No. 19504
Promulgation Date 2023-06-20
Ministry of SMEs and Startups
ALL
CHAPTER I GENERAL PROVISIONS
Article 1 (Purpose)
Article 2 (Definitions)
Article 2-2 (Requirements for Venture Business)
Article 3 (Decision on Business Type Excluded from Venture Business)
CHAPTER II ESTABLISHMENT OF FOUNDATION FOR PROMOTION OF VENTURE BUSINESSES
Section 1 Establishment of Management System for Promotion of Venture Businesses
Article 3-2 (Establishment of Venture Business Promotion Plans)
Article 3-3 (Fact-Finding Surveys)
Article 3-4 (Establishment and Operation of Comprehensive Management System)
Section 2 Efficient Supply of Capital
Article 4 Deleted.
Article 4-2 Deleted.
Article 4-3 Deleted.
Article 4-4 Deleted.
Article 4-5 Deleted.
Article 4-6 Deleted.
Article 4-7 Deleted.
Article 4-8 Deleted.
Article 4-9 Deleted.
Article 4-10 Deleted.
Article 5 (Provision of Preferential Credit Guarantee)
Article 6 (Special Cases concerning Contributions of Intellectual Property Rights)
Article 7 Deleted.
Article 8 Deleted.
Article 9 (Special Cases concerning Restrictions on Acquisition of Stocks by Foreigners)
Article 10 Deleted.
Article 10-2 Deleted.
Article 11 Deleted.
Article 11-2 (Establishment of Companies Specializing in Start-Up of New Technology-Based Businesses)
Article 11-3 (Operation of Specialized Companies)
Article 11-4 (Preferential Provision of Funds to Specialized Companies)
Article 11-5 (Special Cases concerning Specialized Companies)
Article 11-6 (Restrictions on Activities of Specialized Companies)
Article 11-7 (Revocation of Registration of Specialized Companies)
Article 12 Deleted.
Article 13 Deleted.
Article 13-2 Deleted.
Article 13-3 Deleted.
Article 14 (Special Cases concerning Taxation)
Section 3 Facilitation of Business Activities and Smooth Supply of Manpower
Article 15 (Exchange of Stocks by Venture Businesses)
Article 15-2 (Appraisal Rights of Opposing Stockholders)
Article 15-3 (Simplification of Merger Procedures)
Article 15-4 (Stock Exchanges by Issuing New Stocks)
Article 15-5 (Appraisal Rights by Stockholders at Time of Stock Exchange by Issuing New Stocks)
Article 15-2 (1) through (3) shall apply mutatis mutandis to the appraisal right by the stockholders opposing stock exchanges under Article 15-4.
Article 15-6 (Special Cases concerning Stock Exchange)
Article 15-7 (Litigation for Invalidity of Stock Exchange)
Article 15-8 (Special Cases concerning Takeover of Business by Other Stock Companies)
Article 15-9 (Special Cases concerning Small-Scale Merger of Venture Businesses)
Article 15-10 (Special Cases concerning Short-Form Merger of Venture Businesses)
Article 15-11 (Short-Form Transfer of Business)
Article 15-12 (Provisions Applicable Mutatis Mutandis)
Article 15-13 (Designation of Supporting Centers for Merger and Acquisition of Small and Medium Venture Businesses)
Article 15-14 (Revocation of Designation as Supporting Centers)
Article 16 (Grant of Leave of Absence of Public Educational Officials)
Article 16-2 (Special Cases concerning Concurrent Posts or Offices of Public Educational Officials)
Article 16-3 (Stock Options of Venture Businesses)
Article 16-4 (Granting Stock Options of Venture Businesses)
Article 16-5 (Exercise of Stock Options)
Article 16-6 (Reporting on Stock Options)
Article 16-7 (Provision of Information to Venture Businesses)
Article 16-8 (Special Cases concerning Limited Liability Companies Which Are Venture Businesses)
Article 16-9 (Special Cases concerning Use of Industrial Property Rights)
Article 16-10 (Social Venture Businesses)
Article 16-11 (Issuance of Multiple Voting Stocks)
Article 16-12 (Conversion of Multiple Voting Stocks)
Article 16-13 (Restrictions on Voting Rights of Multiple Voting Stocks)
Article 16-14 (Reporting on Issuance of Multiple Voting Stocks)
Article 16-15 (Special Cases concerning Tender Offer and Reporting on Stocks Held in Bulk)
Article 16-16 (Recognition of and Reporting on Violations)
Section 4 Efficient Supply of Sites
Article 17 Deleted.
Article 17-2 (Designation of Areas for Clustering New Technology-Based Businesses)
Article 17-3 (Requirements for Designation of Clustering Areas)
Article 17-4 (Special Cases concerning Clustering Areas)
Article 17-5 (Guidelines for Management of Clustering Areas)
Article 17-6 (Revocation of Designation of Clustering Areas)
Article 18 (Designation of Facilities for Clustering Venture Businesses)
Article 18-2 (Special Cases concerning Laboratory Factories)
Article 18-3 (Special Cases concerning Venture Businesses and Founders Moved into Business Incubators)
Article 18-4 (Designation of Venture Business Development and Promotion Zones)
Article 18-5 (Support for Promotion Zones)
Article 19 (Sale of State or Public Properties)
Article 20 (Bearing of Installation Expenses)
Article 21 (Special Cases concerning Prohibition from Construction)
Article 22 (Exemption from Various Charges)
CHAPTER III Deleted.
Article 23 Deleted.
CHAPTER IV SUPPLEMENTARY PROVISIONS
Article 24 (Special Cases concerning Issuance of Stocks by Former Venture Businesses)
Article 25 (Confirmation as to Whether to Be Categorized as Venture Businesses or Not)
Article 25-2 (Revocation of Confirmation of Venture Businesses)
Article 25-3 (Designation of Institutions in charge of Confirming Venture Businesses)
Article 25-4 (Venture Business Confirmation Committee)
Article 25-5 (Objection against Confirmation of Venture Businesses)
Article 26 (Report)
Article 27 (Delegation or Entrustment of Authority)
Article 28 Deleted.
Article 29 (Hearings)
Article 30 Deleted.
Article 30-2 (Legal Fiction as Public Officials for Purposes of Applying of Penalty Provisions)
Article 30-3 (Procedures for Dissatisfaction)
Article 31 Deleted.
Article 31-2 (Re-Examination of Regulation)
CHAPTER V PENALTY PROVISIONS
Article 32 (Crime of False Issuance)
Article 33 (Administrative Fines)
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