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                              November 23, 2022

       Alice H. Chang
       Chief Executive Officer
       Perfect Corp.
       14F, No. 98 Minquan Road
       Xindian District
       New Taipei City 231
       Taiwan

                                                        Re: Perfect Corp.
                                                            Registration
Statement on Form F-1
                                                            Filed October 28,
2022
                                                            File No. 333-268057

       Dear Alice H. Chang:

              We have limited our review of your registration statement to
those issues we have
       addressed in our comments. In some of our comments, we may ask you to
provide us with
       information so we may better understand your disclosure.

              Please respond to this letter by amending your registration
statement and providing the
       requested information. If you do not believe our comments apply to your
facts and
       circumstances or do not believe an amendment is appropriate, please tell
us why in your
       response.

              After reviewing any amendment to your registration statement and
the information you
       provide in response to these comments, we may have additional comments.

       Registration Statement on Form F-1 Filed October 28, 2022

       Cover Page

   1.                                                   For each of the shares
and warrants being registered for resale, disclose the price that each
                                                        selling securityholder
or group of selling securityholders paid for such shares and
                                                        warrants. Highlight any
differences in the current trading price, the prices at which the
                                                        selling securityholders
acquired their shares and warrants, and the price that the public
                                                        securityholders
acquired their shares and warrants. Disclose that while the selling
                                                        securityholders may
experience a positive rate of return based on the current trading price,
                                                        the public
securityholders may not experience a similar rate of return on the securities
                                                        they purchased due to
differences in the purchase prices and the current trading price.
 Alice H. Chang
FirstName  LastNameAlice H. Chang
Perfect Corp.
Comapany 23,
November   NamePerfect
               2022     Corp.
November
Page 2     23, 2022 Page 2
FirstName LastName
         Please also disclose the potential profit the selling securityholders
will earn based on the
         current trading price. Additionally, please include disclosure
addressing the related risks.
2.       Revise your cover page to identify your controlling shareholder and
discuss the dual class
         voting structure of your common stock. Disclose the controlling
shareholder's total voting
         power and cross-reference a longer discussion of the effects of your
status as a "controlled
         company."
3.       Disclose the exercise prices of the warrants compared to the market
price of the
         underlying security. If the warrants are out the money, please
disclose the likelihood that
         warrant holders will not exercise their warrants. Provide similar
disclosure in the
         prospectus summary, risk factors, MD&A and use of proceeds section and
disclose that
         cash proceeds associated with the exercises of the warrants are
dependent on the stock
         price. As applicable, describe the impact on your liquidity and update
the discussion on
         the ability of your company to fund your operations on a prospective
basis with your
         current cash on hand.
4.       We note the Form 8-K filed by Provident on October 28, 2022,
indicating the significant
         number of redemptions of your Class A ordinary shares in connection
with your business
         combination. Include disclosure about the number of redemptions in
your registration
         statement and address the fact that such redemptions significantly
reduced the gross
         proceeds to the Company from the business combination and will also
impact the liquidity
         of your securities. Disclose on your cover page that the shares being
registered for resale
         will constitute a considerable percentage of your public float. We
also note that many of
         the shares being registered for resale were purchased by the selling
securityholders for
         prices considerably below the current market price of the Class A
ordinary shares.
         Highlight the significant negative impact sales of shares on this
registration statement
         could have on the public trading price of your Class A ordinary
shares.
5.       Disclose on your cover page that you have operations and generate
revenue in
         the People   s Republic of China (the "PRC") and, as a result, face
certain legal risks and
         uncertainties relating to the laws and regulations of the PRC. Note
the consequences of
         any penalties, proceedings or actions that may disrupt your business
operations and
         materially and adversely affect your reputation, business, financial
condition and results of
         operations and may cause the value of your securities to significantly
decline or become
         worthless. Include a cross-reference to the discussion of these risks
in your prospectus.
Risk Factors
Sales of a substantial number of our securities in the public market by our
existing
securityholders could cause the price of our. . ., page 42

