei, which can only be provided by the licensed professional 
engineers of Chinese Taipei. 
(3) None, except that access is restricted to 
natural persons having established an office 
other than in a form of a company. 
(4) Unbound except as indicated in the 
horizontal section. (1) None 
  
 
 (2) None 
 
  
 
(3) None 
 
 (4) Unbound except as indicated in the 
horizontal section. 
  
iii. Other (excluding the architect 
and professional engineer certification services) (1) None 
(2) None (3) None 
(4) Unbound except as indicated in the 
horizontal section. (1) None 
(2) None (3) None 
(4) Unbound except as indicated in  the 
horizontal section.  
  
  
12Modes of supply:     (1) Cross-border supply     (2) Consumption abroad                 (3) Commercial presence        (4) Prese nce of natural persons 
Sector or sub-sector Limitations on market access Limitations on nati onal treatment Additional commitments 
i.      Veterinary Services (932) 
  (1)    None, except for services related  
 to the prescription, diagnosis and 
examination which shall be provided by the 
licensed veterinarian of Chinese Taipei with 
practice permit from Chinese Taipei. 
(2) None 
(3) None, except that: 
        (a) access is restricted to natural  persons having established an office other 
than in a form of a company. 
        (b) Veterinary assistant shall also 
 meet one of the following requirements with 
verification documents: 
 i. practising as a veterinarian assistant for 
at least 4 years; or 
 ii.  undertaking veterinary-related work for 
at least 5 years. 
(4) Unbound except as indicated in the 
horizontal section. (1) None 
  
 
 (2)  None 
(3)  None 
  
 
 
 
  
 
  
(4) Unbound except as indicated in the 
horizontal section. 
  
 
B.   Computer and Related 
Services (excluding the 
computer airline reservation system services) (841, 842, 
843, 844, 845, 849) (1) None 
(2) None 
(3) None (4) Unbound except as indicated in the 
horizontal section.  (1) None 
(2) None 
(3) None (4) Unbound except as indicated in the 
horizontal section. 
  
 
C. Research and  Development 
Services (851, 852, 853) (1) None 
(2) None 
(3) None (4) Unbound except as indicated in the 
horizontal section. 
 (1) None 
(2) None 
(3) None (4) Unbound except as indicated in the 
horizontal section.   
  
13Modes of supply:     (1) Cross-border supply     (2) Consumption abroad                 (3) Commercial presence        (4) Prese nce of natural persons 
Sector or sub-sector Limitations on market access Limitations on nati onal treatment Additional commitments 
D.  Real Estate Services 
 - Services Incidental to 
Residential and Non-
residential Buildings and Land Sales Agents (82203**, 
82205**) 
  
 (1) None 
(2) None 
(3) None (4) Unbound except as indicated in the 
horizontal section.  
 (1) None 
(2) None 
(3) None (4) Unbound except as indicated in  the 
horizontal section.  
E. Rental/leasing Services 
without Operators  
 
(b) Concerning  Aircraft 
(excluding 
cabotage)(83104**) 
  
 
 
(1) None (2) None 
(3) None 
(4) Unbound except as indicated in the 
horizontal section.  
 
 
(1) None (2) None 
(3) None 
(4) Unbound except as indicated in the 
horizontal section. 
  
(c) Concerning financial leasing 
of private cars (83101**) 
 (1) None 
(2) None 
(3) None 
(4) Unbound except as indicated in the 
horizontal section. (1) None 
(2) None 
(3) None 
(4) Unbound except as indicated in the 
horizontal section. 
  
(d) Concerning Other Machinery 
and Equipment (83106 -83109) 
 (1) None 
(2) None 
(3) None (4) Unbound except as indicated in the 
horizontal section. 
 (1) None 
(2) None 
(3) None (4) Unbound except as indicated in the 
horizontal section.   
  
14Modes of supply:     (1) Cross-border supply     (2) Consumption abroad                 (3) Commercial presence        (4) Prese nce of natural persons 
Sector or sub-sector Limitations on market access Limitations on nati onal treatment Additional commitments 
(e) Other (832) (1) None 
(2) None (3) None 
(4) Unbound except as indicated in the 
horizontal section. (1) None 
(2) None (3) None 
(4) Unbound except as indicated in the 
horizontal section. 
  
 
F.  Other Business Services  
 
(a) Advertising Services  
i. TV and Radio Advertising 
Services (the businesses producing or broadcasting/ 
screening advertisements for 
TV or radio.) (871**) 
  
 
(1) None (2) None 
(3) None 
(4) Unbound except as indicated in the 
horizontal section.  
  
 
(1) None (2) None 
(3) None 
(4) Unbound except as indicated in  the 
horizontal section. 
  
 
ii.  Other Advertising Services 
(871**)  
 (1) None 
(2) None (3) None 
(4) Unbound except as indicated in the 
horizontal section. (1) None 
(2) None (3) None 
(4) Unbound except as indicated in  the 
horizontal section. 
  
 
(b) Market Research and Public 
Opinion Polling Services 
(864)  
 (1) None 
(2) None 
(3) None  
(4) Unbound except as indicated in the 
horizontal section. (1) None 
(2) None 
(3) None 
(4) Unbound except as indicated 
in the horizontal section. 
  
 
(c) Management Consulting 
Services (865) (1) None 
(2) None 
(3) None  
(4) Unbound except as indicated in the 
horizontal section. (1) None 
(2) None 
(3) None 
(4) Unbound except as indicated in  the 
horizontal section. 
  
  
  
15Modes of supply:     (1) Cross-border supply     (2) Consumption abroad                 (3) Commercial presence        (4) Prese nce of natural persons 
Sector or sub-sector Limitations on market access Limitations on nati onal treatment Additional commitments 
(d) Services Related to 
Management Consulting (866) (includes management 
and operation by contract of 
health care facilities on a "for fee" basis but does not include 
practice of the medical 
profession) 
 (1) None 
(2) None (3) None  
(4) Unbound except as indicated in the 
horizontal section. 
 (1) None 
(2) None (3) None 
(4) Unbound except as indicated in  the 
horizontal section.  
 
(e) Technical Testing and 
Analysis Services (8676) 
 (1) None 
(2) None 
(3) None  (4) Unbound except as indicated in the 
horizontal section. (1) None 
(2) None 
(3) None  (4) Unbound except as indicated in the 
horizontal section. 
  
 
(f) Consulting services Incidental 
to Agriculture, Animal 
Husbandry and Forestry (88110**, 88120**, 88140**) (1) None 
(2) None 
(3) None (4) Unbound except as indicated in the 
horizontal section. (1) None 
(2) None 
(3) None (4) Unbound except as indicated in the 
horizontal section. 
  
 
(h) Services Incidental to Mining 
(883,5115) (1) None 
(2) None (3) None  
(4) Unbound except as indicated in the 
horizontal section. (1) None 
(2) None (3) None 
(4) Unbound except as indicated in  the 
horizontal section. 
  
