Doing business in South Korea: Construction Permission
Request and obtain proof of ownership of land Agency: Property Register BuildCo must obtain proof of ownership from the Property Register to show that BuildCo has the right to construct…
Doing business in South Korea: Property Registration
Obtain certified copies of the corporate registration and the registered corporate seal, and the registry extract of the concerned land and building from the District Court Registration Office Agency: District…
Doing business in South Korea: Immigration Application
Visa Types E-5 Professional This visa is for professionals with a national certificate (such as a certified public accountant, foreign lawyer, doctor, etc.) under the laws of the Republic of…
Doing business in South Korea: Employment Regulations
Employment Regulations South Korean employment law appears complex and confusing when looking from outside view although in some ways there are many similarities to other countries. Other factors that complicate…
Doing business in South Korea: Taxation and Payroll
Tax Figures Corporate Income Tax First KRW 200,000,000 of taxable income = 10% tax rate; Income in the KRW 200,000,000 – KRW 20 billion is taxed at 20%; 22% tax…
Doing business in South Korea: Business Formation
Make company seal Agency: Seal maker Company seal must be made upon registration of establishment of new company. Business founders can make a company seal at the seal maker for…
