RESTRICTEDWORLD TRADE
ORGANIZATIONTN/S/O/TPKM
4 April 2003
(03-1908)
Council for Trade in Services
Special SessionOriginal:  English
THE SEPARATE CUSTOMS TERRITORY
OF TAIWAN, PENGHU, KINMEN AND MATSU
Initial Offer
The following initial offer has been received from the delegation of the Separate Customs
Territory of Taiwan, Penghu, Kinmen and Matsu on 31 March with the request that it be circulated toMembers of the Council for Trade in Services.TN/S/O/TPKM
Page 3Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or sub-sector Limitations on market access Limitations on national treatment Additional commitments
I. HORIZONTAL
COMMITMENTS
All Sectors (except as indicatedotherwise in specific sectors)Investment
(3) (a) Foreign business and individuals may
directly invest in Chinese Taipei, unlessotherwise falling into the measures of
limitations specified in the specific sectors.
(b) With respect to portfolio investment in
companies whose shares are listed in thesecurities 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 betransferred, encumbered or leased toforeigners.
Entry and Temporary Stay of Natural Persons
(4) Unbound, except for measures concerning
the entry and temporary stay of naturalpersons in the following categories:(4) Unbound except for measures concerning
the categories of natural persons referredto in the market access column.TN/S/O/TPKM
Page 4
Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or sub-sector Limitations on market access Limitations on national 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 Taipei without receiving
remuneration from within Chinese Taipei
and is not engaged in making direct sales to
the general public, for the purpose ofparticipating in business meetings, businessnegotiations, the preparation for establishinga commercial presence or other similaractivities.
(b) Intra-corporate Transferees may enter and
stay in Chinese Taipei for three-year initialperiod that may be renewed for one-yearperiods indefinitely.
Intra-corporate transferee being a natural
person who has been employed by a
juridical person of another member for aperiod of not less than 1 year and who seekstemporary entry to provide services as aresponsible person, a senior manager or aspecialist through a branch, subsidiary or
affiliate established in Chinese Taipei.
A responsible person means a board
director, the general manager, a branchmanager or a department head appointed by
the board with the authority to sign for the
employing entity.TN/S/O/TPKM
Page 5Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or sub-sector Limitations on market access Limitations on national treatment Additional commitments
A senior manager means a head or a
supervisor who has the authority to appointor remove the personnel or to make suchrecommendation, and has the power to makedecisions over the day-to-day operation.
A specialist means a natural person withinan organisation who possesses knowledge at
an advanced level of expertise and who
possesses proprietary knowledge of theorganisation's services, research equipment,techniques, or management. (Specialistsmay include, but are not limited to, members
of licensed professions.)
(c) A natural person employed by business
entities in Chinese Taipei, may enter andstay for a period of no more than 3 years.
(d) Persons who are employees of an  enterprise
outside Chinese Taipei not havingcommercial presence in Chinese Taipei mayenter and stay in Chinese Taipei with thefollowing requirements:
i. The enterprise outside Chinese Taipeihas concluded a service contract with anenterprise engaged in business operation inChinese Taipei;
ii. These persons should have been
employed by the enterprise outside ChineseTaipei for a period of no less than one yearand have met the requirements prescribedfor "specialist" above;TN/S/O/TPKM
Page 6
Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or sub-sector Limitations on market access Limitations on national treatment Additional commitments
iii. The persons may not engage in other
employment while in Chinese Taipei;iv. The commitment relates only to theservice activity which is the subject of thecontract.  It does not confer entitlement topractice 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 ofthe 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.TN/S/O/TPKM
Page 7Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or sub-sector Limitations on market access Limitations on national treatment Additional commitments
The contract has to be obtained for
providing services mentioned below:
architectural services (8671), engineeringservices (8672), integrated engineeringservices (8673), urban planning andlandscape 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 pollingservices (864), management consultingservices (865), services related to
management consulting (866),
engineering related scientific and technical
consulting services (8675), maintenance andrepair of equipment (633, 8861-8866)(excluding maritime vessels and landtransport equipment), and travel agencies
and tour operators services (7471).TN/S/O/TPKM
Page 8
Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or sub-sector Limitations on market access Limitations on national treatment Additional commitments
II. SECTOR-SPECIFIC COMMITMENTS
1. BUSINESS SERVICES
A. Professional Services
(a) Legal Services(861**)i. Legal services provided by
"Attorney of foreign legalaffairs (AFLA)"
- AFLA  practising the law of
his/her home  jurisdiction(s)or international lawindependently.(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.   partnership2 in a law office is limited to
persons registered as attorneys of foreignlegal 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 inhis/her homejurisdiction(s), and
- AFLA co-operating with the
licensed lawyer in Chinese
Taipei or acquiring the latter'swritten opinions in the mattersconcerning marriage, parentalor inheritance cases in which
the national of Chinese Taipei
is a party or the estates islocated 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 5years in his/her homejurisdiction(s).However, should a
foreign lawyer be
employed by a lawyer ofChinese Taipei as anassistant or consultant orhave practiced his/herhome jurisdiction laws
elsewhere, the term,
                                                     