6.       You state that sales of a substantial number of your securities in the
public market by your
         existing securityholders "could" depress the price of your securities.
Update this risk
         factor, including the caption, to reflect that your registration
statement is facilitating such
         sales and that you are registering a substantial amount of your
outstanding securities for
 Alice H. Chang
Perfect Corp.
November 23, 2022
Page 3
         resale. Further, revise your risk factor disclosure to highlight the
negative pressure
         potential sales of shares pursuant to this registration statement
could have on the public
         trading price of the Class A ordinary shares. To illustrate this risk,
disclose the purchase
         price of the securities being registered for resale and the percentage
that these shares
         currently represent of the total number of shares outstanding. Also
disclose that even
         though the current trading price is below the SPAC IPO price, the
private investors have
         an incentive to sell because they will still profit on sales because
of the lower price at
         which they purchased their shares as compared to the public investors.
Company Overview, page 115

7.       In light of the significant number of redemptions and the unlikelihood
that the company
         will receive significant proceeds from exercises of the warrants
because of the disparity
         between the exercise price of the warrants and the current trading
price of the Class A
         ordinary shares, expand your discussion of capital resources to
address any changes in the
         company   s liquidity position since the business combination. If the
company is likely to
         have to seek additional capital, discuss the effect of this offering
on the company   s ability
         to raise additional capital.
Management's Discussion and Analysis of Financial Condition and Results of
Operations, page
115

8.       We note that the projected revenues for 2022 were $60.7 million, as
set forth in the
         unaudited prospective financial information management prepared and
provided to the
         board of Provident in connection with the evaluation of the Business
Combination. We
         also note that your actual revenues for the Six Months Ended June 30,
2022 were
         approximately $23.4 million. It appears that there is a possibility
you will miss your 2022
         revenue projection. Please update your disclosure in Liquidity and
Capital Resources, and
         elsewhere, to provide updated information about the company   s
financial position and
         further risks to the business operations and liquidity in light of
these circumstances.
Selling Securityholders, page 150

9.     Please identify any selling stockholder that is a registered
broker-dealer or an affiliate of a
       broker-dealer. Please note that a registration statement registering the
resale of shares
       being offered by a broker-dealer must identify the broker-dealer as an
underwriter if the
       shares were not issued as underwriting compensation. For a selling
stockholder that is an
       affiliate of a broker-dealer, your prospectus must state, if true, that:
(1) the seller
       purchased the securities in the ordinary course of business; and (2) at
the time of purchase
       of the securities you are registering for resale, the seller had no
agreements or
FirstName LastNameAlice H. Chang
       understandings, directly or indirectly, with any person, to distribute
the securities. If you
Comapany    NamePerfect
       are unable   to makeCorp.
                              these statements in the prospectus, please
disclose that the selling
       stockholder    is
November 23, 2022 Page 3 an underwriter.
FirstName LastName
 Alice H. Chang
FirstName  LastNameAlice H. Chang
Perfect Corp.
Comapany 23,
November   NamePerfect
               2022     Corp.
November
Page 4     23, 2022 Page 4
FirstName LastName
Exhibits

10.      We note that counsel's legal opinion filed as Exhibit 5.1 opines with
respect to
         the 38,850,406 shares of Class A ordinary shares and 9,350,000 shares
issuable upon
         exercises of the warrants. Please have counsel revise its legal
opinion to include
         the 2,750,000 Class A ordinary shares issuable upon exercises of
Perfect Forward
         Purchase Warrants that you are registering or advise.
        We remind you that the company and its management are responsible for
the accuracy
and adequacy of their disclosures, notwithstanding any review, comments, action
or absence of
action by the staff.

       Refer to Rules 460 and 461 regarding requests for acceleration. Please
allow adequate
time for us to review any amendment prior to the requested effective date of
the registration
statement.

      Please contact Patrick Faller, Staff Attorney, at (202) 551-4438 or
Joshua Shainess, Legal
Branch Chief, at (202) 551-7951 with any questions.



                                                             Sincerely,

                                                             Division of
Corporation Finance
                                                             Office of
Technology
cc:      Joon Seok Hong