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Commercial Act — Article 287-5 (Registration for Incorporation, etc.)

상법 제287조의5

This English translation is based on the Korean text effective 2018-12-19. The Korean law has since been amended (current version effective 2026-09-10) — check the Korean original.

(1) A limited liability company shall come into existence upon registration of the following matters at the place of its principal office:

1. The matters listed in subparagraphs 1, 2 and 5 of Article 179 and the place of a branch office, if any;

2. The matters listed in subparagraph 3 of Article 180;

3. The amount of capital;

4. The name, address and resident registration number of each manager (in the case of a corporation, referring to its business name, address and corporate registration number): Provided, That where a manager who is to represent the limited liability company has been designated, other members shall be excluded;

5. In cases where a person who is to represent the limited liability company has been designated, the name or business name and address of such person;

6. The method of public notification, if such method has been determined by the articles of incorporation;

7. Provisions pertaining to the joint representation of the limited liability company by two or more managers, if so determined.

(2) Where a limited liability company establishes a branch office, the provisions of Article 181 shall apply mutatis mutandis.

(3) Where a limited liability company transfers its principal or branch offices, the provisions of Article 182 shall apply mutatis mutandis.

(4) Where there have been changes in any of the matters listed in paragraph (1), such changes shall be registered within two weeks at the place of the principal office and within three weeks at the place of each branch office, respectively.

(5) Where there has been a provisional disposition to suspend the management of business by a manager of a limited liability company, or a representative of the manager has been appointed or where there has been any changes in or cancellation of such provisional disposition, the registration shall be made at the registry in the localities where the head and branch offices are located.[This Article Newly Inserted by Act No. 10600, Apr. 14, 2011]

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Korean original (law.go.kr) · Get articles as JSON via API

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