1 The AFLA is required to indicate the jurisdictio n(s) where he/she is qualified as a lawyer.
2 Note For transparency: According to the law of Chinese Taipei, a partnership is not a juridical person.
3 Registration shall be made with the Bar Association in the lo cality in Chinese Taipei where the law office is located after th e person is recognized by Chinese Taipei as "AFLA".TN/S/O/TPKM
Page 9Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or sub-sector Limitations on market access Limitations on national treatment Additional commitments
 ii. Foreign legal assistant or
consultant:
- assisting Chinese Taipei
lawyers or AFLAs but notconducting litigation orproviding other legal services
under the
assistant/consultant's ownname.(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 orpractice may beaccredited to the saidfive year term.
iii. Any foreign lawyer who
is already employed by a
Chinese Taipei lawyerby the date of ChineseTaipei's accession to theWTO in accordance
with the RegulationConcerning Chinese
Taipei's Lawyers'
Employment ofForeigners andAdministration Thereof,may apply to become anAFLA after the
completion of the two
years' employmentperiod.TN/S/O/TPKM
Page 10
Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or sub-sector Limitations on market access Limitations on national treatment Additional commitments
(b) Chinese Taipei will
allow AFLAs to establishpartnership with or employlicensed lawyer of ChineseTaipei upon the accession tothe WTO.
(c) Foreigners who are
college graduates majoring in
law-related subjects or havelaw-related workingexperience for at least twoyears, or who have passed the
lawyer’s examination in any
foreign country and may beemployed by Chinese Taipeilawyers or “AFLAs” to workas 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 ChineseTaipei, which can be provided only by thecertified public accountants of Chinese
Taipei.(1) None
(2) None, except for services related
to accountant attestation practice in ChineseTaipei, which can be  provided only by the
certified public accountants of Chinese
Taipei.(2) NoneTN/S/O/TPKM
Page 11Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or sub-sector Limitations on market access Limitations on national treatment Additional commitments
ii. Other (excluding   certified
public accountant) (862**)(3) None, except that access is restricted to
natural persons having established an officeother 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 canonly be provided by the tax attorneys ofChinese Taipei.
(2) None, except for services related to Chinese
Taipei's income tax certifications, which can
only be provided by the tax attorneys ofChinese Taipei.
(3) None, except that access is restricted to
natural persons having established an officeother 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.TN/S/O/TPKM
Page 12
Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or sub-sector Limitations on market access Limitations on national treatment Additional commitments
d), e), f), g)
Architectural Services(8671),Engineering Services (8672),Integrated Engineering  Services(8673), Urban Planning andLandscape Architectural Services
(8674)
i. Architect (1) None, except for services related  to the
architect  certification practice in ChineseTaipei, which can only be provided by thelicensed architects of Chinese Taipei.
(2) None, except for services related to architect
certification practice in Chinese Taipei,
which can only be provided by the licensedarchitects of Chinese Taipei.
(3) None, except that access is restricted to
natural persons having established an officeother than in a form of a company.
(4) Unbound except as indicated in the
horizontal section. In addition, architecturefirms established in Chinese Taipei mayemploy foreign technicians specialized inarchitecture, construction and relatedengineering technology.(1) None
(2) None
(3) None
(4) Unbound except as indicated in the
horizontal section.TN/S/O/TPKM
Page 13Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or sub-sector Limitations on market access Limitations on national treatment Additional commitments
ii. Professional Engineer (1) None, except for services related to
professional engineer certification practicein Chinese Taipei, which can only beprovided by the licensed professionalengineers of Chinese Taipei.
