Regulations Governing Application of the Place of Effective Management Article 11

In the case of a foreign profit-seeking enterprise under Article 43-4 of the Income Tax Act, if there is any change in registration of its place of effective management, or the foreign profit-seeking enterprise is dissolved, abolished, merged, or transferred, the foreign profit-seeking enterprise shall, within 15 days following the occurrence of the change or cause, file an application together with the evidential documents to the tax authorities of its registered place of effective management for the change or cancellation of registration.Where the foreign profit-seeking enterprise in the preceding paragraph is dissolved, abolished, merged, or transferred, or is confirmed by the tax authorities to be ineligible under Article 43-4 of the Income Tax Act, it shall make a final report and liquidation report for the current period pursuant to Article 75 of the Income Tax Act.