(1) Upon receipt of an application for registration of alteration filed by a foreign investor or foreign-invested company pursuant to Article 21 (3) in relation to the transfer or reduction of stocks, etc., the Minister of Trade, Industry and Energy shall notify the details of the application to the Commissioner of the National Tax Service, the Commissioner of the Korea Customs Service, and a Mayor/Do Governor without delay.
(2) The Minister of Trade, Industry and Energy may request the Commissioner of the National Tax Service and the head of a regional tax office to provide information on whether a foreign-invested company registered under Article 21 has closed its business and the date of business closure among the business registration information pursuant to Article 8 of the Value-Added Tax Act.
(3) Upon receipt of a request from the Minister of Trade, Industry and Energy under paragraph (2), the Commissioner of the National Tax Service and the head of a regional tax office shall provide the relevant information for the Minister of Trade, Industry and Energy without delay.
(4) The Commissioner of the National Tax Service shall investigate whether a foreign-invested company has violated Article 21 (5) or (6) with respect to the business affairs under his/her jurisdiction, and notify the results thereof to the Minister of Trade, Industry and Energy, as prescribed by Decree of the Ministry of Trade, Industry and Energy.[This Article Wholly Amended on Jan. 27, 2016]