ENFORCEMENT RULES OF THE FOREIGN INVESTMENT PROMOTION ACT
Ordinance Of the Trade, Industry and Energy No. 50, Nov. 17, 1998
Amended by Ordinance Of the Trade, Industry and Energy No. 54, Dec. 10, 1998
Ordinance Of the Trade, Industry and Energy No. 57, May 29, 1999
Ordinance Of the Trade, Industry and Energy No. 120, Mar. 10, 2001
Ordinance Of the Trade, Industry and Energy No. 149, Jan. 2, 2002
Ordinance Of the Trade, Industry and Energy No. 128, Aug. 17, 2002
Ordinance Of the Trade, Industry and Energy No. 207, Jul. 19, 2003
Ordinance Of the Trade, Industry and Energy No. 231, Apr. 20, 2004
Ordinance Of the Trade, Industry and Energy No. 254, Feb. 2, 2005
Ordinance Of the Trade, Industry and Energy No. 269, Apr. 8, 2005
Ordinance Of the Trade, Industry and Energy No. 369, Oct. 4, 2006
Ordinance Of the Trade, Industry and Energy No. 427, Oct. 26, 2007
Ordinance Of the Trade, Industry and Energy No. 1, Mar. 3, 2008
Ordinance Of the Trade, Industry and Energy No. 89, Jul. 31, 2009
Ordinance Of the Trade, Industry and Energy No. 150, Oct. 6, 2010
Ordinance Of the Trade, Industry and Energy No. 207, Oct. 19, 2011
Ordinance Of the Trade, Industry and Energy No. 271, Oct. 5, 2012
Ordinance Of the Trade, Industry and Energy No. 1, Mar. 23, 2013
Ordinance Of the Trade, Industry and Energy No. 9, jun. 10, 2013
Ordinance Of the Trade, Industry and Energy No. 90, Nov. 6, 2014
Ordinance Of the Trade, Industry and Energy No. 108, Dec. 31, 2014
Ordinance Of the Trade, Industry and Energy No. 206, Aug. 2, 2016
[This Article Wholly Amended by Ordinance of the Ministry of Knowledge Economy No. 89, Jul. 31, 2009]
| Article 2 (Reporting on Foreign Investment, Applications for Permission, etc.) |
| (1) | A person who intends to report pursuant to Article 5 (1) through (3) of the Foreign Investment Promotion Act (hereinafter referred to as the "Act"), or to apply for permission prescribed in Article 6 (1) of the Act, shall submit two copies of the following report or application for permission (including a form in English), with the documents prescribed in attached Table 1 attached thereto; to the president of the Korea Trade-Investment Promotion Agency or to the head of a foreign exchange bank (hereinafter referred to as the "head of an entrusted agency"); or to the Minister of Trade, Industry and Energy (limited to applications for permission): |
| 2. | A person who intends to file a report on modifications prescribed in Article 5 (3) of the Act; or who intends to apply for permission for modifications prescribed in the latter part of Article 6 (1) of the Act: The following report or application for permission: |
| (2) | When preparing a report on foreign investment made as loans prescribed in Article 2 (1) 4 (b) of the Act, the period and amount of loans shall be calculated as follows: |
| 1. | The period of a loan shall be calculated based upon its grace period and redemption period, and the period for redemption in cases of partial redemption or interim redemption (including early redemption prescribed in Article 6 (2) of the Decree) shall be calculated by aggregating the amounts calculated by multiplying the redemption period of each partial payment or interim payment by the ratio of the relevant redemption amount to the total amount of the loan; |
| 2. | Where a report on modifications prescribed in paragraph (1) 2 (b), is filed, the amount of a loan shall be calculated by deducting the amount redeemed from the month following the month in which the date of redemption falls. |
| 1. | The foreign investment ratio, and the amount of foreign investment; |
| 2. | The trade name or name and nationality of a foreign investor; |
| 3. | The trade name or name and address of a foreign-capital-invested company; |
| 4. | The business currently operated or to be operated by a foreign-capital-invested company; |
| 5. | The transferor of stocks or shares (hereinafter referred to as "stocks, etc.") (limited to where the existing stocks, etc. referred to in Article 2 (1) 4 (a) (ii) of the Act, are acquired); |
| 8. | Changes of entries in a report on foreign investment or an application for permission, or details in an application for registration of a foreign-capital-invested company. |
[This Article Wholly Amended by Ordinance of the Ministry of Trade, Industry and Energy No. 206, Aug. 2, 2016, Aug. 2, 2016]
| Articles 3 through 5 Omitted. <by Ordinance of the Ministry of Trade, Industry and Energy No. 206, Aug. 2, 2016> |
| Article 6 (Temporarily Exceptional Period of Sustainment of Minimum Foreign Investment Ratio) |
