Any person who intends to close his/her business must report such business closure.
Reporting on business closure (notification of commencement of business and business registration)- Where any person who discontinues his/her business shall submit a report on closure to the Minister of Food and Drug Safety, the Mayor of a Special Self-Governing City, or the Governor of a Special Self-Governing Province or the head of a Si/Gun/Gu, along with a business license or a certificate of commencement of business (Article 37(3) of the Food Sanitation Act and Article 44(1) and Attached Form 42 of the Enforcement Regulations of the Food Sanitation Act).
- Any person who intends to file a report on closure who also wishes to file a declaration of closed business of business registration, he/she shall submit both reports as to the closure of a restaurant, etc. (Former part of Article 44(2) of the Enforcement Regulations of the Food Sanitation Act).
- The Minister of Food and Drug Safety, the Mayor of a Special Self-Governing City, the Governor of a Special Self-Governing Province or the head of a Si/Gun/Gu who has been submitted a report on closure shall immediately transmit (including transmissions via information and communications network) such report to the head of a tax office having jurisdiction over the business establishment without delay (Article 37(3) of the Food Sanitation Act and latter part of Article 44(2) of the Enforcement Regulations of the Food Sanitation Act).
- On the contrary, if a report on closure of a restaurant, etc. has been submitted along with a report on the closure of business registration to the head of a tax office having jurisdiction of the relevant business establishment, the head of the relevant tax office immediately transmits the reports to the Minister of Food and Drug Safety, the Mayor of a Special Self-Governing City, the Governor of a Special Self-Governing Province or the head of a Si/Gun/Gu without delay, and thus the report on closure is not required to be submitted again (Article 13(5) of the Enforcement Decree of the Value-Added Tax Act and Article 44(3) of the Enforcement Regulations of the Food Sanitation Act).
※ As the reports on closure vary according to licensing, approval, notifying, and registration procedures for each business type, please contact the registration office for further inquiries.