 
(i) Services Incidental to 
Manufacturing (excluding CPC 88442 publishing and 
printing) (884**, 885) (1) None 
(2) None (3) None  
(4) Unbound except as indicated in the 
horizontal section. (1) None 
(2) None (3) None 
(4) Unbound except as indicated in  the 
horizontal section. 
   
  
16Modes of supply:     (1) Cross-border supply     (2) Consumption abroad                 (3) Commercial presence        (4) Prese nce of natural persons 
Sector or sub-sector Limitations on market access Limitations on nati onal treatment Additional commitments 
(k) Placement and Supply 
Services of Personnel (872) (1) Unbound. 
(2) None (3) None 
(4) Unbound except as indicated in the 
horizontal section. 
 (1) Unbound. 
(2) None (3) None 
(4) Unbound except as indicated in  the 
horizontal section.  
 
(m)  Engineering Related 
Scientific and Technical 
Consulting Services (8675) (1) None 
(2) None 
(3) None (4) Unbound except as indicated in the 
horizontal section. (1) None 
(2) None 
(3) None (4) Unbound except as indicated in  the 
horizontal section. 
  
 
(n) Maintenance and Repair of 
Equipment (633, 8861-8866) 
(excluding maritime vessels, aircraft and other transport 
equipment) (1) None 
(2) None 
(3) None (4) Unbound except as indicated in the 
horizontal section. (1) None 
(2) None 
(3) None (4) Unbound except as indicated in  the 
horizontal section. 
  
 
(o)  Building-cleaning Services 
(874) 
 (1) Unbound* 
(2) None 
(3) None 
(4) Unbound except as indicated in the 
horizontal section. (1) Unbound* 
(2) None 
(3) None 
(4) Unbound except as indicated in  the 
horizontal section. 
  
 
(p)  Photographic Services 
(875)  (1) None 
(2) None (3) None 
(4) Unbound except as indicated in the 
horizontal section. 
 (1) None 
(2) None (3) None 
(4)    Unbound except as indicated in the 
horizontal section.  
 
(q) Packaging Services(876) (1) None 
(2) None (3) None 
(4) Unbound except as indicated in the 
horizontal section. (1) None 
(2) None (3) None 
(4) Unbound except as indicated in the 
horizontal section.    
  
17Modes of supply:     (1) Cross-border supply     (2) Consumption abroad                 (3) Commercial presence        (4) Prese nce of natural persons 
Sector or sub-sector Limitations on market access Limitations on nati onal treatment Additional commitments 
(r) Publishing Services 
(88442**) (1) None 
(2) None (3) None  
(4) Unbound except as indicated in the 
horizontal section.  (1) None 
(2) None (3) None  
(4) Unbound except as indicated in the 
horizontal section and residence in Chinese  Taipei is required for a 
publisher  and an editor. 
  
 
(s) Convention Services (87909*)  
 Activities of 
establishments engaged in provision of planning, organising, 
managing and  marketing services 
for conventions and similar events (including catering and beverage 
service)  
 
(1) None 
(2) None (3) None 
(4) Unbound except as indicated in the 
horizontal section.  
 
(1) None 
(2) None (3) None 
(4) Unbound except as indicated in the 
horizontal section.  
 
(t)  Other i.  Telephone Answering 
Services (87903) 
ii.  Duplicating Services  
 (87904) 
iii. Translation and Interpretation 
Services (87905) 
iv.  Mailing List Compilation and 
Mailing Services (87906) v. Speciality Design 
Services (87907) 
  
(1) None 
(2) None 
(3) None 
(4) Unbound except as indicated in the 
horizontal section.  
(1) None 
(2) None 
(3) None 
(4) Unbound except as indicated in the 
horizontal section.  
  
  
18Modes of supply:     (1) Cross-border supply     (2) Consumption abroad                 (3) Commercial presence        (4) Prese nce of natural persons 
Sector or sub-sector Limitations on market access Limitations on nati onal treatment Additional commitments 
2. COMMUNICATION 
SERVICES 
    
B. Land-based International 
Courier Services: All ground 
services arising as part of an international shipment being 
handled by an air express 
carrier, for delivery to a consignee, except for those 
currently specifically reserved 
to the Chinese Taipei postal authorities by law. 
 (1)  None 
(2)  None 
(3)  None (4) Unbound except as indicated in the 
horizontal section. (1)  None 
(2)  None 
(3)  None (4) Unbound except as indicated in the 
horizontal section.  
C. Telecommunications services 
 
- This draft schedule is in accordance with the Chairman's notes of 16 January 1997 (S/GBT/W/2/Rev.1) on Scheduling Basic Telec ommunication Services 
Commitments, and of 3 February 1997 (S/GBT/W/3) on Market Access Limitations on Spectrum Availability. 
  
  
19Modes of supply:     (1) Cross-border supply     (2) Consumption abroad                 (3) Commercial presence        (4) Prese nce of natural persons 
Sector or sub-sector Limitations on market access Limitations on nati onal treatment Additional commitments 
 Basic Telecommunication 
services  
 
 Facilities-based and public 
switched telecom service4 
    
(a) Voice telephone services 
(7521) 
(b) Packet-switched data 
transmission services 
(7523**) 
(c) Circuit-switched data 
transmission services 
(7523**) 
(d) Telex services (7523**) 
(e) Telegraph services 
 (7522) 
 (1) None  
(2) None 
(3) None except:   - A service supplier shall be a Company 
Limited by Shares incorporated in Chinese 
Taipei. 
 - Direct investment by non-Chinese Taipei 
persons in a service supplier cannot exceed 
20%, but the aggregate of direct and indirect investment by non-Chinese 
 Taipei persons in a service supplier other 
than  Chunghwa Telecom,  is permitted to 60%
5. 
 (1) None  
(2) None 
(3) The chairman and a majority of the board 
of directors shall be Chinese Taipei  
nationals. 
 Chinese Taipei undertakes the 
obligations contained in the 
reference paper attached hereto. 
                                                      
4 According to the Telecommunication Act of Ch inese Taipei, this sector's services shall be provided by Type I telecommunication s enterprises. 
A Type I Telecommunications enterprise refers to an enterprise that installs telecommunications machinery and line facilities t o provide telecommuni cations services. 
The above facilities refer to network transmission facilities co nnecting the sending and receivin g terminals, switching facilit ies installed as part of the network transmission facilities and the 
auxiliary facilities thereof. 
5 Note for Transparency: 
- Direct investment refers to equity held directly by non-Chinese Taipei persons.  Indi rect investment refers to equity held by  non-Chinese Taipei persons  through a Chinese -Taipei 
company. 
- For the purpose of determining whether the ceiling limitation on the aggregate investment has been exceeded, the percentage o f indirect investment in a services supplier held through a 
Chinese Taipei company is calculated as follows: 
- Indirect investment = the percentage of direct investment in the service provider held by the company formed between a non-Ch inese Taipei person and a Chinese Taipei person multiplied 
by the percentage of direct investment held by  the non-Chinese Taipei person in this company. 
- As noted, the aggregate of direct investment by non-Chinese Ta ipei persons and indirect investment as determined through the above formula is permitted to 60%.  
  
