Requirements

  • At least 1 shareholder and director
  • Allow all foreign investment
  • 100 million won as funds

Information needed

  • Company Name (In Korean or English)
  • Registered address
  • Signature copy of the chairman
  • Shareholders and directors ID card or copy
  • Business Scope
  • Shareholder equity allocation ratio

Korean tax rate

  • Ltd. does not exceed 100 million won: 13%
  • Ltd. has more than 100 million won: 25%

Time required

When we receive all the signed documents, it will take 30-35 business days to complete all registration procedures.