If you want to set up a gaming or gambling company in Korea, you must comply with the strict provisions of the laws here. In order to navigate them, you can rely on our company incorporation agents in Korea, who can also help you register a company and apply for…
Both local and foreign citizens can open sole proprietorships in Korea by following specific steps. Considering this is the simplest business form under which a person can operate in South Korea, the procedure implies fewer stages compared to when registering another type of company. Below, our company incorporation specialists in…
If you want to open a travel agency in Korea, you need to follow several steps. One of the most important is obtaining the licenses that will enable you to offer tourism-related services. Below, our specialists for opening a company in Korea explain how to start a tour operator business…
The special purpose vehicle or entity (SPV/SPE) is a company registered with the intention of carrying out a specific project. It is also possible to set up a SPV in Korea, and the incorporation process is completed in the same way as for any domestic business. Below, agents for setting…
The Civil Law is the main legal framework to provide for the creation of foundations in Korea. However, there are also other regulations to cover their activities. Also known as non-profit organizations (NPOs) or non-governmental organizations (NGOs), they can take two forms: incorporated and unincorporated. Below, our company formation agents…
Opening a financial enterprise implies registering a local business and applying for a financial license in Korea. In the case of foreign businesspersons, an investment business permit must also be obtained. If you want to obtain a financial license in South Korea, there are several steps and documents to prepare,…
If you want to open a crypto company in Korea, you need to comply with specific regulations, among which the ones governing anti-money laundering. They are important as they also apply retroactively to existing Virtual Asset Service Providers (VASP) in Korea that did not require registration with the Financial Services…
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…
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…
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. Quick Facts …