(2) None, except for services related to
professional engineer certification practice
in Chinese Taipei, which can only beprovided by the licensed professionalengineers 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 engineercertification 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.TN/S/O/TPKM
Page 14
Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or sub-sector Limitations on market access Limitations on national treatment Additional commitments
i. Veterinary Services (932) (1) None, except for services related
to the prescription, diagnosis andexamination which shall be provided by thelicensed veterinarian of Chinese Taipei withpractice permit from Chinese Taipei.
(2) None
(3) None, except that:
(a) access is restricted to natural
persons having established an office otherthan 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 forat least 4 years; orii. undertaking veterinary-related work forat 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 thecomputer airline reservationsystem services) (841, 842,
843, 844, 845, 849) (84)(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.TN/S/O/TPKM
Page 15Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or sub-sector Limitations on market access Limitations on national treatment Additional commitments
D. Real Estate Services
- Services Incidental to
Residential and Non-residential Buildings andLand 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.TN/S/O/TPKM
Page 16
Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or sub-sector Limitations on market access Limitations on national 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 businessesproducing 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.TN/S/O/TPKM
Page 17Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or sub-sector Limitations on market access Limitations on national treatment Additional commitments
(d) Services Related to
Management Consulting(866) (includes managementand operation by contract ofhealth care facilities on a "forfee" 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, AnimalHusbandry 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 (excludingCPC 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.TN/S/O/TPKM
Page 18
Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or sub-sector Limitations on market access Limitations on national 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 transportequipment)(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.TN/S/O/TPKM
Page 19Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or sub-sector Limitations on market access Limitations on national 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 inChinese  Taipei is required for a
publisher  and an editor.
(s) Convention Services (87909*)
* Activities of establishments
engaged in provision ofplanning, organising,
managing and  marketing
services for conventions andsimilar events (includingcatering 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.TN/S/O/TPKM
Page 20
Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or sub-sector Limitations on market access Limitations on national treatment Additional commitments
2. COMMUNICATION
SERVICES
B. Land-based International
Courier Services: All groundservices arising as part of aninternational shipment beinghandled by an air express
carrier, for delivery to a
consignee, except for thosecurrently specifically reservedto the Chinese Taipei postalauthorities 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 note s of 16 January 1997 (S/GBT/W/2/Rev.1) on Scheduling Basic Teleco mmunication Services
Commitments, and of 3 February 1997 (S/GBT/W/3) on Market Access Limitations on Spectrum Availability.TN/S/O/TPKM
Page 21Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or sub-sector Limitations on market access Limitations on national treatment Additional commitments
(A) 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 ChineseTaipei.
 - 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.
        The total direct shareholding by non-
Chinese Taipei persons in a service supplier
cannot exceed 49%, and the sum of directand indirect shareholding by non-ChineseTaipei persons cannot exceed 60%.
5(1) None
(2) None(3) The chairman and a majority of the board
of directors shall be Chinese Taipei
nationals.  The chairman of the board
shall be a national of Chinese Taipei.Chinese Taipei undertakes the
obligations contained in thereference paper attachedhereto.
                                                     
4 According to the Telecommunication Act of Ch inese Taipei, this sector's services sha ll 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 telecommunications services.
The above facilities refer to network transmission facilities connecting the sending and r eceiving terminals, switching fac ilities installed as part of the ne twork transmission facilities and the
auxiliary facilities thereof.
5 Note for Transparency:
- Direct investment  shareholding refers to equity held directly by non-Chinese Taipei persons.  Indirect investment  shareholding 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  sum of direct and indirect shareholding has been exceeded, the percentage of indirect
investment  shareholding  in a services supplier held through a Chinese Taipei company is calculated as follows:  by multiplying the percentage of shareholding by domestic juridical
persons in a service supplier by the percentage of shareholding or capital paid by non-Chinese Taipei persons in the said domes tic juridical persons.
- Indirect investment = the percentage of direct investment in the service provider held by the company formed between a non-Chi nese 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  sum of direct investment  shareholding by non-Chinese Taipei persons and indirect investment  shareholding  as determined through the above formula is permitted
to cannot exceed 60%.TN/S/O/TPKM
Page 22
Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or sub-sector Limitations on market access Limitations on national 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%.
