FDI incorporation
Foreign investment notification, remittance of investment funds, incorporation registration, business registration and FDI company registration.
Hyeyul Tax & Accounting · Seocho-gu, Seoul
A Korean certified tax accountant and former executive director of a large Korean tax firm handles your setup and the bookkeeping that follows.
SERVICES
Foreign investment notification, remittance of investment funds, incorporation registration, business registration and FDI company registration.
Branch or liaison office reporting through a designated foreign exchange bank, registration and tax ID issuance.
Monthly bookkeeping, payroll withholding tax, VAT and corporate income tax returns, and review of payments to the head office.
SETUP OPTIONS
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 office | Liaison office | |
|---|---|---|---|
| Legal entity | Separate Korean company | Same entity as head office | Same entity as head office |
| Revenue in Korea | Yes | Yes | No (market research, liaison only) |
| Registration | Court registration + business registration | Court registration + business registration | Tax ID number only |
| Corporate tax | Korean corporate tax | Tax on Korea-source income | Generally 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
All amounts in KRW, VAT excluded.
| Service | Fee | Note |
|---|---|---|
| FDI company incorporation | from 2,500,000 | Two months of bookkeeping free with a bookkeeping contract. Proxy signing and bank account services are charged additionally. |
| Monthly bookkeeping for FDI companies | from 250,000 | Based on annual revenue (up to KRW 500 million) |
CONTACT
Phone +82-2-6949-5027 · cta@taxaccountant.co.kr