"Period prescribed by Ordinance of the Ministry of Trade, Industry and Energy" in the main sentence of Article 13 (2) of the Act means six months from the initial date of failure to satisfy the minimum foreign investment ratio. [This Article Newly Inserted by Ordinance of the Ministry of Trade, Industry and Energy No. 9, Jun. 10, 2013]
| Articles 7 and 8 Deleted. <by Ordinance of the Ministry of Commerce, Industry and Energy No. 57, May 29, 1999> |
| Article 9 (Applications for Exemption or Reduction of Rental Fees for Stated-Owned Property) |
A person who intends to be granted an exemption or reduction of a rental fee for State-owned land, etc. under Article 19 (9) of the Decree shall submit two copies of an application in attached Form 11, together with the following documents, to the head of an administrative agency in charge of managing State-owned property: <Amended by Ordinance of the Ministry of Trade, Industry and Energy No. 9, Jun. 10, 2013> | 1. | One copy of a document verifying that he/she engages in business subject to an exemption or reduction of a rental fee under Article 13 (7) or (8) of the Act; |
| 2. | One copy of a rental contract on land, etc. |
[This Article Wholly Amended by Ordinance of the Ministry of Knowledge Economy No. 89, Jul. 31, 2009]
| Article 9-2 Deleted. <by Ordinance of the Ministry of Trade, Industry and Energy No. 90, Nov. 6, 2014> |
| Article 9-3 (Standards, etc. for Local Headquarters) |
| (1) | A local headquarters referred to in Article 20-2 (4) 1 of the Decree, means a corporation that meets the following requirements: |
| 1. | The average turnover of its parent company over the preceding five years, shall be at least three trillion won: Provided, That this shall not apply where the Foreign Investment Committee recognizes it as a leading global corporation (hereinafter referred to as a "global corporation") in consideration of its scale of assets, global market share, etc.; |
| 2. | It shall perform at least one of the following functions for at least two overseas corporations: |
| (a) | Establishing sales strategies, and supporting and coordinating sales-related activities, etc.; |
| (b) | Establishing production plans, and adjusting production items, production volume, etc.; |
| (c) | Establishing plans for procuring raw materials, etc., and selecting procurement counterparts or operating a logistics center, etc.; |
| (d) | Establishing and coordinating personnel policies, and exercising the authority over personnel affairs; |
| (e) | Establishing plans for research and development, and supporting and coordinating activities related to research and development, etc.; |
| (f) | Roles of supporting and coordinating the core functions of corporations publicly announced by the Minister of Trade, Industry and Energy; |
| 3. | It shall have at least ten full-time workers, executives, and researchers in charge of the tasks specified in each item of subparagraph 2 at its local headquarters; |
| 4. | The amount of foreign investment shall be at least 100 million won, and its parent company shall directly or indirectly own at least 50% of the total number of voting stocks issued by, or the total equity investment of, the relevant corporation. |
| (2) | A foreign investor or foreign-capital-invested company who or which intends to be designated as a local headquarters referred to in paragraph (1), shall submit a document in attached Form 11-2, together with the following documents, to the Minister of Trade, Industry and Energy: <Amended by Ordinance of the Ministry of Trade, Industry and Energy No. 206, Aug. 2, 2016> |
| 1. | One copy of published documents, such as a sales report verifying the average turnover of the parent company, etc.; |
| 2. | One copy of materials evidencing that the parent company is a global corporation, such as its financial statements, global market share, etc. (to be submitted only when the average turnover of the parent company over the preceding five years, is less than three trillion won); |
| 3. | One copy of a business plan or working plan verifying the functions of the relevant corporation; |
| 4. | One copy of the financial statements of overseas corporations under the jurisdiction of the relevant local headquarters; |
| 5. | One copy of the list of executives and employees who conduct the business affairs of the local headquarters, and its organization chart; |
| 6. | One copy of documents verifying the parent company's share in the local headquarters, such as its register of stockholders, etc. |
