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Why Establish a Business in South Korea?
South Korea offers a dynamic and business-friendly environment, making it an attractive destination for foreign companies. However, setting up a company involves multiple legal and administrative steps. Our team provides fast, compliant, and efficient incorporation services to help businesses enter the Korean market smoothly.
1. Business Incorporation Fees in South Korea
The total cost of incorporating a business in Korea depends on factors such as capital investment, business type, and legal requirements.
Estimated Incorporation Costs
- Base Incorporation Fee: Starting from $3,000, depending on business scope and complexity.
- Capital Registration Tax: Varies based on the initial capital investment.
- Office Address Requirement: A company must secure a registered office address before incorporation. If you do not have one, we can assist in securing a suitable location.
- Court Registry Fees: Fees for registering the company’s articles of incorporation, capital details, and office address with the Korean Court Registry.
📌 These fees vary depending on business structure. Contact us for a tailored quote.
2. Legal Process for Company Registration
Incorporating a business in Korea involves several legal steps. Our expertise ensures a hassle-free and efficient process.
Key Steps in Incorporation
- Securing an Office Address – A business address is required before incorporation. We can assist in securing a suitable location.
- Company Name Registration – Checking name availability and obtaining approval.
- Court Registry Filing – Submitting the articles of incorporation, capital investment details, and office address to the Korean Court Registry for official registration.
- Business Registration with Tax Authorities – Obtaining a corporate registration number and tax ID from the National Tax Service.
- Opening a Corporate Bank Account – Required for capital deposits, financial transactions, and tax compliance.
📌 With our expert guidance, these steps can be completed efficiently, minimizing delays and ensuring compliance.
3. Why Choose Our Incorporation Services?
- 20+ Years of Experience – Assisting foreign businesses in establishing legal entities in Korea.
- Fast & Seamless Process – We manage all legal procedures, reducing setup time.
- Real-Time Support – Quick responses to all incorporation-related inquiries.
- Comprehensive Legal Compliance – Ensuring full compliance with corporate law, tax regulations, and foreign investment requirements.
📌 We provide bilingual support and tailored incorporation solutions based on your business needs.
4. FAQs About Incorporating a Business in Korea
How long does it take to register a company in South Korea?
Typically, the incorporation process takes a few weeks, depending on the complexity of the business structure and approval times at the Court Registry.
Do I need a physical office in Korea before registering my company?
Yes, a registered office address is required before incorporation. If you do not have one, we can assist in securing a suitable location.
What is the role of the Court Registry in incorporation?
The Court Registry is responsible for officially registering your company, including its articles of incorporation, office address, and capital investment details.
What are the capital requirements for company setup?
Capital requirements vary depending on your business type. We can advise on the best structure for your incorporation.
Start Your Business in Korea Today
We specialize in assisting foreign businesses with company registration in South Korea. Whether you are establishing a subsidiary, branch office, or new corporation, we provide end-to-end incorporation support.
Contact us today for a consultation on setting up your business in South Korea.
