5 steps to register a company in South Korea

Mondo Finance Updated on 2024-02-01

South Korea is a developed capitalist country, a founding member of APEC, the World Organization and the East Asia Summit, as well as a member of important international organizations such as the OECD, the G20 and the United Nations.

1. Introduction to South Korea's business.

South Korea's business environment is more attractive, but the specific investment decisions also need to be based on market demand, technological progress, policy changes and other factors for a comprehensive evaluation, South Korea in cosmetics, electronics, semiconductors, automobiles, shipbuilding, textiles, steel, chemicals, machinery and other industries output is in the world's top 10, the industry's brand is also recognized by the world, to invest in South Korea can give priority to investment in these industries.

2. South Korea company registration requirements.

1. Here is an introduction to the registered capital requirements of a Korean company, the registered capital of a Korean company is at least 100 million won, about 600,000 yuan, and the registered capital needs to be remitted into South Korea from abroad, and it will be converted into Korean won at the exchange rate of the day at the time of registration.

2. Let me introduce you to the requirements for the registered address of the Korean company: the Korean company needs to have a local registered address in South Korea, which must be a commercial office building or a commercial and residential house.

3. Five steps to register a company in South Korea.

1. The first step in the registration of a Korean company is to select the type of Korean company.

In South Korea, there are many types of companies to choose from, including joint stock *** limited liability companies, partnership companies, etc. It is necessary to choose the right type of company according to the type of business you are running and your needs, and generally speaking, for foreigners, an LLC is the more common choice.

2. The second step of Korean company registration is to determine the name of the Korean company: after selecting the type of company, it is necessary to determine the company name, in Korea, the company name must be named in Korean or English, and cannot be duplicated with other registered company names, and the company name query needs to be carried out at the Korean Intellectual Property Office to confirm whether the company name is available.

3. The three steps of Korean company registration are to register a company in South Korea: after completing the first two steps, you need to submit an application for registration to the Korea Chamber of Commerce and Industry. The registration application needs to include the company name, company type, company address, shareholder information, etc.

4. The four steps of South Korea company registration are to ensure that all documents have been prepared before submitting the application.

5. The five steps of South Korea company registration are the number of Korean companies: 2 people, one director and one supervisor.

4. The information obtained from the registration of a Korean company includes:

1. Register of Korean Company Legal Person.

2. Business license of Korean company.

3. Korean company seal identification card.

4. Articles of Association of Korean companies.

5. Register of shareholders of Korean companies.

6. Korean company account.

7. Korean company seal.

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