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Summary to INCORPORATE a company in South Korea



When you start a business in Korea as a COMPANY, there are the document procedure you should go through. 
We provided the "Free Incorporation Service".  Click for the detail


1. Conditions for establishing a company in Korea for foreigners.

(1) Investment : If a foreigner intends to establish a company in the way of FDI (Foreign Direct Investment), the investment amount shall be no less than 100mil KRW(around 100,000 USD) per investor. But a foreigner can also establish a company with less than 100mil KRW, through the non-FDI method.
The investment can be used for the business itself.

(2) Registration tax, etc : It will be around 1.5% of the investment in the case of setting up in Seoul. 

(3) Normally it takes around 2 ~ 4 weeks after all of the documents is prepared, to incorporate and to get the business license.


2. The document needed are normally as below, but they can be changed according to the specific case.

If you use our service, we prepare all of the sample document for you to customize easily.

  • The document that can prove the investor's nationality

        - for the individual investor : ID card and passport
        - for the company investor : Court registration or Business license of the investor

  • The document that can prove the CEO's identity
  • Power of attorney
  • Office rent contract (We can help this as well. we supply One-Stop service.)


3. Procedure to establish a company.

We supply the One-Stop service for the whole procedure below.

(1) Notification of foreign investment

(4) Establishing a company

(9) Others to manage the company onward
     2) Purchase and Sales documents and making receipt book   see detail
     3) Others to avoid the additional tax   see detail


Tel: 02-555-3919 from Korea,+82-2-555-3919 from abroad. Email:energy17jyw@gmail.com



Introduction of Echon Accounting corporation

Echon Accounting firm is 
  • top 8 accounting firm in South Korea,
  • a member of the global accounting firm "Morison KSI",
  • and including more than 100 C.P.A.


    Echon Accounting Corporation and Service Group provides a full range of business advisory services. 
    These services include


    • Incorporation, real estate brockerage, virtual office address service, VISA service
    • bookkeeping, VAT filing
    • Income tax filing
    • Human resource management (payroll, national insurances, individual income tax)
    • Management function support service
    • Audit and other services; management, information technology and financial advisory services including mergers & acquisitions, business recovery, project finance; business process outsourcing services.

    Tel: 02-555-3919 from Korea,+82-2-555-3919 from abroad. Email:energy17jyw@gmail.com







    Our services

    We supply One-Stop service to set up a business in South Korea and manage your business about the issues such as office rent, VISA, tax, accounting, audit etc. Just contact us!!