       The percentage of shareholding by non-
Chinese Taipei persons in ChunghwaTelecom Co., Ltd., in cluding direct and
indirect shareholdi ng, cannot exceed 20%.
(4) Unbound except as indicated in the
horizontal section.(4) Unbound except as indicated in the
horizontal section.TN/S/O/TPKM
Page 23Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or sub-sector Limitations on market access Limitations on national treatment Additional commitments
(o) Others:
- Land-based mobile
communications services:
Cellular mobile phoneservices (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 ChineseTaipei.
- 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 total direct shareholding by non-
Chinese Taipei persons in a service supplier
cannot exceed 49%, and the sum of direct
and indirect shareholding by non-ChineseTaipei persons cannot exceed 60%.
6
- The aggregate percentage of shares held by
non-Chinese Taipei persons in Chunghwa
Telecom, including direct and indirect
investment, cannot exceed 20%.
-  The percentage of shareholding by non-
Chinese Taipei persons in Chunghwa
Telecom Co., Ltd., in cluding direct and
indirect shareholdi ng, 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.  The chairman of the
board shall be a national of Chinese
Taipei.
(4) Unbound except as indicated in the
horizontal section.
                                                     
6 The same as Footnote 5.TN/S/O/TPKM
Page 24
Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or sub-sector Limitations on market access Limitations on national treatment Additional commitments
- Satellite-based  mobile
communications services
(75213*)(1) Subject to commercial arrangements with
Chinese Taipei licensed 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 total direct shareholding by non-
Chinese Taipei persons in a service
supplier cannot exceed 49%, and the sumof direct and indirect shareholding by non-Chinese Taipei pe rsons cannot exceed
60%.
7
- The aggregate percentage of shares held by
non-Chinese Taipei persons in Chunghwa
Telecom, including direct and indirect
investment, cannot exceed 20%.
- The percentage of shareholding by non-
Chinese Taipei persons in ChunghwaTelecom Co., Ltd., in cluding direct and
indirect shareholdi ng, 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.  The chairman of the
board shall be a national of Chinese
Taipei.
(4) Unbound except as indicated in the
horizontal section.
                                                     
7 The same as Footnote 5.TN/S/O/TPKM
Page 25Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or sub-sector Limitations on market access Limitations on national treatment Additional commitments
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.
(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 phoneservices (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.
                                                     
8 According to the Telecommunication Act of Chinese Taipei, this sector's services are provided by Type II telecommunications en terprises.
A Type II telecommunications enterprise refers to an ente rprise other than a Type I telecommunications enterprise.TN/S/O/TPKM
Page 26
Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or sub-sector Limitations on market access Limitations on national treatment Additional commitments
(B) 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. storeand forward, store andretrieve (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.
(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
                                                     
9 According to the Telecommunication Act of Chinese Taipei, this sector's services are provided by Type II telecommunications en terprises.  A Type II telecommuni cations enterprise refers to an
enterprise other than a Type I telecommunications enterprise.TN/S/O/TPKM
Page 27Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or sub-sector Limitations on market access Limitations on national treatment Additional commitments
D. Audiovisual Services
(a) Video Tape / Motion Picture
Production and DistributionServices (9611**)
 (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)  (9612)(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 televisionprograms are required to bedomestically produced.
- Cable Television: 20 % of cable
television programs are required to bedomestically produced.  The above-mentioned percentages shall becalculated on the basis of the total
number of hours of program
transmission on the activated channelsof a system operator.(1) NoneTN/S/O/TPKM
Page 28
Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or sub-sector Limitations on market access Limitations on national treatment Additional commitments
(2) None
(3)  None, except that:
- Wireless Radio and Television:  70%
of the wireless radio and televisionprograms are required to bedomestically produced.
- Cable Television: 20 % of cable
television programs are required to bedomestically produced.  The abovementioned percentages shall becalculated on the basis of the totalnumber 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, atransferee in the stock transaction ofradio 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 RelatedEngineering Services
(511-518)(1) Unbound*
(2) None(3) None(1) Unbound*
(2) None(3) None
(including dredging) (4) Unbound except as indicated in the
horizontal section.(4) Unbound except as indicated in  the
horizontal section.
