SMALL AND MEDIUM ENTERPRISES PROMOTION ACT
ALL
CHAPTER I GENERAL PROVISIONS
Article 1 (Purpose)
Article 2 (Definitions)
CHAPTER II STRUCTURAL ADVANCEMENT OF SMALL AND MEDIUM ENTERPRISES
Article 3 (Plan for Supporting Structural Advancement)
Article 4 (Projects for Supporting Automation of Small and Medium Enterprises)
Article 5 (Projects for Supporting Inter-industry Exchange)
CHAPTER III Deleted.
Article 6 Deleted.
Article 7 Deleted.
Article 8 Deleted.
Article 9 Deleted.
Article 10 Deleted.
Article 11 Deleted.
Article 12 Deleted.
Article 13 Deleted.
Article 14 Deleted.
Article 15 Deleted.
Article 16 Deleted.
Article 17 Deleted.
Article 18 Deleted.
Article 19 Deleted.
Article 20 Deleted.
Article 21 Deleted.
Article 22 Deleted.
Article 23 Deleted.
Article 24 Deleted.
Article 25 Deleted.
Article 26 Deleted.
Article 27 Deleted.
CHAPTER IV EXPANSION OF BUSINESS SPHERE FOR SMALL AND MEDIUM ENTERPRISES
SECTION 1 Cooperative Movement Projects
Article 28 (Public Notice of Standards for Cooperative Movement among Small and Medium Enterprises)
Article 29 (Approval of Action Plans for Cooperative Movement)
Article 30 (Revocation of Approval of Action Plans for Cooperative Movement)
Article 31 (Approval of Execution Plans for Industrial Complex Development Projects)
Article 32 (Authorization of Completion of Industrial Complex Development Projects)
Article 33 (Expropriation of Land)
Article 34 (Access to Land)
Article 35 (Sale of State-owned and Public Land)
Article 36 (Application Mutatis Mutandis of Other Statutes)
SECTION 2 Collaboration Support Projects
Article 37 Deleted.
Article 38 Deleted.
Article 39 (Collaboration Support Projects)
Article 39-2 (Selection of Collaborative Enterprises and Revocation of Selection)
Article 39-3 (Designation of Dedicated Institutions)
Article 39-4 (Revocation of Designation of Dedicated Institutions)
Article 40 (Inspections of Outcomes)
SECTION 3 Projects to Support Business Site Development and Reduction of Environmental Pollution
Article 41 (Projects to Support Business Site Development)
Article 42 (Projects to Support Reduction of Environmental Pollution)
SECTION 4 Guidance and Training Programs
Article 43 (Establishment of Guidance Plan)
Article 44 (Guiding Agencies)
Article 45 (Preparation of Guidelines for Guidance)
Article 46 Deleted.
Article 46-2 Deleted.
Article 47 Deleted.
Article 48 Deleted.
Article 49 Deleted.
Article 50 Deleted.
Article 51 Deleted.
Article 52 Deleted.
Article 53 Deleted.
Article 53-2 Deleted.
Article 54 Deleted.
