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Commercial Act — Article 317 (Registration for Incorporation)

상법 제317조

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) Registration for incorporation of a stock company shall be made within two weeks from the date of completion of the procedures under Articles 299 and 300 in cases where the incorporators subscribed to the total number of shares issued at the time of incorporation, and within two weeks from the date of closing of the inaugural general meeting or from the date of completion of the procedures under Article 314 in cases where the incorporators have offered shares for subscription.

(2) For the registration under paragraph (1), the following matters shall be registered: <Amended by Act No.1212, Dec. 12, 1962; Act No. 3724, Apr. 10, 1984; Act No. 5053, Dec. 29, 1995; Act No. 6086, Dec. 31, 1999; Act No. 9362, Jan. 30, 2009; Act No. 10600, Apr. 14, 2011>

1. The matters listed in Article 289 (1) 1 through 4, 6 and 7;

2. The amount of the capital;

3. The total number and class of shares issued and outstanding, and the details and number of each class of shares;3-2. Provisions that the transfer of shares requires the approval of the board of directors, if so determined;3-3. Provisions under which stock options are granted, if so decided;3-4. The place of each branch office;

4. The period of existence or reasons for dissolution of the company, if determined;

5. Deleted; <by Act No. 10600, Apr. 14, 2011>

6. Retirement of shares out of profits to be distributed to shareholders, if so determined;

7. The matters listed in Article 347, if convertible shares are issued;

8. The names and resident registration numbers of inside directors, outside directors, other directors who are not engaged in regular business, auditors and executive directors;

9. The name, resident registration number and address of the representative director or executive directors;

10. Provisions that two or more representing directors or representative executive directors shall jointly represent the company, if so determined;

11. The trade name and the principal office of a transfer agent, if any;

12. The name and resident registration number of each auditor of the audit committee, if such committee has been set up.

(3) The matters prescribed in Article 289 (1) 1, 2, 6, 7 and (2) 4, 9 and 10 shall be registered for the registration in cases of establishing or relocating a new branch office at the place of such established or relocated branch office, as the case may be. <Amended by Act No. 5053, Dec. 29, 1995; Act No. 10600, Apr. 14, 2011>

(4) The provisions of Articles 181 through 183 shall apply mutatis mutandis to the registration of a stock company.

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