Frequently Asked Questions

Common questions about entering the Korean market

How long does it take to establish a corporation in Korea?

If all documents are complete, it generally takes 2-4 weeks. The timeline may vary depending on the type of corporation, industry, and required permits. Foreign investment corporations require additional foreign investment notification procedures.

What is the minimum capital required for corporate establishment?

Korean commercial law has no minimum capital requirement for stock companies. However, to register as a foreign investment enterprise under the Foreign Investment Promotion Act, a minimum investment of 100 million KRW is required. We recommend consulting on appropriate capital considering visa issuance and other factors.

Can foreigners register a business in Korea?

Yes, it is possible. Foreigners with legal residency status can register as sole proprietors or corporate representatives. Visas such as D-8 (corporate investment) or D-9 (trade management) are required, and we provide visa application support.

What is KC certification?

KC (Korea Certification) is Korea's mandatory legal certification mark. Certain product categories including electrical products, household goods, and children's products cannot be sold in Korea without KC certification. It is divided into safety certification, safety confirmation, and supplier conformity confirmation depending on the product type.

What are the tariffs for importing products from China to Korea?

Tariffs vary by product classification (HS code). Korea-China FTA may result in tariff exemption or reduction. Additionally, value-added tax (10%) is charged. We can confirm the exact tariff rate through product information.

Is there a consultation fee?

Initial consultation is free. After understanding your company's situation and goals, we will transparently inform you about necessary services and costs. Please feel free to contact us.

What languages are services available in?

We provide consultation and services in Korean, Chinese (Mandarin), and English. The assigned consultant will communicate in the language most comfortable for the client.

Can I establish a corporation without an office in Korea?

Yes, it is possible. Using our virtual office service, you can complete corporate registration while saving initial costs. We also support future relocation to a physical office.

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