An individual or a profit-seeking enterprise shall, by the end of January of each year during the investment period, report their investment progress for the preceding year and the invested venture capital enterprises’ or the private equity fund’s progress of investment in industries referred to in Paragraph 1 for the preceding year to the MOEA. An application for certificate of completion should be submitted to the MOEA within six months from the date of completing the investment; within six months from the date of obtaining the certificate of completion, an application for a 50% refund of tax paid under Paragraph 1 or 2 of Article 5 should be submitted to the tax authority-in-charge.