The Company Act was recently amended to allow electronic voting as one of the methods for casting votes at shareholders meetings (Article 177-1). However, the same Article also provides that a company meeting the criteria to be set by the authorities in charge of securities matters, such as its size, number of shareholders, or structure, must adopt electronic voting as one of the methods for casting votes at shareholders meetings.

According to an order issued by the Financial Supervisory Commission on 20 February 2012, a TWSE or OTC listed company with a paid-in capital of NT$10 billion or more and having 10,000 or more shareholders on its shareholders roster as of its last suspension of share transfer registration should adopt electronic voting as one of the methods for casting votes at its shareholders meetings.