20Modes of supply:     (1) Cross-border supply     (2) Consumption abroad                 (3) Commercial presence        (4) Prese nce of natural persons 
Sector or sub-sector Limitations on market access Limitations on nati onal treatment Additional commitments 
(f) Facsimile services  
(7521**, 7529**) 
(g) Private leased circuit services 
(7522**, 7523**) - The aggregate percentage of shares held by 
non-Chinese Taipei persons in  Chunghwa Telecom, including direct and indirect 
investment, cannot exceed 20%. 
(4) Unbound except as indicated in the 
horizontal section.  
  
 
(4) Unbound except as indicated in the 
horizontal section.  
(o) Others: 
- Land-based mobile 
communications services: 
Cellular mobile phone 
services (75213*),  
Radio paging services  (75291*) 
Trunked radio services 
 (7523**, 75213*)   Mobile data services 
 (7523**) (1) None 
(2) None 
(3) None except: 
- A service supplier shall be a Company 
Limited by Shares incorporated in Chinese 
Taipei.   
- Direct investment by non-Chinese Taipei 
persons in a service supplier cannot exceed 
20%, but the aggregate of direct and indirect investment by non-Chinese Taipei persons in 
a service supplier other than Chunghwa 
Telecom, is permitted to 60%
6.  
- The aggregate percentage of shares held by 
non-Chinese Taipei persons in Chunghwa 
Telecom, including direct and indirect 
investment, cannot exceed 20%.  
(4) Unbound except as indicated in the 
horizontal section. (1) None 
(2) None 
(3) The chairman and a majority of the 
board of directors shall be Chinese 
Taipei nationals. 
  
 
  
 
  
 
 
 
(4) Unbound except as indicated in the 
horizontal section. 
  
 
                                                      
6 The same as Footnote 5.  
  
21Modes of supply:     (1) Cross-border supply     (2) Consumption abroad                 (3) Commercial presence        (4) Prese nce of natural persons 
Sector or sub-sector Limitations on market access Limitations on nati onal treatment Additional commitments 
- Satellite-based  mobile 
communications services 
(75213*)  (1) Subject to commercial arrangements with 
Chinese Taipei li censed operators. 
(2) None 
(3) None except: 
- A service supplier shall be a Company 
Limited by Shares incorporated in Chinese 
Taipei. 
- Direct investment by non-Chinese Taipei 
persons in a service supplier cannot exceed 
20 %, but the aggregate of direct and 
indirect investment by non-Chinese Taipei 
persons in a service supplier other than 
Chunghwa Telecom, is permitted to 60%7. 
- The aggregate percentage of shares held by 
non-Chinese Taipei persons in Chunghwa 
Telecom, including direct and indirect investment, cannot exceed 20%. 
(4) Unbound except as indicated in the 
horizontal section. (1) None 
 (2) None 
(3) The chairman and a majority of the 
board of directors shall be Chinese Taipei nationals. 
 
  
 
 
 
  
 
  
(4) Unbound except as indicated in the 
horizontal section. 
  
 
Resale-Based Services8 
(a) Voice telephone service 
(7521)  
(1) None   
(2) None (3) None   
(4) Unbound except as indicated in the 
horizontal section  
(1) None 
(2)    None (3) None 
(4) Unbound except as indicated in the 
horizontal section.  
 
(b) Packet-switched data 
transmission services 
(7523**) 
 (1) None 
(2) None 
(3) None 
(4) Unbound except as indicated in the 
horizontal section. (1) None 
(2) None 
(3) None 
(4)    Unbound except as indicated in the    
horizontal section.  
                                                      
7 The same as Footnote 5. 
8 According to the Telecommunication Act of Ch inese Taipei, this sector's services are provided by Type II telecommunications en terprises. 
A Type II telecommunications enterprise refers to an enterprise other than a Type I telecommunications enterprise.  
  
22Modes of supply:     (1) Cross-border supply     (2) Consumption abroad                 (3) Commercial presence        (4) Prese nce of natural persons 
Sector or sub-sector Limitations on market access Limitations on nati onal treatment Additional commitments 
(c) Circuit-switched data 
transmission services (7523**)  
(d) Telex services (7523**) 
(e) Telegraph services  (7522) (f) Facsimile services  
(7521**, 7529**) 
(g) Private leased circuit services   (7522**, 7523**)    
(o) Others: 
Cellular mobile phone 
services (75213*), Radio paging services 
(75291*),  
Trunked radio services (7523**, 75213*),  
Mobile data services 
(7523**) (1) None 
(2) None 
(3) None 
(4) Unbound except as indicated in the 
horizontal section. 
 (1) None (2) None 
(3) None (4) Unbound except as indicated in the 
horizontal section.  
 Value Added 
Telecommunication Services9 
    
(h) Electronic mail  (7523**) 
(i) Voice mail  (7523**) (j) On-line information and data 
base retrieval (7523**) 
(k) Electronic data interchange  
(7523**) 
(l) Enhanced/value-added 
facsimile services, incl. store and forward, store and 
retrieve (7523**) (1) None 
(2) None (3) None 
(4) Unbound except as indicated in the 
horizontal section. (1) None 
(2) None (3) None 
(4) Unbound except as indicated in the 
horizontal section.  
                                                      
9 According to the Telecommunication Act of Chinese Taipei, this s ector's services are provided by Type II telecommunications en terprises.  A Type II telecommunica tions enterprise refers to an 
enterprise other than a Type I telecommunications enterprise.  
  
23Modes of supply:     (1) Cross-border supply     (2) Consumption abroad                 (3) Commercial presence        (4) Prese nce of natural persons 
Sector or sub-sector Limitations on market access Limitations on nati onal treatment Additional commitments 
(m) Code and protocol conversion  
(CPC n.a.) 
(n)  On-line information and/or 
data processing (843**)  
(o)  Others - Remote transactions 
- Electronic Bulletin Board 
- Word Processing and Editing    
 
D.  Audiovisual Services 
 
(a) Video Tape / Motion Picture 
Production and Distribution 
Services (9611**) 
  
 
(1) None 
(2) None 
(3) None 
(4) Unbound except as indicated in the 
horizontal section.  
 
(1) None (2) None 
(3) None 
(4) Unbound except as indicated in the 
horizontal section. 
  
