Discover our services in the table below: Our Services Company formation solutions We are at the disposal of investors with complete company registration solutions in South Korea. Virtual office acquisition support Our Korean company formation agents can assist with the purchase of a virtual office. Branch office registration services We…
There are several laws that regulate the creation of a trust in South Korea. The most important one is the Trust Act, that has been last renewed in 2017. Considering there are several ways to set up such an establishment here, we invite you to read below about the opening…
The Criminal Code in South Korea applies to both foreigners and citizens of this country. In addition, it also applies to Korean citizens who commit crimes outside their home state. When dealing with accusations under this law, it is recommended to use specialized help provided by our criminal lawyers in…
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…
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…
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.…
An individual who intends to obtain approval from the local authorities to set up a holding company in Korea or to change an existing legal entity into a holding company has to submit to the Fair Trade Commission an application which contains certain information. In this article, our company formation advisors in Korea explain different aspects…
Foreign companies with a permanent establishment in Korea are subject to a standard corporate income tax on the income which is generated from the country. Foreign companies which do not have a permanent establishment in the country are subject to taxes which range from 2% to 20% on their income deriving from Korean sources. In this article,…
The popularity of Korea is increasing among foreign citizens who are eager to invest or work in the country. An important aspect when moving here is opening a bank account in Korea. In this article, our company formation consultants in Korea explain how to open such an account. You can also rely on our immigration lawyers in…
The limited liability company in Korea is chosen by many foreign investors who want to open a business in this country. According to the amended Commercial Code of Korea some of the characteristics of the limited liability companies in Korea have changed in order to make this legal form even more efficient for investment. One…