4. DISTRIBUTION SERVICESTN/S/O/TPKM
Page 29Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or sub-sector Limitations on market access Limitations on national treatment Additional commitments
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 militaryequipment)(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 asdescribed in CPC 9222,9223,9224, 923,924, and 929(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.
Education Services (9222, 9223,
9224, 923, 924, 929)(1) None
(2) None(1) None
(2) None
                                                     
10 Excluding acting as an agent for collecting tuition fees and for holding classesTN/S/O/TPKM
Page 30
Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or sub-sector Limitations on market access Limitations on national treatment Additional commitments
(3) None, except that:
(a) The principal / president and chairman ofthe board should be national of ChineseTaipei.(b) The number of foreigners as directormay not exceed one third of the board and
may not exceed five directors.
(4) Unbound except as indicated in the
horizontal section.(3) None
(4) Unbound except as indicated in the
horizontal section.
6. ENVIRONMENTAL SERVICES
A. Sewage Services (9401);
Refuse Disposal Services(9402); Sanitation and SimilarServices (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 andLandscape 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.TN/S/O/TPKM
Page 31Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or sub-sector Limitations on market access Limitations on national treatment Additional commitments
7. FINANCIAL SERVICES Applications for new products
will be reviewed and
All sectors listed in financialservicesresponded to within three
months of receipt of thecompleted documentation;and applications for productsthat have already beenapproved for other financial
institutions will be reviewed
and responded to within 15days of receipt of completeddocumentation. It is theongoing intention of Chinese
Taipei to further expedite and
streamline the generalapproval procedures for newand existing products.
Insurance and InsuranceRelated Services
(a) Direct Insurance:
i. Life, accident and health
insurance (excludingcompulsory social security
services and pension
insurance currentlyreserved to the governmentunder Chinese Taipei law)(1) Unbound, except:
(a) maritime shipping and commercialaviation, with such insurance to cover any orall of the following: the goods beingtransported, the vehicle 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 financialservice suppliers are not allowed.(1) None
(2) Unbound.1. All rate formulas,
policy clauses, insurance
application forms and other
relevant materials prescribedby the Ministry of Finance(MOF) and amendments tosuch items may be filed withMOF for recordation prior to
their use and may be used
thereafter unless MOFdisapproves within 15 daysafter receipt in the case ofproducts that have alreadybeen approved for other
financial institutions; and
within 90 days after receipt inthe case of new products.TN/S/O/TPKM
Page 32
Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or sub-sector Limitations on market access Limitations on national 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 ofa foreign mutual insurance company takesthe form of a branch, the parent company ofsuch 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 beissued in English language,but a translation of the policyinto the Chinese languagemust 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 shipping and commercial
aviation, with such insurance to cover any orall of the following: the goods beingtransported, the vehicle transporting thegoods and any liability arising therefrom;and
(b) goods in international transit.(1) Unbound.TN/S/O/TPKM
Page 33Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or sub-sector Limitations on market access Limitations on national treatment Additional commitments
(2) Unbound
(3) Except marine adjusters, all foreign agents,
brokers, and adjusters who have set upbranch offices in Chinese Taipei mustemploy at least one individual who hassecured a Chinese Taipei's agent, broker, or
adjuster licence.
(4) Unbound except as indicated in the
horizontal section. In addition, one who hasobtained an agent, broker, and adjusterqualification certificate may not practicebusiness 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 andconsultancy 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 ofChinese Taipei by non-resident financialservices providers is prohibited ; 2-financial
services consumed abroad have to be
permitted in the jurisdiction where they areconsumed.(2) None of foreign currency deposit
accounts abroad and thetransfer of funds to theseaccounts pursuant to the
prudential regulations of
competent authorities ofChinese Taipei.TN/S/O/TPKM
Page 34
Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or sub-sector Limitations on market access Limitations on national treatment Additional commitments
(3)  None, except that
(a) Provision of banking services, listed  inthis sub-sector, through the commercialpresence in Chinese Taipei shall be limitedto the establishment of the followinginstitutions:  commercial banks,  branches of
foreign banks, offshore banking branches of
banks, foreign exchange  brokerage firms,credit card institutions and bills financecompanies.(b) The following financial institutionsincorporated in Chinese Taipei shall be
Companies Limited by Shares: banks, bills
finance companies and foreign exchangebrokerage 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 relatedto the shareholder hold shares in excess of15% in the aggregate, unless the approval ofthe MOF has been obtained.(3) None Specifically, this means that
Chinese Taipei residents arepermitted to seek informationfrom the local branch offoreign banks on openingaccounts abroad.  The local
branch of the foreign banks
are allowed to provideinformation upon request,including application formsand to provide information onfilling out such forms.
