Pursuant to Article 459(1) of the Act, a company shall set aside capital surplus as capital reserves in accordance with the accounting standards prescribed in Article 15.
Laws › Enforcement Decree of the Commercial Act › PART III COMPANIES
Enforcement Decree of the Commercial Act — Article 18 (Extent of capital reserves to be set aside)
상법 시행령 제18조
This English translation is based on the Korean text effective 2026-07-01. The Korean law has since been amended (current version effective 2026-07-23) — check the Korean original.
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