South Korea is a fast-growing country among emerging economies, and its investment environment is generally good and attractive. In recent years, the economic development trend is generally good, the level of industrial development is high, and the R&D and innovation capabilities are strong. South Korea** actively encourages the use of foreign capital and has introduced a series of policies and measures conducive to foreign investment.
The difference between a Korean company Co., Ltd. and a limited company.
Co., Ltd.: When the conditions are met, it can be listed. Advantages: It is a corporate form that has been used in Korea for decades, and in addition to the legal representative, a non-shareholding supervisor is required. Every three years, the legal representative and the supervisor need to re-apply for re-appointment, and need to do a notarization and certification.
Limited Company: Equivalent to a limited (liability) company in China, South Korea's limited company cannot be listed, which is a new form of company launched in recent years in order to simplify registration procedures in South Korea. Advantages: It can be established by one person, and there is no need to go through the renewal procedures again. In terms of paying taxes to **, the tax rate of Co., Ltd. and Co., Ltd. is exactly the same, and both are corporations. You don't need to open a bank account.
In terms of paying taxes to **, the tax rate of Co., Ltd. and Co., Ltd. is exactly the same, and both are corporations.
Important note: If you are a company, you need to verify the capital before registration, and then the company's account will come down, and the capital verification will be credited to the company's account. If you are a cross-border e-commerce platform, you must register a company.