Company: FSTWF
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-044386
Chunk: 59

Company: FST Corp.
Filing Date: 2025-05-15
Form: 20-F
Item: Item 4
Chunk 59
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639659         2022/10/20       2023/4/11       進料裝置 Material-feeding device      2023/04/11 – 2032/10/19  
    2      M639660         2022/10/20       2023/4/11       出料裝置 Discharging apparatus        2023/04/11 – 2032/10/19  
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────

Government Regulation

The Company is subject to various
Taiwanese and Japanese laws and regulations as well as U. S. federal and state laws. Many of these laws and regulations are still
evolving and being tested in courts and could be interpreted in manners that could harm the Company’s business.

General Regulations Applicable to the Company’s
Business

Regulations on Company Establishment

The establishment, operation
and management of companies in Taiwan is governed by the Taiwan Company Act, which was latest amended on December 29, 2021. There
are four types of companies in Taiwan: unlimited company, unlimited company with limited liability shareholders, limited company and company
limited by shares. Unlimited company and unlimited company with limited liability shareholders are rarely used in practice; a company
limited by shares is the most common form of business undertaken for foreign investors in Taiwan. The Taiwan Company Act applies to both
Taiwan domestic companies and foreign-invested companies, unless otherwise provided in the relevant foreign investment laws and regulations.

The Company is a company limited
by shares, and the Company has been current with its corporate filings with the Administration of Commerce, Ministry of Economic Affairs,
Taiwan.

Regulations on Foreign Investment

The principal regulations governing
foreign investments in Taiwan are the Statute for Investment by Foreign Nationals, the Regulations for Verification of Investment by Overseas
Chinese and Foreign Nationals, and the Regulations Governing Investment in Securities by Overseas Chinese and Foreign Nationals. In order
to efficiently provide services and manage foreign investments, Taiwan government has specifically established the Taiwan DIR.

All investments made by foreign
nationals within the territory of Taiwan must comply with the provisions of the Statute for Investment by Foreign Nationals and receive
permission from the Taiwan DIR. According to the administrative ordinance “ Negative List for Investment by Overseas Chinese and
Foreign Nationals” issued by the Taiwan DIR, Taiwan maintains a negative list of industries closed to foreign investment because
the authorities assert relate to national security