How To Register Business Name In Korean
In korea the company registry is managed by the supreme court.
How to register business name in korean. Registration number and date legal form director s activity events capital. Starting a business or registering a company in south korea is possible for almost any individual or foreign company. Take your bank account documents and real estate lease to your local district office. Similar to national identification numbers in other countries it was used to identify people in various private transactions such as banking and employment. The good news is that in recent years the korean government has begun easing general start up rules to help encourage foreigners to start businesses in korea.
Korean nationals residing abroad documents proving their alien status. Free trademark search tool in south korea. Business names must be registered in hangeul the korean alphabet. The procedure is basically identical to the corporation establishment procedure applied to korean nationals except for the pre report of foreign investment and registration of a foreign invested. The korean government has established a number of free economic zones that provide additional incentives and tax benefits to foreigners who are investing or starting a business in south korea.
Tax manager designation report. 1 copy of the application for registration incorporation and the business registration form. If your trademark is available our south korean attorneys will file and process your trademark registration in south korea. If you are not familiar with hangeul hire a local to assist with your paperwork. Passport copy or copy of the alien registration card.
A business registration certificate or extract notably contains information such as. In the republic of korea a resident registration number rrn korean. There are different types of businesses and companies that can be established depending on the type of activities and relevant laws and regulations. Just last year a korean american entrepreneur was the recipient of korea s first start up visa an indication that the korean government is opening avenues to more foreign start ups. 2 profit making corporation 1.
Generally south korea requires the business or the foreign investor to be located within the free economic zone in order to receive the benefits. And foreign invested company registration.