| (3) | Upon receipt of an application for designation of a local headquarters referred to in paragraph (2), the Minister of Trade, Industry and Energy may designate the applicant as a local headquarters after undergoing deliberation by the Foreign Investment Committee. |
| (4) | Where a corporation designated as a local headquarters pursuant to paragraph (3) fails to meet the requirements prescribed in each subparagraph of paragraph (1), the Minister of Trade, Industry and Energy may revoke its designation as a local headquarters after undergoing deliberation by the Foreign Investment Committee. |
| (5) | Matters necessary for designating a local headquarters, other than those prescribed in paragraphs (1) through (4), shall be determined and publicly announced by the Minister of Trade, Industry and Energy. |
| Article 9-4 (Applications for Funding) |
A foreigner who intends to be funded under Article 20-3 (1) of the Decree, shall submit an application in attached Form 11-3, together with the following documents, to the Minister of Trade, Industry and Energy: <Amended by Ordinance of the Ministry of Knowledge Economy No. 1, Mar. 23, 2013; Ordinance of the Ministry of Trade, Industry and Energy No. 206, Aug. 2, 2016> | 1. | An investment plan and executive summary; |
| 2. | Financial statements of the applicant (applicable only to a corporation) (where investment is increased, including financial statements of the relevant foreign-capital-invested company); |
| 3. | Details of investment funds by procurement source and document verifying the same; |
| 4. | A copy of a report on foreign investment (to be submitted only where a report has been filed); |
| 5. | If any opinion related to foreign investment, is received from a project manager, a statement of such opinion. |
| Article 10 (Handling, etc. of Civil Petitions by Foreign-Capital-Invested Companies) |
| (1) | "Application documents prescribed by Ordinance of the Ministry of Trade, Industry and Energy" referred to in Article 17 (9) of the Act, means the following documents: |
| 1. | Civil petitions to be processed in bulk as prescribed in Table 1, attached to the Act: An application in attached Form 11-4, and applications and other required documents prescribed in the relevant statutes; |
| 2. | Civil petitions to be handled individually as prescribed in Table 2 attached to the Act; Table 5 attached to the Decree; and Table 2 attached to these Rules: Applications and other required documents prescribed in the relevant statutes; |
| 3. | Civil petitions to be handled directly as prescribed in Table 3 attached to the Decree: Applications and other required documents prescribed in the relevant statutes. |
| (2) | "Permission, etc. prescribed by Ordinance of the Ministry of Trade, Industry and Energy" referred to in subparagraph 82 of Table 5 attached to the Decree, means civil petitions to be processed individually pursuant to attached Table 2. |
[This Article Wholly Amended by Ordinance of the Ministry of Trade, Industry and Energy No. 206, Aug. 2, 2016]
| Articles 11 through 15-6 Omitted. <by Ordinance of the Ministry of Trade, Industry and Energy No. 206, Aug. 2, 2016> |
| Article 16 (Criteria for Research and Development Facilities) |
| (1) | A research and development facility referred to in Article 25 (1) 4 of the Decree, means a facility meeting the following requirements for conducting research and development activities: |
| 1. | It shall have at least five researchers with a bachelor's degree and at least three years' research experience or at least a master's degree; |
| 2. | The amount of its investment for facilities for research and development, shall be at least 100 million won; |
| 3. | Foreigners shall own at least 30% of the total number of voting stocks issued by, or the total equity investment of, the relevant research and development facility or the foreign-capital-invested company which has established the relevant research and development facility. |
| (2) | A foreign investor or foreign-capital-invested company who or which intends to be designated as a research and development facility referred to in paragraph (1), shall submit a document in attached Form 16-7, together with the following documents, to the Minister of Trade, Industry and Energy: |
| 1. | Evidentiary materials regarding the number of workforce dedicated to research and development activities at the research and development facility; and one copy of the academic degree certificates and career certificates of researchers; |
| 2. | One copy of documents certifying the amount of investment for research and development facilities, such as a certificate of purchase of foreign currency, verifying the remitter; |
