Your organization also can wish to build in among the list of 8 South Korea absolutely free financial zones unfold across the nation, supplying higher know-how and field aid services to enterprises.
Starting up a business or registering a company in South Korea is feasible for almost any personal or foreign company. You will find differing types of companies and firms that may be founded, with regards to the sort of functions and relevant legislation and polices.
Generally speaking Partnership, all associates keep unlimited liability, which means that they're personally liable for the debts the business enterprise may possibly accrue. The transfer of ownership calls for the unanimous consent of all users.
“Healy Consultants, a skillfully managed company with crystal clear being familiar with and awareness about what client expects from them and delivers the same in knowledgeable and timely method. Kudos for their crew.”
Should you be pondering a sole proprietorship, You merely ought to drop by a district tax Office environment (지방세무) Together with the lease contract within your Office environment and also your Korean ID card (alien registration card: 외국국적등표, or 외국인 체재증) to acquire a business license.
Overseas-invested corporations and investors keep on being distinct entities with unbiased accounting and settlement. Also, shares of Korean firms need not be while in the palms of resident shareholders of Korea.
Further more, South Korea has lawful requirements for customs and imports. Check out beforehand to make sure you can lawfully import the products you import and sell. You will have to obtain the necessary licenses and permits as well as export and import documentation.
A agent Place of work is commonly meant for overseas traders who don't plan to perform small business in South Korea. As such, they are only permitted to carry out minimal and non-industrial activities including market place analysis and advertising functions for his or her dad or mum company.
Reply JK Music August 14, 2019 Hello Maryann, there could be distinctive layouts for different (form of) businesses so far as I do know. Given that it really is within the tax Place of work I'm pretty certain it truly is reliable.
We use cookies in order that we supply you with the most effective working experience on our Web-site, give a lot more personalised providers for you and analyse our traffic.
You could Select from three diverse business composition options when putting together your South Korea subsidiary — a company, a international branch, or even a liaison Business. Incorporating as a private confined legal responsibility company is One of the more common choices and includes its possess South Korea subsidiary legislation.
“When it was time to determine an area Academy in Singapore, TriVector wanted a korea company registration professional firm that might not just assist us build our infrastructure, but could also suggest over the area and regional business local climate.
On top of that, a department Office environment setup would not impose any limit on the quantity of expenditure or ownership.
Healy Consultants labored actually hard to make it clear, simple and confidence-inspiring. I stay up for dealing with Healey Consultants all over again on future work and Fortunately suggest them to Some others.”