(b) Motion Picture Projection 
Services (96121) (1) None 
(2) None 
(3) None 
(4) Unbound except as indicated in the 
horizontal section.  
 (1) None 
(2) None 
(3) None 
(4) Unbound except as indicated in the 
horizontal section.  
(c) Radio and Television   
Services (96131, 96132) 
  
 
  
 
  
 (1) None, except that: 
- Wireless Radio and Television:  70% 
of the wireless radio and television programs are required to be 
domestically produced. 
- Cable Television: 20 % of cable 
television programs are required to be 
domestically produced.  The above-
mentioned percentages shall be calculated on the basis of the total 
number of hours of program 
transmission on the activated channels (1) None  
 
  
 
  
 
  
 
   
  
24Modes of supply:     (1) Cross-border supply     (2) Consumption abroad                 (3) Commercial presence        (4) Prese nce of natural persons 
Sector or sub-sector Limitations on market access Limitations on nati onal treatment Additional commitments 
of a system operator. 
 (2) None 
(3)  None, except that: 
- Wireless Radio and Television:  70% 
of the wireless radio and television 
programs are required to be domestically produced. 
- Cable Television: 20 % of cable 
television programs are required to be domestically produced.  The above 
mentioned percentages shall be 
calculated on the basis of the total number of hours of program 
transmission on the activated channels 
of a system operator. 
 (2) None 
(3) None  
 (4) Unbound except as indicated in the  
horizontal section. (4) Unbound except as indicated in the 
horizontal section.  In addition, a 
transferee in the stock transaction of radio and television business is required 
to be a national residing in Chinese 
Taipei. 
  
(d) Sound Recording Services (1) None 
(2) None (3) None 
(4) Unbound except as indicated in the 
horizontal section. (1) None 
(2) None (3) None 
(4) Unbound except as indicated in the 
horizontal section.  
3. CONSTRUCTION AND 
RELATED ENGINEERING 
SERVICES    
 Construction and Related 
Engineering Services 
 (511-518)  (1) Unbound* 
(2) None (3) None (1) Unbound* 
(2) None 
(3) None  
 (including dredging) (4) Unbound except as indicated  in the (4) Unbound except  as indicated in  the   
  
25Modes of supply:     (1) Cross-border supply     (2) Consumption abroad                 (3) Commercial presence        (4) Prese nce of natural persons 
Sector or sub-sector Limitations on market access Limitations on nati onal treatment Additional commitments 
 horizontal section.   horizontal section. 
4. DISTRIBUTION SERVICES    
A.   Commission Agents' Services 
(621) (1) None 
(2) None 
(3) None (4) Unbound except as indicated in the 
horizontal section 
 (1) None 
(2) None 
(3) None (4) Unbound except as indicated in the 
horizontal section 
  
 
B. Wholesale Trade Services 
(excluding firearms and 
military equipment) (622) 
 (1) None 
(2) None 
(3) None 
(4) Unbound except as indicated in the 
horizontal section. 
. (1) None 
(2) None 
(3) None 
(4) Unbound except as indicated in the  
horizontal section.  
 
C. Retailing Services (631, 632, 
6111, 6113, 6121) (excluding firearms and military 
equipment)  (1) None 
(2) None (3) None 
(4) Unbound except as indicated in the 
horizontal section 
 (1) None 
(2) None (3) None 
(4) Unbound except as indicated in the 
horizontal section. 
  
 
D.  Franchising (8929) (1) None 
(2) None (3) None 
(4) Unbound except as indicated in the 
horizontal section 
 (1) None 
(2) None (3) None 
(4) Unbound except as indicated in  the 
horizontal section. 
  
 
5. EDUCATION SERVICES     
 Student Placement Services 
for Overseas Studies10 related 
to education services as  
described in CPC 9222,9223, (1) None 
(2) None 
(3) None 
(4)    Unbound except as indicated in the (1) None 
(2) None 
(3) None 
(4)    Unbound except as indicated in the  
                                                      
10 Excluding acting as an agent for collecting tuition fees and for holding classes  
  
26Modes of supply:     (1) Cross-border supply     (2) Consumption abroad                 (3) Commercial presence        (4) Prese nce of natural persons 
Sector or sub-sector Limitations on market access Limitations on nati onal treatment Additional commitments 
9224, 923,924, and 929 
  horizontal section.  
  horizontal section.  
Education Services (9222, 9223, 
9224, 923, 924, 929)  
(1) None 
(2) None 
(3) None, except that:   (a) The principal / president and chairman of 
the board should be national of Chinese 
Taipei. 
 (b) The number of foreigners as director 
may not exceed one third of the board and 
may not exceed five directors. 
(4) Unbound except as indicated in the 
horizontal section.   
(1) None 
(2) None 
(3) None   
 
 
 
  (4) Unbound except as indicated in the 
horizontal section. 
 
6. ENVIRONMENTAL 
SERVICES 
   
A. Sewage Services (9401); 
Refuse Disposal Services 
(9402); Sanitation and Similar 
Services (9403); Others (9404, 9405, 9409)  
 (1) Unbound* 
(2) None 
(3) None 
(4) Unbound except as indicated in the 
horizontal section. (1) None 
(2) None 
(3) None 
(4) Unbound except as indicated in the 
horizontal section.  
 
B. Consulting Services 
Incidental to Nature and 
Landscape Protection  
(9406**) (1) None 
(2) None 
(3) None 
(4) Unbound except as indicated in the 
horizontal section. (1) None 
(2) None 
(3) None 
(4) Unbound except as indicated in  the 
horizontal section. 
  
  
  
27Modes of supply:     (1) Cross-border supply     (2) Consumption abroad                 (3) Commercial presence        (4) Prese nce of natural persons 
Sector or sub-sector Limitations on market access Limitations on nati onal treatment Additional commitments 
7. FINANCIAL SERVICES 
   Applications for new products 
will be reviewed and responded to within three 
 All sectors listed in financial 
services 
   months of receipt of the 
completed documentation; 
and applications for products that have already been 
approved for other financial 
institutions will be reviewed and responded to within 15 
days of receipt of completed 
documentation. It is the ongoing intention of Chinese 
Taipei to further expedite and 
streamline the general approval procedures for new 
and existing products. 
 
Insurance and Insurance 
Related Services 
 
(a) Direct Insurance: 
 i. Life, accident and health 
insurance (excluding 
compulsory social security services and pension 
insurance currently reserved 
to the government under Chinese Taipei law) 
  
 
 
(1)    Unbound, except: 
 (a)   maritime ship ping and commercial 
aviation, with such insurance to cover any or 
all of the following: the goods being 
transported, the vehi cle transporting the 
goods and any liability arising therefrom; 
and  
(b) goods in international transit.  
 
(2) Unbound except for individual life 
insurance.  In addition, the solicitation and marketing activities in the territory of 
Chinese Taipei by non-resident financial 
service suppliers are not allowed.  
 
 
(1) None   
  
 
  
 
  
(2) Unbound. 
 1. All rate formulas, 
policy clauses, insurance 
application forms and other 
relevant materials prescribed 
by the Ministry of Finance (MOF) and amendments to 
such items may be filed with 
MOF for recordation prior to their use and may be used 
thereafter unless MOF 
disapproves within 15 days after receipt in the case of 
products that have already 
been approved for other financial institutions; and 
within 90 days after receipt in 
the case of new products.  
  
