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Starting a business or registering a company in south korea is possible for almost any individual or foreign company.
How to register business name in korean. Generally south korea requires the business or the foreign investor to be located within the free economic zone in order to receive the benefits. 2 profit making corporation 1. In korea the company registry is managed by the supreme court. Fill out the paperwork to register your business name. In the republic of korea a resident registration number rrn korean.
Business names must be registered in hangeul the korean alphabet. The good news is that in recent years the korean government has begun easing general start up rules to help encourage foreigners to start businesses in korea. The procedure is basically identical to the corporation establishment procedure applied to korean nationals except for the pre report of foreign investment and registration of a foreign invested. There are different types of businesses and companies that can be established depending on the type of activities and relevant laws and regulations. If you are not familiar with hangeul hire a local to assist with your paperwork.
Take your bank account documents and real estate lease to your local district office. The korean government has established a number of free economic zones that provide additional incentives and tax benefits to foreigners who are investing or starting a business in south korea. Jumin deungnok beonho is a 13 digit number issued to all residents of south korea regardless of nationality. And foreign invested company registration. Tax manager designation report.
Registration number and date legal form director s activity events capital. Free trademark search tool in south korea. A business registration certificate or extract notably contains information such as. If your trademark is available our south korean attorneys will file and process your trademark registration in south korea. Just last year a korean american entrepreneur was the recipient of korea s first start up visa an indication that the korean government is opening avenues to more foreign start ups.
Passport copy or copy of the alien registration card. Korean nationals residing abroad documents proving their alien status.
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