Regulations Governing Application of the Place of Effective Management Article 6

Where a foreign profit-seeking enterprise having been approved or recognized by the tax authorities to be eligible under Article 43-4 of the Income Tax Act, if it fails to file for registration of its place of effective management within the prescribed time limit, the tax authorities may appoint the domestic resident or responsible person of the domestic profit-seeking enterprise making significant management decisions to act as such foreign profit-seeking enterprise's responsible person, and the appointed responsible person shall file for registration of the place of effective management based on the domestic resident's registered household, or on the domestic profit-seeking enterprise's registered place in accordance with the preceding two articles. The foreign profit-seeking enterprise and the appointed responsible person shall act in compliance with articles 7 and 8 from the date following the end of the prescribed time limit.If the responsible person appointed by the tax authorities disagrees with the appointment in the preceding paragraph, such responsible person may file an administrative appeal and administrative litigation in accordance with the law.