The application forms have to
be sent directly by thecustomer to the parent bankoutside Chinese Taipei forprocessing and approval.  Theforeign bank is not permitted
to solicit such business
through any channels,including advertisingpromotion or the posting ofinformation in Chinese Taipei
(d) Branches of Foreign Banks:
A foreign bank may apply to establish its
first branch in Chinese Taipei when it meetsthe prior-business-activity test, or rankamong the top five hundred banks in theworld by assets or capital.TN/S/O/TPKM
Page 35Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or sub-sector Limitations on market access Limitations on national treatment Additional commitments
The prior-business-activity test requires that
a foreign bank should have a total businessvolume of at least US$1 billion with thebanks and major enterprises of ChineseTaipei 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 branchmay not conduct transaction or
exchange business between Foreign
currencies and New Taiwan dollars,and also may not engage in directinvestment in company stocks or realestate.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 orforeign financial institution is limitedto 10% of the ownership share.
ii. investment by each domestic  or
foreign party other than  financialinstitutions is limited to 20% of theownership share.TN/S/O/TPKM
Page 36
Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or sub-sector Limitations on market access Limitations on national treatment Additional commitments
The investment by money brokerage firms is
exempt from the above-mentionedrestrictions.
(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 foreignexchange deposits may not:(a) accept foreign currency 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 of25% of the net worth of their head office;
and per client New Taiwan dollar credit
extension limit of 10% of the total balanceof New Taiwan dollars credit extension orone billion New Taiwan dollars, whicheveris higher.
(b) Foreign currency financing is only
available  when there are underlyingtransactions .
(c) The borrowers of foreign currency loans
are limited to domestic enterprises and
individuals.  Foreign currency loans, exceptfor post -export loans,  are not allowed to beconverted into New Taiwan dollars.(3) NoneTN/S/O/TPKM
Page 37Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or sub-sector Limitations on market access Limitations on national treatment Additional commitments
(c) Financial leasing (3) None (3) None
(d) Payment and money
transmission services(3) None (3) None
(e) Guarantees and
commitments(3) Foreign banks are subject to per client
foreign currency credit extension limit of25% 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 orone billion New Taiwan dollars, whicheveris 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 inthe following instruments:
- Money market instruments
- Foreign exchang- Bullion- Derivative products not traded
on the exchange  andexempted from the Futures
Trading Law by the Ministry
of Finance or the CentralBank,  such as currencyoptions, interest rate options,FX swaps, cross currency
swaps, interest rate swaps,
forward rate agreements andmargin trading(3) Forward exchange business  is available
when there are underlying transactions.Branches of  banks are not allowed to trade
for own account  in corporate stocks.(3) NoneTN/S/O/TPKM
Page 38
Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or sub-sector Limitations on market access Limitations on national treatment Additional commitments
(g) Participation in the issue of
short-term bills(3) None (3) None
(h)  Money broking (3) Foreign exchange brokerage firms are not
allowed to engage in broking business ofNew Taiwan dollar money market.(3) None
(i)  Trust service (3) Banks are not allowed to receive trust fund
of which the principal or interest isguaranteed(3) None
(k) Provision and transfer   of
financial information,  andfinancial data  processing andrelated software by suppliersof 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  followinginstruments:
- derivative products subject to
the Futures Trading Law,
including, but not limited to,
futures and options
11(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 products are subject to the Futures Trading Law except otherwise exempted by the rele vant competent authorities, i.e. the Ministry of Finance and the
Central Bank, as provided for in the said Law.TN/S/O/TPKM
Page 39Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or sub-sector Limitations on market access Limitations on national treatment Additional commitments
- 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
(g) Participation in issues of all
kinds of securities (excluding
short-term bills), including
underwriting and placementas agent (whether publicly orprivately) and provision ofservices 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 portfoliomanagement, all forms ofcollective investmentmanagement, 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% exceptfor those who meet  the  qualifications asstated 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 leastNTD 65 billion of mutual fund, unit trust, orinvestment trust under management (assetsmanaged by  their 50%, or more than 50%,
holding subsidiaries included).TN/S/O/TPKM
Page 40
Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or sub-sector Limitations on market access Limitations on national treatment Additional commitments
ii. banks: ranked among top 1000 of
world banks in terms of assets or networth
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 othernegotiable instruments(1) Unbound except that domestic securities
issuers may make settlement and clearancethrough Euroclear,  CEDEL or DTC(Depository Trust Company).
