Declarations

• Once a team has registered, they must complete the competition (including participation in the Preliminary and Final Review). Withdrawal without valid reason is not permitted. If a team needs to withdraw due to special circumstances, the Organizer have the right to cancel or withhold participation certificates, finalist certificates, and any related awards, prizes, or trophies.

• The distribution of relevant prizes and awards will be based on the schedule announced by the Organizer.

• Early bird prize is restricted to participants located in Taiwan. Any additional costs incurred (such as shipping fees or handling charges) must be borne by the winner.

• The warranty period for early bird prizes is subject to the terms provided by the respective manufacturers. The Organizer and Executive bear no responsibility for any disputes arising after prize collection, including but not limited to usage, after-sales service, or warranty issues. In the event of product shortages or force majeure circumstances leading to changes in prize availability, the Organizer and Executive reserve the right to substitute the prize with an item of equivalent value. Winners may not request to exchange or designate alternative prizes.

• The award-winning teams, including those shortlisted in the Implementation Category, must sign the receipt of the award and provide a hard copy to the Executive (Address: 10622 19F., No.216, Sec. 2, Dunhua S. Rd., Taipei, Taiwan) by August 31 to facilitate prize distribution. Failure to do so will result in forfeiture of the prize money.

• Any internal disputes regarding the allocation of prize money among team members must be resolved independently by the team and are not the responsibility of the Organizer and Executive.

• Competition prize money will be awarded in New Taiwan Dollars (NTD) to the winners (or their legal guardians) and processed in accordance with the Income Tax Act of the Republic of China (Taiwan). For winners who are domestic residents, income will be reported in accordance with local tax regulations. For winners who are non-residents:

  1)If the individual has resided or stayed in Taiwan for a total of 183 days or more within the calendar year, a 10% tax will be withheld from the prize amount.

  2)If the individual has resided or stayed in Taiwan for less than 183 days within the calendar year, a 20% tax will be withheld.

• If the winner is located outside of Taiwan and does not have a New Taiwan Dollar account, the prize will be converted to U.S. Dollars and remitted accordingly. The final amount received will depend on the applicable exchange rate and banking regulations at the time of remittance. Any transaction fees or charges arising from the financial process shall be borne by the winner.

• All tax withholdings will comply with applicable regulations as stipulated by the Ministry of Finance.

• For winners located outside Taiwan, prize money will be subject to deductions for remittance fees as per the banking regulations in effect at the time. Domestic recipients in Taiwan will not incur remittance charges. Any additional financial procedures, fees, or taxes imposed by the winner’s country of residence will be the sole responsibility of the recipient.

• Winners will be notified once the prize money has been transferred. However, the timing of receipt may vary depending on international banking procedures.

• Finalist and winning teams in the Implementation Category may independently decide whether to accept the corresponding finalist or winner prizes.

• Resources, prizes, and awards related to the Sponsor Special Topic are provided by the respective proposing companies. Detailed information will be announced separately by each company.