Article 55 (Applications for Consultation)
Article 56 (Establishment of Training Plans)
Article 57 (Training Institutions)
SECTION 5 Projects to Support Internationalization
Article 58 (Projects to Support Internationalization)
Article 59 (Aids for Relocation of Manufacturing Facilities to Overseas)
SECTION 6 Supports for Stable Business Management of Small and Medium Enterprises
Article 60 (Assistance in Business Normalization)
Article 60-2 (Operation of System to Support Management Soundness of Small and Medium Enterprises)
Article 61 (Preparation and Implementation of Emergency Aid Plan for Business Stabilization)
Article 61-2 (Opening of Account of Insurance for Trade Receivables of Small and Medium Enterprises)
Article 61-3 (Financial Resources, Purposes, and Operation of Account)
Article 61-4 (Accounting and Settlement of Accounts)
Article 61-5 (Accumulation of Liability Reserves)
Article 61-6 (Accounting of Profits and Losses)
Article 61-7 (Operating Manual)
Article 61-8 (Supervision and Orders)
Article 61-9 (Maximum Amount of Insurance for Trade Receivables of Small and Medium Enterprises)
Article 62 (Support for Traditional Crafts Industry)
SECTION 7 Support for Small and Medium Enterprises’ Family Business Succession
Article 62-2 (Support for Family Business Succession)
Article 62-3 (Designation of Centers for Supporting Small and Medium Enterprises in Family Business Succession)
Article 62-4 (Requirements for Prestigious Long-Lived Enterprises)
Article 62-5 (Certification of Prestigious Long-Lived Enterprises)
Article 62-6 (Revocation of Certification of Prestigious Long-Lived Enterprises)
SECTION 8 Corporate Social Responsibility Management of Small and Medium Enterprises
Article 62-7 (Support for Corporate Social Responsibility Management)
Article 62-8 (Formulation of Master Plans for Fostering Small and Medium Enterprises that Integrate Corporate Social Responsibility into their Business)
Article 62-9 (Designation of Support Centers for Small and Medium Enterprises that Integrate Corporate Social Responsibility into their Business)
SECTION 9 Support for Small Enterprises
Article 62-10 (Special Cases concerning Establishment of Factories by Small Enterprises)
Article 62-11 (Formulation and Implementation of Measures to Assist Small Enterprises in Obtaining Credit Guarantees)
Article 62-12 (Support for Incorporation, etc. of Stock Companies by Small Enterprises)
Article 62-13 (Support for Stable Business Management of Small Enterprises)
SECTION 10 Deleted.
Article 62-14 Deleted.
Article 62-15 Deleted.
Article 62-16 Deleted.
Article 62-17 Deleted.
Article 62-18 Deleted.
Article 62-19 Deleted.
Article 62-20 Deleted.
Article 62-21 Deleted.
Article 62-22 Deleted.
Article 62-23 Deleted.
Article 62-24 Deleted.
Article 62-25 Deleted.
Article 62-26 Deleted.
CHAPTER V FUND FOR ESTABLISHMENT AND PROMOTION OF SMALL AND MEDIUM ENTERPRISES AND STARTUPS
Article 63 (Establishment of Fund for Establishment and Promotion of Small and Medium Enterprises and Startups)
Article 64 (Raising Fund)
Article 65 (Issuance of Bonds)
Article 66 (Operation and Management of Fund)
Article 66-2 (Formulation of Draft Fund Management Plan and Settlement of Accounts of Fund)
Article 67 (Use of Fund)
CHAPTER VI KOREA SMES AND STARTUPS AGENCY
Article 68 (Establishment of the Korea SMEs and Startups Agency)
Article 69 (Establishment of Companies for Distributing Products of Small and Medium Enterprises and Venture Businesses)
Article 70 (Articles of Incorporation)
Article 71 (Operating Committee)
Article 72 (Executive Officers)
Article 73 (Board of Directors)
Article 73-2 (Restrictions on Representation by President of the Korea SMEs and Startups Agency)
Article 73-3 (Appointment of Proxy)
Article 73-4 (Prohibition against Divulging Confidential Information)
Article 74 (Business Affairs)
Article 74-2 (Mitigation of or Exemption from Joint-Guaranteed Debt)
Article 75 (Funding)
Article 76 (Burden of Expenses)
Article 76-2 (Requests for Data)
Article 77 (Budgeting and Settlement of Accounts)
Article 78 (Guidance on and Supervision of Business Affairs)
CHAPTER VII SUPPLEMENTARY PROVISIONS
Article 79 (Reporting and Inspection)
Article 79-2 (Operation of Information System on Policies for Small and Medium Enterprises)
Article 79-3 (Operation of Current Information System for Small and Medium Enterprises)
Article 80 (Tax Support)
Article 81 (Relationship to Other Statutes)
Article 82 Deleted.
Article 83 (Delegation or Entrustment of Authority)
Article 83-2 (Re-Examination of Regulation)
CHAPTER VIII PENALTY PROVISIONS
Article 84 (Penalty Provisions)
Article 85 (Joint Penalty Provisions)
Article 86 (Administrative Fines)