Jurisdiction(s):
United Kingdom

Key definition

Shares definition

What does Shares mean? In company law practice, a share is a unit of a member’s interest in a company, carrying the rights and obligations attached to its class (for example, voting, dividends and return of capital on a winding up). The Companies Act 2006 simply states that a share is a share in a company’s share capital; the Irish Companies Act 2014 adopts a broadly equivalent approach. Usage and effect are consistent across England & Wales, Scotland, Northern Ireland and Ireland. A company’s share capital comprises the number of shares it allots and issues to investors on or after incorporation. Those...

South Korea foreign investment screening under FIPA: thresholds, filings, restricted sectors, defence and national core technology approvals, merger control interaction, confidentiality and penalties, with 2025 Technology Protection Act reforms

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Practice notes

1. What is the applicable legislation?

Foreign Direct Investment (FDI) is treated differently from routine share acquisitions in South Korean companies by an individual of foreign Nationality, a legal entity formed under foreign law, or an international organisation for economic cooperation (a Foreigner). FDI means a sustained commitment by the Foreigner to participate in management or to create a technical collaboration with a South Korean company or other entity, including private companies and those still being set up (together, the Domestic Entities).

the Foreign Investment Promotion Act (FIPA), along with the FIPA Enforcement Decree and Enforcement Regulations, plus the Ministry of Trade, Industry and Energy’s publicly announced Rules on investment by Foreigners, which specify matters delegated by the Enforcement Decree and Enforcement Regulations and the requirements to carry out those delegated matters (together, the Foreign Investment Laws)
if the FIPA lacks a specific provision for a particular issue involving foreign exchange or cross-border transactions, the Foreign Exchange Transactions Act and the Foreign Exchange Transactions Regulations apply...

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Web page updated on 27/05/2026

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