| 3. | One copy of documents certifying foreign investors' share in the relevant research and development facility or the foreign-capital-invested company which has established the relevant research and development facility, such as its register of stockholders, etc. |
| (3) | Upon receipt of an application for designation of a research and development facility referred to in paragraph (2), the Minister of Trade, Industry and Energy may designate the applicant as a research and development facility after undergoing deliberation by the Foreign Investment Committee. |
| (4) | Where a facility designated as a research and development facility pursuant to paragraph (3), fails to meet the requirements prescribed in each subparagraph of paragraph (1), the Minister of Trade, Industry and Energy may revoke its designation as a research and development facility after undergoing deliberation by the Foreign Investment Committee. |
| (5) | Matters necessary to designate a research and development facility, other than those prescribed in paragraphs (1) through (4), shall be determined and publicly announced by the Minister of Trade, Industry and Energy. <Amended by Ordinance of the Ministry of Trade, Industry and Energy No. 206, Aug. 2, 2016> |
[This Article Newly Inserted by Ordinance of the Ministry of Trade, Industry and Energy No. 90, Nov. 6, 2014]
| Article 16-2 Deleted. <by Ordinance of the Ministry of Trade, Industry and Energy No. 206, Aug. 2, 2016> |
| Article 17 (Applications for Registration of Foreign-Capital-Invested Company) |
| (1) | A person who intends to have a foreign-capital-invested company registered under Article 21 (1) or (2) of the Act shall submit an application (including an application in electronic form) in attached Form 17, together with following documents (including those in electronic form), to the head of an entrusted agency: <Amended by Ordinance of the Ministry of Knowledge Economy No. 150, Oct. 6, 2010; Ordinance of the Ministry of Knowledge Economy No. 271, Oct. 5, 2012; Ordinance of the Ministry of Trade, Industry and Energy No. 206, Aug. 2, 2016> |
| 1. | One copy of a certificate of purchase of foreign currency or a certificate of foreign currency deposit (in cases of an individual business entity, a certificate of receipt of payment in its trade name) whereby the remitter can be verified [applicable only to cases other than investment in kind (including cases of contribution in kind; hereinafter the same shall apply); and where a foreign investor does not directly remit or bring in the foreign currency in person, documents verifying that it has been remitted or brought in on his/her behalf shall be appended]; |
| 2. | One copy of a certificate of completion of investment in kind (to be submitted only where capital goods are invested); |
| 3. | One copy of documents certifying the consent of a company prescribed in Article 421 (2) of the Commercial Act (limited to where the liability for payment for stocks, etc. of a foreign investor who has acquired new stocks, etc. and his/her claim against the company are set off) or one copy of a report on investigation prepared by an inspector or the outcomes of appraisal conducted by an appraiser prescribed in Article 422 of the Commercial Act (limited to where stocks, bonds, or domestic real estate are invested); |
| 4. | One copy of each of the following documents of a company that intends to be registered as a foreign-capital-invested company: |
| (a) | A certificate of corporate registration (in cases of acquisition of existing stocks, etc. under Article 2 (1) 4 (a) (ii) of the Act, a stockholders' list or documents verifying the transfer and acquisition of stocks); |
| (b) | A copy of a certificate of business registration or a certificate of unique number; |
| (c) | Outlines of research projects, present status of human resources exclusively engaged in research, and a detailed statement of research facilities (to be submitted only in cases falling under Article 2 (1) 4 (c) of the Act). |
| (2) | A person who intends to alter a registration of a foreign-capital-invested company under Article 21 (3) of the Act shall indicate the changed matters in an application in attached Form 17 and submit it, together with the following documents, to the head of an entrusted agency within 30 days from the date the reason for the registration of changed matters arises: <Amended by Ordinance of the Ministry of Trade, Industry and Energy No. 206, Aug. 2, 2016> |
| 1. | A document verifying the changed details; |