(2) None(3) None except that:
(a) Only securities exchanges and the
securities depository enterprises entrusted bythe securities exchanges can providesecurities settlement and clearing services.(b) Securities depository enterprises: Onlyone 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.
                                                     
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.TN/S/O/TPKM
Page 41Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or sub-sector Limitations on market access Limitations on national treatment Additional commitments
(k) Provision and transfer of
financial information, andfinancial data processing andrelated software by providersof 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.
(l) Services  provided by the
securities consulting
enterprises in the following
categories: a. acceptingassignment of providing forresearches, analyses andadvice relating to securities
investments; b. issuing
publications relating tosecurities investments;c. hosting seminars relating tosecurities investments; and d.providing other services
relating to securities
investments which have beenapproved by the SFC),intermediation and otherauxiliary 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 directorsshould not exceed one third of total
directors;(1) None
(2) None(3) None
                                                     
13 Note for Transparency: Non-profit institutions are permitte d to purchase and consume services from for-profit entities.TN/S/O/TPKM
Page 42
Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or sub-sector Limitations on market access Limitations on national treatment Additional commitments
(b) more than one third of total directors
should be medical professionals.
(4) Medical services should be provided by
persons with medical licenses issued byChinese Taipei.(4) Medical services should be provided by
persons with medical licenses issued byChinese Taipei
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 beverageserving 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 beverageserving 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.TN/S/O/TPKM
Page 43Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or sub-sector Limitations on market access Limitations on national treatment Additional commitments
B. Travel Agencies and Tour
Operators Services (7471)(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. Tourist Guides Services (7472) (1) Unbound.
(2) None
(3) Unbound except such services can only be
provided by a travel agency or a touroperator.
(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 thealien resident certificate and has residedin Chinese Taipei for more than sixmonths.TN/S/O/TPKM
Page 44
Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or sub-sector Limitations on market access Limitations on national treatment Additional commitments
10. RECREATIONAL, CULTURAL AND SPORTING SERVIC ES (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, residencein Chinese Taipei is required for a
publisher and an editor.
D. Sporting and Other
Recreational Services (limitedto 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.TN/S/O/TPKM
Page 45Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or sub-sector Limitations on market access Limitations on national treatment Additional commitments
11. TRANSPORT SERVICES
A. Maritime Transport  Services
－International Transport
(freight and passengers)(CPC7211 and 7212 less cabotage
transport)(1)(a)Liner Shipping ：None
  (b)Tramp, and other international shipping,
including passenger transportation: None
(2) None(3)(a)Establishment of registered company for
the purpose of operati ng a fleet under the
nation flag of Chin ese Taipei: Unbound
(b)Other forms of commercial presence for
the supply of international maritimetransport service: None
(4)(a)Ships’ crew ：Unbound
  (b)Key personnel employed in relation to a
commercial presence as defined under
mode 3b) above ：None, except as
indicated in horizontal section.(1) (a) None
(b) None
(2) None
(3) (a) Unbound
(b) None
(4) (a) None
(b) NoneThe following services at the
port are made available to
international maritimetransport suppliers onreasonable and non-discriminatory terms and
conditions ：
1. Pilotage
2. Towing and tug assistance
3. Provisioning, fuelling, and
watering
4.Garbage collecting and
ballast
waste disposal
5. Port Captain’s service
6. Navigation aids
7.Shore-based operational
services essential to shipoperations, includingcommunication, water,and electrical supplies
8. Emergency repair
facilities
9. Anchorage, berth andberthing services
---International rental of vesselwith crew (less cabotage and
offshore)(1) None
(2) None
(3) None
(4) Unbound expect as indicated in
horizontal section(1) None
(2) None
(3) None
(4) Unbound expect as indicated in
horizontal sectionTN/S/O/TPKM
Page 46
Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or sub-sector Limitations on market access Limitations on national treatment Additional commitments
