GLOBAL REGISTRATION
Korea

Advantages of Registering a Company in Korea

1. Favorable geographical location: South Korea maintains dense flight connections with major cities including Beijing, Shanghai, Hong Kong and Tokyo, greatly facilitating business exchanges.

2. Mature business environment: Equipped with a sophisticated economic system, complete infrastructure and abundant technological resources, South Korea offers favorable development conditions for enterprises.

3. Tax incentives: The South Korean government has rolled out diversified preferential tax policies to attract foreign investment, such as corporate income tax reductions, VAT concessions and local tax subsidies.

4. Policy support: A series of supportive measures are available for foreign‑funded enterprises, including streamlined registration procedures and dedicated service counters.

5. Brand image and product value: World‑renowned Korean brands covering cosmetics, electronic products and premium daily consumer goods deliver strong brand influence.

REQUIREMENTS

COMPANY TYPE

MATERIALS

Serial
Name
Details
1
Personnel Structure for Incorporated Company Registration (Kabushiki Kaisha)

1. No less than one shareholder (no nationality restrictions);

2. No less than one legal representative (Representative Director) (no nationality restrictions);

3. No less than one auditor (no nationality restrictions).

Notes:

1) If the individual shareholder and the Representative Director of the Korean company are the same person, the company shall appoint an additional auditor;

2) If the individual shareholder and the Representative Director of the Korean company are different persons, the company is not required to appoint an additional auditor;

3) Where the shareholder is a corporate entity, the Korean company may appoint one or more Representative Directors and is exempt from appointing an additional auditor.

2
Personnel Arrangement for Limited Company Registration

1. At least one shareholder (no nationality restrictions);

2. At least one legal representative (Representative Director) (no nationality restrictions);

3. A natural-person shareholder may concurrently serve as both shareholder and legal representative.

3
Registered Capital

Minimum registered capital: 100 million Korean won, equivalent to approximately 510,000 RMB.

For joint ventures with Korean individuals or Korean enterprises where a Korean party acts as the company’s representative, capital contribution shall be paid‑in. Both parties may determine the paid‑in amount independently, which can be 10 million KRW, 20 million KRW or higher.

Note: The full amount of 100 million KRW must be paid in full if an application for the D‑8 visa will be submitted at a later stage.

4
Registered Address
A legitimate registered address within South Korea is required.
5
Business Scope
It is necessary to comply with Korean industry classification codes. Extra permits are required for some industries such as medical care and food sectors. Popular sectors including cosmetics, medical aesthetic services and cross‑border e‑commerce do not need special qualifications.
6
Company Name
The corporate name must be written in Korean, and may include English words or transliterated Chinese characters. The name shall be verified for duplication by the Korean Intellectual Property Office to avoid overlapping with existing company names.
Serial
Name
Details
1
Kabushiki Kaisha
Common corporate type in South Korea, equivalent to China’s company limited by shares. It suits large‑scale enterprises, permits public stock issuance and facilitates large‑scale financing.
2
Limited Liability Company
It is equivalent to China’s limited liability company, suitable for start‑ups and small‑scale operations. It requires at least one shareholder, features low establishment thresholds and high operational flexibility.
Serial
Name
Details
1
Shareholders of the Company (Limited Liability Company & Kabushiki Kaisha)

1. Power of Attorney for Foreign Investment Declaration (drafted by our company, subject to notarization and South Korean consular authentication / Apostille certification)

2. Scanned copy of the Business License

3. Scanned passport copy of the legal representative of the shareholder company

4. Shareholder List / Equity Structure Chart (affixed with the company official seal and marked with the issuing date)

5. Scanned passport copy of the majority shareholder

2
Individual Shareholders (Limited Liability Company & Kabushiki Kaisha)

1. Power of Attorney for Foreign Investment Declaration (prepared by our company, requiring notarization as well as South Korean consular authentication / Apostille certification)

2. Scanned copy of passport

3
Documents Required for Chinese Nationals Serving as Representative Directors (Limited Liability Company & Kabushiki Kaisha)

1. Appointment Letter (drafted by our company, to be notarized and authenticated by the South Korean Consulate / apostilled)

2. Seal Registration Statement (drafted by our company, to be notarized and authenticated by the South Korean Consulate / apostilled)

3. Scanned copy of passport (to be notarized and authenticated by the South Korean Consulate / apostilled)

4. Scanned copy of ID card (to be notarized and authenticated by the South Korean Consulate / apostilled)

5. Power of Attorney (to be notarized and authenticated by the South Korean Consulate / apostilled)

4
Documents Required for Korean Nationals Acting as Representative Directors / Directors (Limited Liability Company)

1. Photocopy of Korean national ID card (주민등록증사본)

2. Two copies of Resident Registration Abstract (주민등록등본)

3. Two copies of Seal Certificate (인감증명서)

4. Physical personal seal (인감도장): the seal registered on the Seal Certificate (the personal seal can be mailed back after company registration commences)

Note: All documents above shall be issued within three months; expired materials need to be resubmitted.

5
Documents Required for Chinese Nationals Serving as Directors / Auditors (Kabushiki Kaisha)

1. Appointment Letter (drafted by our company, subject to notarization and South Korean consular authentication / Apostille certification)

2. Photocopy of passport (subject to notarization and South Korean consular authentication / Apostille certification)

6
Documents Required for Korean Nationals Serving as Representative Directors / Directors / Auditors (Kabushiki Kaisha)

1. Photocopy of Korean Resident ID Card (주민등록증사본)

2. Two copies of Resident Registration Certificate (주민등록등본)

3. Two copies of Seal Certificate (인감증명서)

4. Physical personal seal (인감도장): the seal registered on the Seal Certificate (the personal seal can be returned by post after the company registration procedure starts)

Note: All the above documents must be issued within three months; expired documents shall be resubmitted.

REGISTRATION PROCESS

  • 1

    Fill in the documents

    Fill in the information collection form and provide details of shareholders and directors, together with the company name and business scope.
  • 2

    Conduct name verification

    Conduct name verification
  • 3

    Draft documents

    Draft registration documents
  • 4

    Apostille

    Get Apostille certification for the documents and send them to South Korea by courier.
  • 5

    Bank account

    Open a temporary bank account in South Korea
  • 6

    Bank declaration

    File foreign investment declaration through domestic banks in South Korea
  • 7

    Remittance

    Remit investment funds from China to the foreign exchange bank in South Korea
  • 8

    Issuance certificate

    The foreign exchange bank issues the investment fund certificate
  • 9

    Register

    Registration & Foreign‑Invested Enterprise Registration
  • 10

    Obtain the registration certificate

    Obtain the registration certificate
  • 11

    Formally open a bank account

    Open an official bank account

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