World Intellectual Property Organization

Democratic People's Republic of Korea

Regulations for the Implementation of the Law on Wholly Foreign-Owned Enterprises (adopted by Decision No. 60 of October 27, 2000, of the Cabinet)

Date of Text (Issued):October 27, 2000
Type of Text:Implementing Rules/Regulations
Subject Matter:Other
Notes:
Article 1 states that these regulations are intended to ensure the proper implementation of the Law of the Democratic People’s Republic of Korea on Wholly-Owned Enterprises.
Articles 14 and 18 state that a foreign investor who wishes to set up an enterprise shall submit the application for its establishment with the clear descriptions on industrial property rights and technical know-how.
Articles 32, 33 and 34 state that investor can invest in cash, industrial property right, technical know-how and that the estimated value of investment for industrial property right and technical know-how shall not exceed the amount equivalent to 2% of the registered capital.
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English

Regulations for the Implementation of the Law on Wholly Foreign-Owned Enterprises (adopted by Decision No. 60 of October 27, 2000, of the Cabinet) Regulations for the Implementation of the Law on Wholly Foreign-Owned Enterprises (adopted by Decision No. 60 of October 27, 2000, of the Cabinet), Complete document (pdf) [42 KB]

Related Legislation:
WIPO Lex No.:KP012

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