28Modes of supply:     (1) Cross-border supply     (2) Consumption abroad                 (3) Commercial presence        (4) Prese nce of natural persons 
Sector or sub-sector Limitations on market access Limitations on nati onal treatment Additional commitments 
ii. Non-life Insurance   (3)  Commercial presence should be limited to 
the form of branch, subsidiary, joint venture, or representative office; when the presence of 
a foreign mutual insurance company takes 
the form of a branch, the parent company of 
such branch must have net worth of at least 
NT$2 billion.  
 (4) Unbound except as indicated in the 
horizontal section. (3) None  
  
 
  
 
 (4) Unbound except as indicated in the 
horizontal section. 
 2. The official version 
of insurance policies may be issued in English language, 
but a translation of the policy 
into the Chinese language must be attached. 
(b) Reinsurance and Retrocession 
Service (1) None 
(2) None   
(3) None  
(4) Unbound except as indicated in the 
horizontal section. (1) None   
(2) None  
(3) None 
(4) Unbound except as indicated in the 
horizontal section. 
  
 
(c) Insurance  Intermediation 
(including agent, broker, 
adjuster and insurance  
solicitor services) (1) Unbound, except insurance broker 
services for: 
 (a)   maritime ship ping and commercial 
aviation, with such insurance to cover any or 
all of the following: the goods being 
transported, the vehi cle transporting the 
goods and any liability arising therefrom; 
and 
(b) goods in international transit. 
 (1) Unbound.   
  
29Modes of supply:     (1) Cross-border supply     (2) Consumption abroad                 (3) Commercial presence        (4) Prese nce of natural persons 
Sector or sub-sector Limitations on market access Limitations on nati onal treatment Additional commitments 
 (2) Unbound. 
(3) Except marine adjusters, all foreign agents, 
brokers, and adjusters who have set up 
branch offices in Chinese Taipei must 
employ at least one individual who has secured a Chinese Taipei 's agent, broker, or 
adjuster licence. 
(4) Unbound except as indicated in the 
horizontal section. In addition, one who has 
obtained an agent, broker, and adjuster 
qualification certificate may not practice 
business in the name of individual. 
 (2) Unbound. 
(3) None  
 
  
 
(4) Unbound except as indicated in the 
horizontal section.  
 
(d) Insurance Auxiliary Services 
(including claim settlement, actuarial services and 
consultancy services) (1) None 
(2) None (3) None 
(4) Unbound except as indicated in the 
horizontal section. (1) None 
(2) None (3) None 
(4) Unbound except as indicated in the 
horizontal section. 
  
 
B. Banking and Other Financial 
Services (1) Unbound. (1) Unbound Chinese Taipei permits the 
opening, at customer request, 
 (excluding insurance, 
securities and futures) 
 
 All services listed in this sub-
sector (2) None, except:1- that solicitation and 
marketing activities in the territory of Chinese Taipei by non-resident financial 
services providers is prohibited ; 2-financial 
services consumed ab road have to be 
permitted in the jurisdiction where they are 
consumed. 
 (2) None of foreign currency deposit 
accounts abroad and the transfer of funds to these 
accounts pursuant to the 
prudential regulations of competent authorities of 
Chinese Taipei.  
  
30Modes of supply:     (1) Cross-border supply     (2) Consumption abroad                 (3) Commercial presence        (4) Prese nce of natural persons 
Sector or sub-sector Limitations on market access Limitations on nati onal treatment Additional commitments 
  (3)    None, except that 
 (a) Provision of banking services, listed  in 
this sub-sector, through the commercial 
presence in Chinese Taipei shall be limited 
to the establishment of the following institutions:  commercial banks,  branches of 
foreign banks, offshore banking branches of  
banks, foreign exchange  brokerage firms, credit card institutions and bills finance 
companies. 
 
 (b) The following financial institutions 
incorporated in Chinese Taipei shall be Companies Limited by Shares: banks, bills 
finance companies and foreign exchange 
brokerage firms. 
 
 (c) Commercial Banks:  
 any single person shall not hold shares in a 
bank in excess of 5% of the total issued 
shares of the bank, nor shall persons related 
to the shareholder hold shares in excess of 15% in the aggregate, unless the approval of 
the MOF has been obtained. 
 (3) None 
  
 
  
 
  
 
 
 
 Specifically, this means that 
Chinese Taipei residents are permitted to seek information 
from the local branch of 
foreign banks on opening accounts abroad.  The local 
branch of the foreign banks 
are allowed to provide information upon request, 
including application forms 
and to provide information on 
filling out such forms.   
The application forms have to be sent directly by the 
customer to the parent bank 
outside Chinese Taipei for processing and approval.  The 
foreign bank is not permitted 
to solicit such business through any channels, 
including advertising 
promotion or the posting of information in Chinese Taipei 
 (d) Branches of Foreign Banks: 
 A foreign bank may apply to establish its 
first branch in Chines e Taipei when it meets 
the prior-business-activity test, or rank among the top five hundred banks in the 
world by assets or capital.      
  
31Modes of supply:     (1) Cross-border supply     (2) Consumption abroad                 (3) Commercial presence        (4) Prese nce of natural persons 
Sector or sub-sector Limitations on market access Limitations on nati onal treatment Additional commitments 
  The prior-business-activity test requires that 
a foreign bank should have a total business volume of at least US$1 billion with the 
banks and major enterprises of Chinese 
Taipei in the previous three calendar years, of which there shall have been a total 
amount of not less than US$180 million 
granted as medium- or long-term credits. 
   
 (e) Offshore Banking Branches of Banks: 
 i. An offshore banking branch 
may not conduct transaction or exchange business between Foreign 
currencies and New Taiwan dollars, 
and also may not engage in direct investment in company stocks or real 
estate. 
 ii. Customers of offshore banking 
branches are limited to non- residents 
and foreign exchange banks. 
   
  (f) Trust Investment Companies 
New entry is prohibited.    
  (g) Foreign exchange brokerage firms: 
Investment in a foreign exchange brokerage firm is subject to the following restrictions: 
 i. investment by each domestic or 
foreign financial institution is limited to 10% of the ownership share. 
 ii. investment by each domestic  or 
foreign party other than  financial institutions is limited to 20% of the 
ownership share. 
 The investment by money brokerage firms is    
  
32Modes of supply:     (1) Cross-border supply     (2) Consumption abroad                 (3) Commercial presence        (4) Prese nce of natural persons 
Sector or sub-sector Limitations on market access Limitations on nati onal treatment Additional commitments 
exempt from the above-mentioned 
restrictions. 
 (4) Unbound except as indicated in the 
horizontal section. (4) Unbound except as indicated in the 
horizontal section.  
(a) Acceptance of deposits and 
other repayable funds (3) Acceptance of foreign exchange checking 
account deposits and issuance of foreign 
exchange negotiable certificates of time deposit are not allowed. 
 Offshore banking branches accepting foreign 
exchange deposits may not: 
 (a) accept foreign curr ency cash deposits; 
 (b) permit the withdrawal of foreign 
exchange deposits in New Taiwan dollars. (3)  None  
 
