Process for political donations：
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Open a dedicated account: A person who plan to participate in campaign and a political party and association shall open a dedicated account in a financial institution to be brought before the Control Yuan for verification. After receiving approval from the Control Yuan, said account can be used for collecting political donations. A receipt must be declared for every donation or funding received. Monetary donations must be deposited into the dedicated account within 15 days of receipt.
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Acceptance of funding: Recipient must check if the donor’s status is permissible by law. If the donation is not from a permissible source, or the recipient refuses to accept donation, the whole donation must be returned or be deposited into national treasury within the deadline for declaring accounting reports.
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Honest declaration: A political party shall declare within 5 months after each year’s end. Prospective candidates planning to participate in campaign shall declare within 3 months after the polling day.