Ways to set up a business in Korea and Free setting-up-service.

There are several ways for starting business in Korea as below.
Every business entity who want to open business in Korea can choose one of these types which is fit to their own situation or purpose.


1. Corporation (외국인 법인설립, 외국인투자기업 설립)

• If a foreigner intends to establish a company, the investment amount shall be no less than 100mil KRW(around 100,000 USD) per person. And then the person who invest it can get the D-8 Visa.
• This is the only way for a foreigner to run a business in South Korea nowadays unless the foreigner has parent company in other country or has F visa.
• Here is the detail of incorporation procedure.  See detail
• We provided the "Free Incorporation service". See detail

2. Branch Office (한국지사설립)

• A foreign company can establish a branch office in Korea.
• And a branch office can operate its business to make earnings in Korea.
• Here is the detail of branch office set up.  See detail

3. Liaison Office (연락사무소설립)

• A foreign company can establish a liaison office in Korea.
• And a liaison office can perform only non-business activities such as the business contact to overseas headquarter, market survey, research and development, quality control, advertisement, propagation, information collection, etc.
• Here is the detail of liaison office set up. See detail

4. Private Business (외국인사업자등록-개인사업자)

• A foreigner who has F visa can start a business in Korea as a private business (non-incorporated).

Tel: 02-555-3919 from Korea,+82-2-555-3919 from abroad. Email:energy17jyw@gmail.com



Introduction of Doyoung Accounting corporation

Doyoung Accounting firm has more than 15 years' experience in the foreigner's business setting up in Korea.

Doyoung Accounting Corporation and Service Group provides a full range of business advisory services. 
These services include

• Incorporation, real estate brockerage, virtual office address service, VISA service
• bookkeeping, VAT filing
• Income tax filing
• Human resource management (payroll, national insurances, individual income tax)
• Management function support service
• Audit and other services; management, information technology and financial advisory services including mergers & acquisitions, business recovery, project finance; business process outsourcing services.

Tel: 02-555-3919 from Korea,+82-2-555-3919 from abroad. Email:energy17jyw@gmail.com