KR_4969 (CDQ)
DataModel:CDQ/Business Partner/Legal Form/KR 4969
| Property | Value |
|---|---|
| A technical identifier, unique in a certain context. Technical key | KR_4969
|
| The country a linked concept is active or generally relevant for. Country scope | KR (South Korea) |
| Language-specific name. Monolingual name | 유한회사 (ko), Limited Company (en) |
| Language-specific main abbreviation. Monolingual main abbreviation | (유) (ko) |
| Abbreviation which is also valid and used in practice. Alternative abbreviation | (Yu) |
| Informal and comprehensive human-readable definition of a concept. Description | A Yuhan hoesa is the Korean limited company, a closely held corporate form with a limited number of members whose liability is confined to their contributions. Transfers of interests are restricted, and governance is simpler than in a stock company with no requirement for a statutory auditor. It is widely used by foreign investors for Korean subsidiaries. Disclosure obligations are lighter than for stock companies. |
| Category to group legal forms with a similar purpose, beside country-specific aspects. Legal form category | Private Limited Company |
Mapped controlled vocabulary terms
| Category:ReferenceDataTerm | Technical name | Data source | Description | Parent concept |
|---|---|---|---|---|
| J3U5 (LEI) | J3U5 | LEI (data source) | 유한회사 (Korean), YuHanHoeSa (transliterated Korean) | EntityLegalFormCode (LEI) |