Stocks & Shares
|Sales Tax||0.3% (Sell only)|
|Trading fee||Trading fee TWD 250|
Note: All fees and charges are subject to Goods & Services Tax (GST). GST will also be applicable on related foreign fees such as stamp duty, exchange and trading fees from 1st October 2021. Fees & charges may be subject to changes without prior notice. Please click here for custodian charges. (effective 1 April 2022)
|Monthly||0.01% on month end portfolio value|
Note: Taiwan custody fee – recovery of all foreign fees is subject to GST, including Taiwan custody fee.
|Order Placement||Via your designated Trading Representative|
|Trading lot||Not fixed|
|Price||Via your designated Trading Representative|
|Minimum bid size||Share Price (TWD)||Minimum Bid Size (TWD)|
|0.01 < Price ≤ 10||0.01|
|10 < Price ≤ 50||0.05|
|50 < Price ≤ 100||0.1|
|100 < Price ≤ 500||0.5|
|500 < Price ≤ 1000||1|
|Price > 1000||5.00|
|Singapore/Taiwan Time (Mon – Fri)||09:00am – 01:30pm|
|January||Friday||01 January||New Year’s Day||No||No|
|February||Monday||8 February||No Trading||Yes||No|
|Tuesday||9 February||No Trading||Yes||No|
|Wednesday||10 February||Adjusted Holiday||No||No|
|Thursday||11 February||Chinese New Year Eve||No||No|
|Friday||12 February||Lunar New Year||No||No|
|Monday||15 February||Lunar New Year||No||No|
|Tuesday||16 February||Lunar New Year||No||No|
|March||Monday||1 March||Peace Day Obs||No||No|
|April||Monday||05 April||Tomb Sweeping Day||No||No|
|Tuesday||06 April||Children’s Day Obs||No||No|
|June||Monday||14 June||Dragon Boat Day||No||No|
|September||Tuesday||21 September||Mid-Autumn Festival||No||No|
|October||Monday||11 October||Adjusted Holiday||No||No|
|December||Friday||31 December||New Year’s Day Obs||No||No|
Information is correct at time of posting.
According to Article 10 of Taiwan’s “Regulations Governing Investment in Securities by Overseas Chinese and Foreign Nationals”, offshore foreign institutional investors (“FINI”) (i.e. institutions incorporated outside the territory of Taiwan) investing in securities listed on the Taiwan Stock Exchange (“TWSE”) and/or the Taipei Exchange (‘Taiwanese Products”) must register with the TWSE. Phillip Securities Pte Ltd (“PSPL”) has been instructed by the regulatory body in Taiwan to ensure that:
(i) Mainland Chinese and Taiwanese nationals do not invest in any investment products listed on the aforementioned exchanges via our FINI license;
(ii) Funds remitted to the FINI to invest in Taiwanese investment products do not come from Mainland Chinese or Taiwanese sources, and
(iii) No single beneficiary owner holds 10% or higher of a single investment product’s issued share capital (“10% Rule”), such as 10% or more of a listed company’s share capital.
With effect from 18 November 2016, clients are required to acknowledge a Letter of Undertaking before they are able to trade in any securities listed on the TWSE; if they fail to do so, they are not allowed to purchase any Taiwan shares but will be allowed to liquidate their holdings.
Kindly contact your Trading representatives if you have any enquiries. The Letter of Undertaking can be obtained from your Trading Representatives.