Maritime Auxiliary Services
－(Maritime) Freight forwarding
services(1) None
(2) None(3) None(4) Unbound expect as indicated in
horizontal section(1) None
(2) None(3) None(4) Unbound expect as indicated in
horizontal section
---Maritime Agency Services (1) None
(2) None
(3) None
(4) Unbound expect as indicated in
horizontal section(1) None
(2) None
(3) None
(4) Unbound expect as indicated in
horizontal section
---Container Station and Depot
Services(1) Unbound*
(2) None
(3) None
(4) Unbound expect as indicated in
horizontal section(1) Unbound*
(2) None
(3) None(4) Unbound expect as indicated in
horizontal section
--Customs Clearance Services (1) Unbound*
(2) None
(3) None(4) Unbound expect as indicated in
horizontal section(1) Unbound*
(2) None
(3) None(4) Unbound expect as indicated in
horizontal section
---Pre-shipment inspection (1) None
(2) None(3) None(4) Unbound expect as indicated in
horizontal section(1) None
(2) None
(3) None(4) Unbound expect as indicated in
horizontal sectionTN/S/O/TPKM
Page 47Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or sub-sector Limitations on market access Limitations on national treatment Additional commitments
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.TN/S/O/TPKM
Page 48
Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or sub-sector Limitations on market access Limitations on national 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 truckingservices and containertrucking services), excludingregular 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.TN/S/O/TPKM
Page 49Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or sub-sector Limitations on market access Limitations on national treatment Additional commitments
H.  Services Auxiliary to All
Modes of Transport
(a) Cargo Handling Services
(excluding ramping servicesprovided 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 anddelivery) (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.TN/S/O/TPKM
Page 50
MFN EXEMPTIONS LIST OF
THE SEPARATE CUSTOMS TERRITORY OF TAIWAN, PENGHU, KINMEN AND MATSU
Sector or sub-sector Description of measure indicating its
inconsistency with Article IICountries to which the
measure appliesIntended
durationConditions creating the need for
the exemption
 ALL SECTORS Acquiring the Rights and Interests in Lands
Non-Chinese Taipei natural and juridical persons
are permitted to lease or purchase land fo r
offices, residences, shops and factories, churches,schools of the expatriates, chancellery, facilitiesof non-profit organisations and graveyard on a
reciprocal basis.All countries. Indefinite. Reciprocity.
Supporting and Auxiliar y
Air Transport Services
ramping services provided
in airports (741**)
other supporting services
for air transport (7469**)Foreign air carriers granted under bilateral ai r
services agreement may self-handle their ow n
cargo-handling services.
Foreign air carriers granted under bilateral ai r
services agreement may self- handle their aircraf t
cleaning, disinfecting and towing services.All countries.
All countries.Indefinite.
Indefinite.Bilateral air services agreement.
Bilateral air services agreement.TN/S/O/TPKM
Page 51
ANNEX
REFERENCE PAPER
Scope
The following are definitions and principles 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 materially 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 the 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 competitors with anti-competitive results; and(c) not making available to other services suppliers on a timely basis technical
information about essential facilities and commercially relevant information which
are necessary for them to provide services.TN/S/O/TPKM
Page 52
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 supplier, where specific commitments are
undertaken.
2.2 Interconnection to be ensured
Interconnection with a major supplier will be ensured at any technically feasible point in the
network.  Such interconnection is provided.
(a) under non-discriminatory terms, conditions (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 service 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 transparent, 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 network 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 procedures 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 publicly 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, conditions and rates for interconnection within
a reasonable period of time, to the extent that these have not been established previously.TN/S/O/TPKM
Page 53
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 neutral 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 conditions of individual licenses.The reasons for the denial of a license will be made known to the applicant upon request.
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 beimpartial with respect to all market participants.
6. Allocation and use of scarce resources
Any procedures for the allocation and use of scarce 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.
__________