| 2. | The original copy of the certificate of registration of the foreign-capital-invested company. |
| (3) | If a person who has applied for registration or altered registration under paragraph (1) or (2) meets requirements for registration, the head of an entrusted agency shall issue a certificate of registration of the foreign-capital-invested company in attached Form 18. |
[This Article Wholly Amended by Ordinance of the Ministry of Knowledge Economy No. 89, Jul. 31, 2009]
| Article 17-2 (Cancellation of Registration of Foreign-Capital-Invested Companies) |
| (1) | Where the Minister of Trade, Industry and Energy intends to cancel the registration of a foreign-capital-invested company, in accordance with Article 28 (2) of the Decree, he/she shall notify the relevant foreign-capital-invested company of such fact by serving a certificate of cancellation of its registration (including a certificate in the form of electronic document) in attached Form 18-2 (including service of the same using the information and communications network). |
| (2) | A foreign-capital-invested company in receipt of notice referred to in paragraph (1) shall return a certificate of registration of the foreign-capital-invested company prescribed in Article 17 (3), to the head of the competent entrusted agency. |
| (3) | Where a foreign-capital-invested company fails to return a certificate of registration of foreign-capital-invested company required under paragraph (2), within 30 days from the date of notice referred to in paragraph (1), the Minister of Trade, Industry and Energy shall publicly announce the cancellation of the registration of the relevant foreign-invested company. |
[This Article Wholly Amended by Ordinance of the Ministry of Trade, Industry and Energy No. 206, Aug. 2, 2016]
| Article 18 Deleted. <by Ordinance of the Ministry of Trade, Industry and Energy No. 206, Aug. 2, 2016> |
| Article 19 (Cooperation for Follow-up Management of Foreign Investment) |
| (2) | Where it is necessary for examining whether a foreign-capital-invested company has violated Article 21 (3) 2 of the Act, the Commissioner of the Korea Customs Service may have the relevant foreign-capital-invested company submit a report in attached Form 21 pursuant to Article 40 (1) 4 of the Decree. <Amended by Ordinance of the Ministry of Trade, Industry and Energy No. 206, Aug. 2, 2016> |
| (3) | Upon receipt of a report under paragraph (2), the Commissioner of the Korea Customs Service shall confirm the certificate of completion of reporting on importation of capital goods by sharing administrative information under Article 36 (1) of the Electronic Government Act: Provided, That if the applicant refuses such confirmation to be made by the competent public official, he/she shall be made to append such document. <Amended by Ordinance of the Ministry of Knowledge Economy No. 207, Oct. 19, 2011> |
[This Article Wholly Amended by Ordinance of the Ministry of Knowledge Economy No. 89, Jul. 31, 2009]
| Article 20 Deleted. <by Ordinance of the Ministry of Trade, Industry and Energy No. 206, Aug. 2, 2016> |
| Article 21 (Prohibition on Public Disclosure of Confidential Business Information Related to Foreign Investment) |
No public official who collects and prepares data, statistics, etc. related to foreign investment under Article 24 (3) of the Act shall disclose any data prescribed by the Minister of Trade, Industry and Energy as important matters related to confidential business information of a foreign-capital-invested company. <Amended by Ordinance of the Ministry of Knowledge Economy No. 1, Mar. 23, 2013> [This Article Wholly Amended by Ordinance of the Ministry of Knowledge Economy No. 89, Jul. 31, 2009]
| Article 22 Deleted. <by Ordinance of the Ministry of Trade, Industry and Energy No. 206, Aug. 2, 2016> |
| Article 23 (Applications for Examination and Confirmation of Capital Goods Introduced) |
A person who intends to apply for an examination and confirmation of a statement of goods introduced, pursuant to Article 38 (2) and (3) of the Decree, shall submit three copies of an application in attached Form 24, together with documents verifying the prices thereof, such as an affirmation document of sale of goods, to the head of an entrusted agency. <Amended by Ordinance of the Ministry of Trade, Industry and Energy No. 90, Nov. 6, 2014> [This Article Wholly Amended by Ordinance of the Ministry of Knowledge Economy No. 89, Jul. 31, 2009]
| Article 24 (Applications for Confirmation of Completion of Investment in Kind) |
