Taiwan Government change regulation of manager's work pemit

Taiwan Government has change regulation of manager’s work permit conditions.
These new regulations effect begin on 2010-Jan-29.

Old regulation:
company setup less then one year apply for manager’s work permit (included new apply and extend):no minimum capital.
company setup less then one year apply for manager’s work permit (included new apply and extend):Revenue must more than 5 times of capital.

New regulation:
company setup less than one year apply for manager’s work permit (included new apply and extend):[color=#BF0000]Capital must more than 500,000NTD.[/color]
company setup over than one year apply for manager’s work permit (included new apply and extend):[color=#BF0000]Revenue must more than 3,000,000NTD.[/color]

see article 38,39
evta.gov.tw/files/7/部分條文修正條文.pdf

Can you tell me how long the registration process for a new company takes? For instance, if i were to start a new management company I am under the impression that i would need to put nt$500 000 in the bank (as start-up capital). Is the capital frozen during the process?