(b) Lending of all types (3) (a) Foreign banks are subject to per client 
foreign currency credit extension limit of 
25% of the net worth of their head office; 
and per client New Taiwan dollar credit extension limit of 10% of the total balance 
of New Taiwan dollars credit extension or 
one billion New Taiwan dollars, whichever is higher. 
 (b) Foreign currency financing is only 
available  when there are underlying transactions .  
 (c) The borrowers of foreign currency loans 
are limited to domestic enterprises and individuals.  Foreign currency loans, except 
for post -export loans,  are not allowed to be 
converted into New Taiwan dollars. (3) None  
 
(c) Financial leasing (3) None (3) None  
(d) Payment and money 
transmission services (3) None (3) None   
  
33Modes of supply:     (1) Cross-border supply     (2) Consumption abroad                 (3) Commercial presence        (4) Prese nce of natural persons 
Sector or sub-sector Limitations on market access Limitations on nati onal treatment Additional commitments 
(e) Guarantees and     
commitments (3) Foreign banks are subject to per client 
foreign currency credit extension limit of 25% of the net worth of their head office; 
and per client New Taiwan dollar credit 
extension limit of 10% of the total balance of New Taiwan dollars credit extension or 
one billion New Taiwan dollars, whichever 
is higher. 
 Guarantees of foreign currency guarantee 
business are limited to domestic enterprises 
and individuals. 
 (3) None 
  
 
  
 
  
 
(f) Trading for own account or 
for account of customers in 
the following instruments: 
       - Money market 
 instruments 
       - Foreign exchange 
      - Bullion 
- Derivative products not traded 
on the exchange  and 
exempted from the Futures 
Trading Law by the Ministry of Finance or the Central 
Bank,  such as currency  
options, interest rate options, FX swaps, cross currency 
swaps, interest rate swaps, 
forward rate agreements and margin trading  
 (3) Forward exchange business  is available 
when there are unde rlying transactions. 
 Branches of  banks are not allowed to trade 
for own account  in corporate stocks. 
 
 (3) None  
(g) Participation in the issue of 
short-term bills (3) None 
 (3) None  
  
  
34Modes of supply:     (1) Cross-border supply     (2) Consumption abroad                 (3) Commercial presence        (4) Prese nce of natural persons 
Sector or sub-sector Limitations on market access Limitations on nati onal treatment Additional commitments 
(h)  Money broking (3) Foreign exchange brokerage firms are not 
allowed to engage in broking business of New Taiwan dollar money market. (3) None  
 
(i)  Trust service  (3) Banks are not allowed to receive trust fund 
of which the principal or interest is 
guaranteed (3) None  
(k)  Provision and transfer   of 
financial information,  and 
financial data  processing and related software by suppliers 
of other financial services 
 (3) None (3) None  
C. Securities and Futures 
 
(f) Trading for own account or 
for account of customers, 
whether on an exchange, in 
an over-the-counter market or otherwise, in the  following 
instruments: 
 
- derivative products subject to 
the Futures Trading Law,  including, but not limited to, 
futures and options
11 
  
- transferable securities  
 
  
 
  
 
 
(1) Unbound 
(2) None (3) None 
(4) Unbound except as indicated in the 
horizontal section. 
 
(1) Unbound 
(2) None (3) None 
(4) Unbound except as indicated in the 
 horizontal section.  
 
  
 
  
 
 
(1) Unbound 
(2) None (3) None 
(4) Unbound except as indicated in 
 the horizontal section. 
 
(1) Unbound 
(2) None (3) None 
(4) Unbound except as indicated in the 
 horizontal section.  
 
                                                      
11 Note for transparency: All the derivative pr oducts are subject to the Futures Trading Law except otherwise ex empted by the rele vant competent authorities, i.e. the Ministry of Finance and the 
Central Bank, as provided for in the said Law.  
  
35Modes of supply:     (1) Cross-border supply     (2) Consumption abroad                 (3) Commercial presence        (4) Prese nce of natural persons 
Sector or sub-sector Limitations on market access Limitations on nati onal treatment Additional commitments 
(g) Participation in issues of all 
kinds of securities (excluding short-term bills), including 
underwriting and placement 
as agent (whether publicly or privately) and provision of 
services related to such issues 
 (1) Unbound 
(2) None (3) Securities business only includes brokerage, 
underwriting, and dealership. 
(4) Unbound except as indicated in the 
horizontal section.  
 (1) Unbound 
(2) None (3) None  
 
(4) Unbound except as indicated in the 
horizontal section.  
 
(i) Asset management, such as 
cash or portfolio 
management, all forms of 
collective investment management, pension fund 
management, custodial, 
depository and trust services 
 (1) Unbound 
(2) None 
(3) Securities investment trust 
 enterprises: (a) Equity interest in a company held by a 
single share holder and its related parties is 
subject to a ceiling limitation of 25% except for those who meet  the  qualifications as 
stated in  (b) i. ii. and iii.. (1) Unbound 
(2) None 
(3) None  
 (b) At least 20% of the equity holding should 
come from promoters who meet  the 
following qualifications: 
 i. fund management institutions:  at least 
NTD 65 billion of mutual fund, unit 
trust, or investment trust under management (assets managed by  their 
50%, or more than 50%, holding 
subsidiaries included). 
     
  
36Modes of supply:     (1) Cross-border supply     (2) Consumption abroad                 (3) Commercial presence        (4) Prese nce of natural persons 
Sector or sub-sector Limitations on market access Limitations on nati onal treatment Additional commitments 
 ii. banks: ranked among top 1000 of 
world banks in terms of assets or net worth 
iii. insurance companies : holding at least 
NTD 8 billion securities assets 
 Securities depository enterprise: Only 
one securities depository can be 
established for one stock market (exchange).
12 
(4) Unbound except as indicated in the 
horizontal sections. 
  
  
 
  
 
  
(4) Unbound except as indicated in the 
horizontal section. 
  
 
(j) Settlement and clearing 
services for financial assets, 
including securities, derivative products, and other 
negotiable instruments (1) Unbound except that domestic securities 
issuers may make settlement and clearance 
through Euroclear,  CEDEL or DTC (Depository Trust Company). 
(2) None  
(3) None except that:  (a) Only securities exchanges and the 
securities depository enterprises entrusted by 
the securities exchanges can provide 
securities settlement and clearing services.  
 (b) Securities depository enterprises: Only 
one securities depository can be established 
in one exchange. 
(4) Unbound except as indicated in the 
horizontal section. (1) Unbound. 
 
  
(2) None 
(3) None  
 
 
 
  
 
(4) Unbound except as indicated in the  horizontal section. 
  
 
(k) Provision and transfer of 
financial information, and 
financial data processing and 
related software by providers of other financial services (1) None 
(2) None 
(3) None  
(4) Unbound except as indicated in the 
horizontal section. (1) None 
(2) None 
(3) None 
(4) Unbound except as indicated in the  horizontal section.  
                                                      
12 Banks permitted by the Bureau of Monetary Affairs to engage in  the custodial business are allowed to provide such service for c ollective investment funds.  
  
