Hyeyul Tax & Accounting혜율세무회계 · SEOUL 한국어 Email us

Hyeyul Tax & Accounting · Seocho-gu, Seoul

Company setup and tax in KoreaSubsidiaryBranch officeLiaison office

A Korean certified tax accountant and former executive director of a large Korean tax firm handles your setup and the bookkeeping that follows.

  • 15 yrsLicensed CTA since 2011
  • Ex-EDLarge Korean tax firm
  • 9+Investor countries served
  • 98%+Client renewal rate

SERVICES

What we handle for foreign-invested companies

FDI incorporation

Foreign investment notification, remittance of investment funds, incorporation registration, business registration and FDI company registration.

Branch and liaison office

Branch or liaison office reporting through a designated foreign exchange bank, registration and tax ID issuance.

Bookkeeping and tax filing

Monthly bookkeeping, payroll withholding tax, VAT and corporate income tax returns, and review of payments to the head office.

SETUP OPTIONS

Subsidiary, branch or liaison office?

The right structure depends on whether you will generate revenue in Korea and how you want liability separated from the head office.

Subsidiary (FDI company)Branch officeLiaison office
Legal entitySeparate Korean companySame entity as head officeSame entity as head office
Revenue in KoreaYesYesNo (market research, liaison only)
RegistrationCourt registration + business registrationCourt registration + business registrationTax ID number only
Corporate taxKorean corporate taxTax on Korea-source incomeGenerally none (payroll taxes apply)

Typical timeline for an FDI company: 1–3 months for consultation and documents, then 2–3 weeks after documents are complete (at least 6 weeks in total). We have set up companies for investors from the United States, China, Japan, Italy, France, Hong Kong, the Philippines and Indonesia, and Korean branches for head offices in India, China and Hong Kong.

FEES

Published fees

All amounts in KRW, VAT excluded.

ServiceFeeNote
FDI company incorporationfrom 2,500,000Two months of bookkeeping free with a bookkeeping contract. Proxy signing and bank account services are charged additionally.
Monthly bookkeeping for FDI companiesfrom 250,000Based on annual revenue (up to KRW 500 million)

CONTACT

Office

ADDRESS
3F Daekyung Bldg., 8-22 Seochodae-ro 15-gil, Seocho-gu, Seoul, Republic of Korea
PHONE
+82-2-6949-5027
EMAIL
cta@taxaccountant.co.kr
HOURS (KST)
09:00 – 19:00
NEAREST STATION
Naebang Station (Line 7), Exit 5
REPRESENTATIVE
Yujeong Choi, CTA

Contact

Phone +82-2-6949-5027 · cta@taxaccountant.co.kr

Email us