Taiwan Cracks Down on Tech Businesses with Illegal Chinese Ownership
Taiwan is intensifying enforcement against Chinese-owned technology businesses operating on the island without proper authorization, according to a report from Rest of World cited by Tom's Hardware. Since 2020, authorities have launched 166 investigations and obtained at least 36 convictions under the Cross-Strait Act and related investment rules, which require Chinese entities to apply for government permits before conducting business in Taiwan. The crackdown targets companies that conceal their ownership through shell companies registered elsewhere or by using non-Chinese nationals as frontmen.
