Our website uses  cookies for statistical purposes.

  • Kwon, Park & Rhee, 10th Fl., Seoul, Republic of Korea
  • office[at]companyformationkorea[.]com
  • +82 10 2885 4357

Articles

Fiscal Representative in Korea

Fiscal Representative in Korea

Foreign companies are not required to have a local presence in South Korea in order to register for VAT; however, they must appoint a Korean fiscal representative. With respect to domestic business, these can also use the services of such an agent optionally. Below, our company formation agents in Korea…
Read More
Citizenship in Korea

Citizenship in Korea

There are several ways through which a foreigner can obtain citizenship in Korea. However, naturalization, also known as general naturalization, is the most common pathway. Having a Korean passport also comes with numerous advantages, among which visa-free access to various countries. If you have decided to move here, you can…
Read More
Representative Office in Korea

Representative Office in Korea

Foreign companies seeking to test the Korean market can set up liaison offices for this purpose. Also known as a representative office, this is a non-corporate form suitable for specific activities with limited character only. Below, our company formation officers in South Korea explain the procedure to create a liaison…
Read More
Payroll in South Korea

Payroll in South Korea

Opening a company in Korea implies apart from registration having the manpower to operate it. While hiring employees is not difficult, keeping track of their activities, paying their wages and registering annual leaves, as well as other actions associated with their work implies setting up the payroll. Below, our local…
Read More
Employee/ Personnel Relocation to South Korea

Employee/ Personnel Relocation to South Korea

Employee relocation to South Korea is possible through a special category of visa, namely the D permit. The procedure is not complicated, however, it requires attention from both the employer and the workers, as there are certain formalities to complete. Below, our local specialists explain the main procedure related to…
Read More
VAT Registration in South Korea

VAT Registration in South Korea

With no less than 8 years ago, Korea decided to simplify its taxation system related to indirect levies with their replacement with the value added tax (VAT) in 1977. Now, in order to sell goods and products here, one is required to apply for VAT registration in South Korea. The…
Read More
Immigrate to Korea

Immigrate to Korea

Foreign citizens who want to immigrate to South Korea can apply for specific visas for short-term stays or residence permits that enable them to live here longer. The decision should be made in accordance with one’s goals and qualifications. No matter the way you decide to migrate to Korea, our lawyers are at your…
Read More
Accounting Services in South Korea

Accounting Services in South Korea

We have a mixed team of Korean company formation and accountants in South Korea who can support you in various matters. Living and/or having a company in Korea implies paying taxes here. For this purpose, there are various accounting requirements to comply with. If for Korean citizens things are much simpler, foreigners…
Read More
Hire Korean Workforce

Hire Korean Workforce

According to the Ministry of Employment and Labor of Korea, in 2017, there were around 26 million working individuals in the country, with an employment rate of around 66.5%.  The total unemployment rate of 3.8% which was registered in January 2017 was much lower than that of young individuals, which was…
Read More
Obtaining Residence Permit in Korea

Obtaining Residence Permit in Korea

One of the wealthiest countries in the world, South Korea has attracted more than one million of expats who mostly live in Seoul. If you intend to become one of them, our company formation advisors in Korea present, in this article, a few key aspects related to obtaining a residence permit in Korea.…
Read More