| (1) | A person who intends to receive confirmation of completion of an investment in kind under Article 30 (3) of the Act shall submit two copies of an application in attached Form 25 to the Commissioner of the Korea Customs Service. |
| (2) | Upon receipt of an application under paragraph (1), the Commissioner of the Korea Customs Service shall confirm the relevant certificate of completion of importation report: Provided, That if the applicant refuses such confirmation to be made by the competent public official, he/she shall be made to append such document. <Amended by Ordinance of the Ministry of Knowledge Economy No. 207, Oct. 19, 2011> |
[This Article Wholly Amended by Ordinance of the Ministry of Knowledge Economy No. 89, Jul. 31, 2009]
| Article 25 (Re-Examination of Regulations) |
The Minister of Trade, Industry and Energy shall examine the appropriateness of the following matters every two years, counting from each of the following base date (referring to the period that ends on the day before every second anniversary from the base date) and shall take measures, such as making improvements:
| 1. | A report on foreign investment and the documents to be attached thereto prescribed in Article 2 (1) 1 (a): January 1, 2017; |
| 2. | A report on foreign investment as a long-term loan; or a report on modifications, and the documents to be attached thereto prescribed in Article 2 (1) 1 (b) and Article 2 (1) 2 (b): January 1, 2017; |
| 3. | A report on modifications of foreign investment, and the documents to be attached thereto prescribed in Article 2 (1) 2 (a): January 1, 2017. |
[This Article Wholly Amended by Ordinance of the Ministry of Trade, Industry and Energy No. 206, Aug. 2, 2016]
ADDENDA
| (1) | (Enforcement Date) These Rules shall enter into force on November 17, 1998. |
| (2) | (Repeal of other Acts and Subordinate Statutes) The Enforcement Rules of the Foreign Investment and Foreign Capital Inducement Act are hereby repealed. |
ADDENDUM <Ordinance of the Ministry of Finance and Economy No. 54, Dec. 10, 1998>
These Rules shall enter into force on the date of their promulgation.
ADDENDUM <Ordinance of the Ministry of Commerce, Industry and Energy No. 57, May 29, 1999>
These Rules shall enter into force on the date of their promulgation.
ADDENDUM <Ordinance of the Ministry of Commerce, Industry and Energy No. 120, Mar. 10, 2001>
These Rules shall enter into force on the date of their promulgation.
ADDENDUM <Ordinance of the Ministry of Commerce, Industry and Energy No. 149, Jan. 2, 2002>
These Rules shall enter into force on the date of their promulgation.
ADDENDA <Ordinance of the Ministry of Commerce, Industry and Energy No. 128, Aug. 17, 2002>
Article 1 (Enforcement Date)
These Rules shall enter into force on the date of their promulgation. (Proviso Omitted.)
Articles 2 through 5 Omitted.
ADDENDA <Ordinance of the Ministry of Commerce, Industry and Energy No. 207, Jul. 19, 2003>
Article 1 (Enforcement Date)
These Rules shall enter into force on the date of their promulgation.
Articles 2 through 7 Omitted.
ADDENDA <Ordinance of the Ministry of Commerce, Industry and Energy No. 231, Apr. 20, 2004>
Article 1 (Enforcement Date)
These Rules shall enter into force on the date of their promulgation.
Article 2 (Applicability to Reporting, etc. on Foreign Investment, etc.)
The amended provisions of Articles 2 (1) and (2), 3, 4, and 5 (2) and (3) shall begin to apply to the first person who files a report on foreign investment, application for permission, or report on acquisition of stocks, etc. after these Rules enter into force.
Article 3 (Applicability to Applications, etc. for Approval for Establishment, etc. of Factories)
The amended provisions of Articles 11 through 15 shall begin to apply to the first foreign investor or foreign-capital-invested company that files an application, etc. for approval for establishment, etc. of a factory after these Rules enter into force.
Article 4 (Applicability to Applications for Registration of Foreign-Capital-Invested Company)
The amended provisions of Article 17 shall begin to apply to the first person who files an application for registration of a foreign-capital-invested company after these Rules enter into force.
Article 5 (Applicability to Reporting on Transfer, etc. of Stocks, etc.)
The amended provisions of Article 20 shall begin to apply to the first person who reports on the transfer or reduction of stocks, etc. after these Rules enter into force.
Article 6 (Transitional Measures concerning Forms)
Forms under the former provisions as at the time these Rules enter into force may be used together with the forms under these Rules until June 30, 2004.
