eurasia-consulting logo

If certain requirements are met, a foreign individual or corporation established in Korea is subject to the Commercial Act as a Korean corporation, and can receive various support under the Foreign Investment Promotion Act.

[Benefit as FDI Company]

• Taxes such as corporate tax, income tax, acquisition tax, registration tax, property tax, and comprehensive real estate tax are exempted. (investment amount of 5 million to 10 million dollars or more)
• Rental of national and public properties and reduction of rent
• Support for tariffs when importing capital goods
• D-8 Visa issuance possible (examination required)

[Process]

• Notification of investment to a foreign exchange bank
• Remittance of investment capital
• Registration of incorporation to the court
• Business registration to tax office
• Opening a bank account and transfer of invested capital
• Registration of foreign-invested company

If you do not need benefits as a Foreign Direct Investment company, the procedure for incorporation is relatively simple. It is possible to establish a corporation with small capital, and the address can be registered in a shared office. Our outsourcing services allow you to operate your company while staying abroad.

[Process]

• Notification of investment to a foreign exchange bank
• Remittance of investment capital
• Registration of incorporation to the court
• Business registration to tax office
• Opening a bank account and transfer of invested capital

Capital is not required for the establishment of an overseas office, but the head of a branch must exist.

[Process]

• Notification to a foreign exchange bank
• Branch registration to the court
• Registration of incorporation to the court
• Business registration to tax office
• Opening a bank account and transfer of invested capital