37Modes of supply:     (1) Cross-border supply     (2) Consumption abroad                 (3) Commercial presence        (4) Prese nce of natural persons 
Sector or sub-sector Limitations on market access Limitations on nati onal treatment Additional commitments 
(l) Services  provided by the 
securities consulting enterprises in the following 
categories: a. accepting 
assignment of providing for researches, analyses and 
advice relating to securities 
investments; b. issuing publications relating to 
securities investments; 
 c. hosting seminars relating to 
securities investments; and d. 
providing other services relating to securities 
investments which have been 
approved by the SFC), intermediation and other 
auxiliary financial services 
 (1) Unbound. 
(2) None (3) None 
(4) Unbound except as indicated in the 
horizontal section. (1) Unbound. 
(2) None (3) None 
(4) Unbound except as indicated in the 
horizontal section.  
 
8. HEALTH RELATED AND 
SOCIAL SERVICES    
 Human Health Services (931) (1) None 
(2) None (3) A hospital should be established only by a 
non-profit institution
13.  In addition: 
 (a) the number of foreigners as directors 
should not exceed one third of total 
directors; 
 (b) more than one third of total directors 
should be medical professionals. 
(4) Medical services should be provided by 
persons with medical licenses issued by Chinese Taipei. (1) None 
(2) None (3) None 
 
  
 
  
(4) Medical services should be provided by 
persons with medical licenses issued by Chinese Taipei  
                                                      
13 Note for Transparency: Non-profit institutions are permitted to purchase and consume services from for-profit entities.  
  
38Modes of supply:     (1) Cross-border supply     (2) Consumption abroad                 (3) Commercial presence        (4) Prese nce of natural persons 
Sector or sub-sector Limitations on market access Limitations on nati onal treatment Additional commitments 
Other  
- Leasing or rental services 
concerning medical devices 
without operator  
(1) None (2) None 
(3) None 
(4) Unbound except as indicated in the  horizontal section.  
(1) None (2) None 
(3) None 
(4) Unbound except as indicated in the 
horizontal section. 
  
9. TOURISM AND TRAVEL 
RELATED SERVICES    
 
A. Hotels and Restaurants 
(including catering)  
 
(a) Hotel (limited to tourist hotel) 
(excluding food and beverage serving services) (64110**) 
  
 
  
(1) None 
(2) None (3) None 
(4) Unbound except as indicated in the 
 horizontal section.   
 
  
(1) None 
(2) None (3) None 
(4) Unbound except as indicated in the 
 horizontal section.  
 
(b) Hotels (limited to regular 
hotel) (64110**) 
 
  
 
(c) Food  Serving Services (642) 
(including related beverage 
serving services) (1) None 
(2) None 
(3) None 
(4) Unbound except as indicated in the    horizontal section.  
 
(1) None (2) None (3) None 
(4) Unbound except as indicated in the 
 horizontal section. 
 (1) None 
(2) None 
(3) None 
(4) Unbound except as indicated  in the  horizontal section.  
 
(1) None (2) None 
(3) None 
(4) Unbound except as indicated  in the  horizontal section.  
 
B. Travel Agencies and Tour 
Operators Services (7471) (1) None 
(2) None 
(3) None 
(4) Unbound except as indicated in the (1) None 
(2) None 
(3) None 
(4) Unbound except as indicated in the  
  
  
39Modes of supply:     (1) Cross-border supply     (2) Consumption abroad                 (3) Commercial presence        (4) Prese nce of natural persons 
Sector or sub-sector Limitations on market access Limitations on nati onal treatment Additional commitments 
 horizontal section.  horizontal section. 
C. Tourist Guides Services (7472) (1)    Unbound. 
(2)    None (3) Unbound except such services can only be 
provided by a travel agency or a tour 
operator. 
(4)    Unbound except as indicated in 
 the horizontal section.  
 (1) Unbound. 
(2) None (3) None 
 
 (4)   Unbound except as indicated 
 in the horizontal section. In addition, a 
foreigner can apply for the travel-guide examination only if he has obtained the 
alien resident certificate and has resided 
in Chinese Taipei for more than six months. 
  
 
10. RECREATIONAL, 
CULTURAL AND SPORTING SERVICES 
(OTHER THAN 
AUDIOVISUAL SERVICES) 
    
B. News Agency Services (962) (1) None 
(2) None (3) None 
(4) Unbound except as indicated in 
 the horizontal section. (1) None 
(2) None (3) None 
(4) Unbound except as indicated in the 
horizontal section. In addition, residence in Chinese Taipei is required for a 
publisher and an editor. 
  
D. Sporting and Other 
Recreational Services (limited 
to 96411, 96412m 96419) (1) None 
(2) None 
(3) None 
(4) Unbound except as indicated in 
 the horizontal section. (1) None 
(2) None 
(3) None 
(4) Unbound except as indicated in 
 the horizontal section.   
  
40Modes of supply:     (1) Cross-border supply     (2) Consumption abroad                 (3) Commercial presence        (4) Prese nce of natural persons 
Sector or sub-sector Limitations on market access Limitations on nati onal treatment Additional commitments 
11. TRANSPORT SERVICES    
 
C.  Air Transport Services14 
  
(a) Maintenance and repair of 
aircraft  
  
(1) Unbound* 
(2) None (3) None 
(4) Unbound except as indicated in the 
 horizontal section.  
  
(1) Unbound* 
(2) None (3) None  
(4) Unbound except as indicated in the 
 horizontal section.   
 
(b) Selling and marketing of air 
transport services (1) None 
(2) None (3) None 
(4) Unbound except as indicated in the 
 horizontal section.  (1) None 
(2) None (3) None 
(4) Unbound except as indicated in the 
 horizontal section.   
 
(c) Computer reservation system (1) None 
(2) None (3) None 
(4) Unbound except as indicated in the 
 horizontal section. 
 (1) None 
(2) None (3) None 
(4) Unbound except as indicated in the 
 horizontal section. 
  
 
E. Rail Transport Services     
(a) Passenger Transportation  
(7111 ) (1) Unbound* 
(2) None 
(3) None 
(4) Unbound except as indicated in the 
horizontal section 
 (1) Unbound* 
(2) None (3) None 
(4) Unbound except as indicated in the 
 horizontal section.  
 
                                                      
14 As defined in the Annex on Air Transport Services.  
  
41Modes of supply:     (1) Cross-border supply     (2) Consumption abroad                 (3) Commercial presence        (4) Prese nce of natural persons 
Sector or sub-sector Limitations on market access Limitations on nati onal treatment Additional commitments 
(b)   Freight Transportation (7112) (1) Unbound* 
(2) None (3) None 
(4) Unbound except as indicated in the 
horizontal section. 
 (1) Unbound* 
(2) None (3) None 
(4) Unbound except as indicated in the 
horizontal section.  
(d) Maintenance and Repair of 
Rail Transport Equipment 
(8868**) 
 
 (1) None 
(2) None 
(3) None (4) Unbound except as indicated in the 
horizontal section. (1) None 
(2) None 
(3) None (4) Unbound except as indicated in the 
horizontal section. 
  
