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2005. 1 Korea Securities Research Institute (bankbased economy). .
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The act on form establishment refers to the legal procedure and requirements for formally creating or establishing an entity, such as a business or organization, that must be submitted to relevant authorities.
Individuals or entities intending to legally establish a business or organization are required to file the act on form establishment.
To fill out the act on form establishment, one must provide necessary details such as the name of the entity, type of organization, address, objectives, and the names of the founders or directors, as per the specific instructions provided by the governing body.
The purpose of the act on form establishment is to legally recognize the entity, ensuring it is compliant with relevant laws and regulations, and to provide a formal record of its creation.
Information that must be reported typically includes the name of the entity, type of business, principal office address, purpose of the business, and details of the founders or directors.
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