ADDENDUM <Ordinance of the Ministry of Commerce, Industry and Energy No. 254, Feb. 2, 2005>
These Rules shall enter into force on the date of their promulgation.
ADDENDUM <Ordinance of the Ministry of Commerce, Industry and Energy No. 269, Apr. 8, 2005>
These Rules shall enter into force on the date of their promulgation.
ADDENDUM <Ordinance of the Ministry of Commerce, Industry and Energy No. 369, Oct. 4, 2006>
These Rules shall enter into force on the date of their promulgation.
ADDENDUM <Ordinance of the Ministry of Commerce, Industry and Energy No. 427, Oct. 26, 2007>
These Rules shall enter into force on the date of their promulgation.
ADDENDA <Ordinance of the Ministry of Knowledge Economy No. 1, Mar. 3, 2008>
Article 1 (Enforcement Date)
These Rules shall enter into force on the date of their promulgation.
Articles 2 through 5 Omitted.
ADDENDA <Ordinance of the Ministry of Knowledge Economy No. 89, Jul. 31, 2009>
Article 1 (Enforcement Date)
These Rules shall enter into force on July 31, 2009.
Article 2 (Transitional Measures concerning Forms)
Forms used as at the time these Rules enter into force after being prepared under the former provisions shall continue to be used: Provided, That the columns amended by these Rules shall be updated for use.
ADDENDA <Ordinance of the Ministry of Knowledge Economy No. 150, Oct. 6, 2010>
Article 1 (Enforcement Date)
These Rules shall enter into force on October 6, 2010.
Article 2 (Transitional Measures concerning Forms)
Forms used as at the time these Rules enter into force after being prepared under the former provisions shall continue to be used: Provided, That the columns amended by these Rules shall be updated for use.
ADDENDA <Ordinance of the Ministry of Knowledge Economy No. 207, Oct. 19, 2011>
Article 1 (Enforcement Date)
These Rules shall enter into force on the date of their promulgation.
Article 2 (Transitional Measures concerning Amendment of Forms)
Forms used as at the time these Rules enter into force after being prepared under the former provisions shall continue to be used: Provided, That the columns amended by these Rules shall be updated for use.
ADDENDA <Ordinance of the Ministry of Knowledge Economy No. 271, Oct. 5, 2012>
Article 1 (Enforcement Date)
These Rules shall enter into force on the date of their promulgation.
Article 2 (Transitional Measures concerning Amendment of Forms)
Forms used as at the time these Rules enter into force after being prepared under the former provisions shall continue to be used: Provided, That the columns amended by these Rules shall be updated for use.
ADDENDA <Ordinance of the Ministry of Trade, Industry and Energy No. 1, Mar. 23, 2013>
Article 1 (Enforcement Date)
These Rules shall enter into force on the date of their promulgation. (Proviso Omitted.)
Articles 2 through 7 Omitted.
ADDENDUM <Ordinance of the Ministry of Trade, Industry and Energy No. 9, Jun. 10, 2013>
These Rules shall enter into force on the date of their promulgation: Provided, That the amended provisions of Article 6 shall enter into force on June 12, 2013.
ADDENDA <Ordinance of the Ministry of Trade, Industry and Energy No. 90, Nov. 6, 2014>
Article 1 (Enforcement Date)
These Rules shall enter into force on the date of their promulgation.
Article 2 (Applicability to Period of Report on Acquisition of Stocks, etc. by Merger, etc.)
The amended provisions of Article 4 shall apply to the acquisition of stocks, etc. prescribed in Article 7 (1) of the Act which is made after these Rules enter into force.
ADDENDUM <Ordinance of the Ministry of Trade, Industry and Energy No. 108, Dec. 31, 2014>
These Rules shall enter into force on the date of their promulgation.
ADDENDA <Ordinance of the Ministry of Trade, Industry and Energy No. 206, Aug. 2, 2016>
Article 1 (Enforcement Date)
These Rules shall enter into force on the date of their promulgation.
Article 2 (Transitional Measures concerning Forms)
Of the Forms being used under the former provisions as at the time these Rules enter into force, Forms No. 1 through 6 and Form No. 17 may be used along with the Forms applied under these Rules until December 31, 2016.