 
F. Road Transport Services  
(a) Passenger transportation 
(limited to car rental services)  
 
(1) Unbound* (2) None 
(3) None 
(4) Unbound except as indicated in the 
horizontal section.  
 
(1) Unbound* (2) None 
(3) None 
(4) Unbound except as indicated in the 
horizontal section. 
  
 
(b) Freight Transport Services 
(limited to ordinary trucking 
services and container trucking services), excluding 
regular route trucking 
services as currently defined in the Highway Law 
 (1) Unbound* 
(2) None 
(3)  None (4) Unbound except as indicated in the 
horizontal section. (1) Unbound* 
(2) None 
(3) None (4) Unbound except as indicated in the 
horizontal section.  
 
(d) Maintenance and 
Repair of Road Transport 
Equipment (6112, 8867) (1) None 
(2) None 
(3) None 
(4) Unbound except as indicated in the 
horizontal section. (1) None 
(2) None 
(3) None 
(4) Unbound except as indicated in the 
horizontal section. 
  
  
  
42Modes of supply:     (1) Cross-border supply     (2) Consumption abroad                 (3) Commercial presence        (4) Prese nce of natural persons 
Sector or sub-sector Limitations on market access Limitations on nati onal treatment Additional commitments 
H.   Services Auxiliary to All 
Modes of Transport 
 
(a) Cargo Handling Services 
(excluding ramping services provided in airports) (741**)  
  
(1)        Unbound* 
(2)        None 
(3)        None 
(4) Unbound except as indicated in the 
 horizontal section.   
  
(1)        Unbound* 
(2)        None 
(3)        None 
(4) Unbound except as indicated in the 
 horizontal section.  
(b) Storage and Warehousing 
services (742) (1) Unbound* 
(2) None 
(3)  None 
(4) Unbound except as indicated in the 
 horizontal section. 
 (1) Unbound* 
(2) None 
(3) None (4) Unbound except as indicated in the 
 horizontal section.  
 
(c) Freight Transport Agency 
Services (7480)  (1)  None 
(2)  None 
(3)  None 
(4) Unbound except as indicated in the 
 horizontal section. 
 (1) None 
(2) None 
(3) None 
(4) Unbound except as indicated in the 
 horizontal section.  
 
(d) Other Supporting and 
Auxiliary Transport Services (excluding local pick-up and 
delivery) (7490**) (1) None 
(2) None 
(3) None 
(4) Unbound except as indicated in the 
 horizontal section.   (1)        None 
(2)        None (3)        None 
(4) Unbound except as indicated in the 
 horizontal section.   
 
  
43 ANNEX  
REFERENCE PAPER  
 Scope
 
 
 The following are definitions and principl es on the regulatory framework for the basic 
telecommunications services.  Definitions
 
 
Users  mean service consumers and service suppliers. 
 Essential facilities
 mean facilities of a public telecommunications transport network or service that 
 
(a) are exclusively or predominantly provided by a single or limited number of suppliers; and 
 
(b) cannot feasibly be economically or technically substituted in order to provide a service.  
A major supplier
 is a supplier which has the ability to materia lly affect the terms of participation (having 
regard to price and supply) in the relevant market  for basic telecommunications services as a result of: 
 
(a) control over essential facilities; or  (b) use of its position in the market. 
 1. Competitive safeguards
 
 
1.1 Prevention of anti-competitive practices in telecommunications  
  Appropriate measures shall be maintained for th e purpose of preventing suppliers who, alone or 
together, are a major supplier from engaging in  or continuing anti-competitive practices. 
 
1.2 Safeguards
 
  The anti-competitive practices referred to above shall include in particular:   (a) engaging in anti-competitive cross-subsidization; 
 
 (b) using information obtained from comp etitors with anti-competitive results; and 
 
(c) not making available to other services supplie rs on a timely basis technical information 
about essential facilities and commercially rele vant information which are necessary for 
them to provide services. 
 2. Interconnection
 
 2.1 This section applies to linking with suppliers  providing public telecommunications transport 
networks or services in order to allow the users of  one supplier to communicate with users of another 
supplier and to access services provided by another s upplier, where specific commitments are undertaken. 
 2.2 Interconnection to be ensured
 
  Interconnection with a major supplier will be en sured at any technically feasible point in the 
network.  Such interconnection is provided. 
  
44 (a) under non-discriminatory terms, conditio ns (including technical standards and 
specifications) and rates and of a quality no less favorable than that provided for its own like 
services or for like services of non-affiliated servi ce suppliers or for its  subsidiaries or other 
affiliates; 
 
(b) in a timely fashion, on terms, conditions (including technical standards and specifications) 
and cost-oriented rates that are transparen t, reasonable, having regard to economic 
feasibility, and sufficiently unbundled so that the supplier need not pay for network components or facilities that it does not require for the service to be provided; and 
 
(c) upon request, at points in addition to the netw ork termination points offered to the majority 
of users, subject to charges that reflect the cost of construction of necessary additional 
facilities. 
 
2.3 Public availability of the pro cedures for interconnection negotiations
 
  The procedures applicable for interconnection to a major supplier will be made publicly available. 
 2.4 Transparency of interconnection arrangements
 
 
 It is ensured that a major supplier will make public ly available either its interconnection agreements 
or a reference interconnection offer.  2.5 Interconnection: dispute settlement
 
 
 A service supplier requesting interconnection with  a major supplier will have recourse, either; 
  (a) at any time or   (b) after a reasonable period of time which has been made publicly known 
 
to an independent domestic body, which may be a regulatory body as referred to in paragraph 5 below, to resolve disputes regarding appropriate terms, conditi ons and rates for interconnection within a reasonable 
period of time, to the extent that these have not been established previously.  3. Universal service
 
 
 Any Member has the right to define the kind of universal service obligation it wishes to maintain.  
Such obligations will not be regarded as anti-competitively  per se, provided they are administered in a 
transparent, non-discriminatory and competitively ne utral manner and are not more burdensome than 
necessary for the kind of universal service defined by the Member. 
 
4. Public availability of licensing criteria  
  Where a license is required, the following will be made publicly available:  
(a) all the licensing criteria and the period of time normally required to reach a decision 
concerning an application for a license and 
 
 (b) the terms and conditio ns of individual licenses. 
  The reasons for the denial of a license will be  made known to the applicant upon request. 
 
     
45 5. Independent regulators  
  The regulatory body is separate from, and not accountable to, any supplier of basic 
telecommunications services.  The decisions of and the procedures used by regulators shall be impartial with 
respect to all market participants.  6. Allocation and use of scarce resources
 
  Any procedures for the allocation and use of scar ce resources, including frequencies, numbers and 
rights of way, will be carried out in an objective, timely, transparent and non-discriminatory manner.  The 
current state of allocated frequency bands will be made  publicly available, but detailed identification of 
frequencies allocated for specific government uses is not required.  
__________