Choose Your Business Structure 🏢

1. Choose Your Business Structure 🏢 Foreigners can establish: Local Corporation – such as a Joint-Stock Company (Chusik Hoesa) or Limited Liability Company (Yuhan Hoesa). No minimum capital required investkorea.org+13blog.pearsonp.com+13tetraconsultants.com+13en.wikipedia.org+11investkorea.org+11linkedin.com+11. FDI Company – with a minimum investment of ₩100 million (~USD 85 k), offering tax benefits under the Foreign Investment Promotion Act seoullawgroup.com+3investkorea.org+3behalfkr.com+3. Branch Office – extension of your foreign company; for profit-making, but lacks FDI benefits blog.pearsonp.com+4seoullawgroup.com+4behalfkr.com+4. Liaison Office – for market research/non‑commercial roles; profit activities not allowed lawfirmleeandlee.com+5investkorea.org+5linkedin.com+5. 2. Name Reservation & Articles of Incorporation Reserve a unique Hangul company name via the Supreme Court’s registry behalfkr.com. Draft notarized Articles, detailing governance, shareholder rights, etc. companyformationkorea.com+2blog.pearsonp.com+2blog.pearsonp.com+2. 3. Foreign Investment Notification & Capital Deposit For FDI firms, notify your foreign investment to a foreign exchange bank or through KOTRA/Invest Korea en.wikipedia.org+14investkorea.org+14lawfirmleeandlee.com+14. Deposit investment funds (minimum ₩100 M), and get a bank certificate for the incorporation process seoullawgroup.com+4behalfkr.com+4blog.pearsonp.com+4. 4. Corporate Registration & Business License Submit incorporation documents (Articles, investment, director info, etc.) to the Commercial Registry Court—usually completed in 1–2 weeks lawfirmleeandlee.com. Apply for a Business Registration Certificate at the National Tax Service lawfirmleeandlee.com+4blog.pearsonp.com+4behalfkr.com+4. 5. Open Bank Account & Register as Foreign-Invested Open a corporate bank account, transfer the initial capital, and request registration as a foreign-invested company within 30 days en.wikipedia.org+5investkorea.org+5blog.pearsonp.com+5. 6. Licenses, Permits & Compliance Obtain sector-specific licenses (e.g., food, finance). Register for tax (NTS) and social insurance (NPS) blog.pearsonp.com. Maintain annual compliance: reports, shareholder meetings, audits if applicable blog.pearsonp.com+1blog.pearsonp.com+1. 7. Immigration & Investor Visa (D‑8) FDI shareholders/admins may qualify for the D‑8 investor visa, leading to long-term residence and eventual permanent residency (F‑5) after 5 years en.wikipedia.org+2seoullawgroup.com+2lawfirmleeandlee.com+2. 8. Support & Incentives Leverage Invest KOREA & KOTRA for free advisory services, bank account support, and legal help blog.pearsonp.com+9en.wikipedia.org+9en.wikipedia.org+9. Consider setting up in Free Economic Zones (FEZ) for tax breaks and reduced administrative hurdles seoullawgroup.com+2en.wikipedia.org+2blog.pearsonp.com+2. ✅ Why This Path Works Fully foreign-owned — no Korean partners required blog.pearsonp.com+8linkedin.com+8behalfkr.com+8. Fast and transparent — court registration in ~1–2 weeks, bank setup in 2–3 more weeks lawfirmleeandlee.com. FDI perks — tax benefits, visa support, and government incentives . ✅ Conclusion Successfully register company in south korea https://btwvisas.com/visa-requirements/south-korea-business-visa-requirementsrequires a clear plan: select the right structure, comply with FDI regulations, complete legal registrations, and leverage government support. With methodical preparation and the right resources, you'll establish a compliant and growth-ready business in one of Asia’s most competitive markets.

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