Can I start a company in Korea without speaking Korean?
Yes — and it’s more straightforward than most foreign entrepreneurs expect.
While Korean is the official business language, South Korea’s government actively supports foreign investment through streamlined processes, English-language services, and bilingual legal professionals who handle the Korean-language requirements on your behalf.
This guide from SMA Lawfirm explains exactly how foreign entrepreneurs register companies in Korea without Korean language skills — and which services make the process seamless.
Table of contents
Open Table of contents
- The Reality: Korean Language Barriers Are Manageable
- How Bilingual Legal Services Work
- Step-by-Step: Registering Without Korean Language
- Step 1: Choose Your Entity Type (No Korean Required)
- Step 2: Draft Articles of Incorporation (Bilingual)
- Step 3: Capital Deposit (English-Language Banking)
- Step 4: Corporate Registration (Handled in Korean)
- Step 5: Tax Registration (NTS Filing in Korean)
- Step 6: FDI Registration (KOTRA — English Available)
- Step 7: Corporate Bank Account (English Support)
- Which Banks Support English-Language Corporate Banking?
- Communication Strategies for Non-Korean Speakers
- Documents You’ll Need (English Versions Acceptable)
- Visa Considerations for Non-Korean Speakers
- Ongoing Compliance Without Korean
- Cost Breakdown: Company Formation Without Korean
- Success Stories: Companies We’ve Helped (No Korean Required)
- Common Misconceptions About Language Barriers
- Why Choose SMA Lawfirm for No-Korean-Required Company Formation
- Next Steps: Register Your Company Today
The Reality: Korean Language Barriers Are Manageable
What Requires Korean Language
These critical steps are conducted in Korean:
- Government filings (corporate registration, tax registration)
- Legal documents (Articles of Incorporation, shareholder agreements)
- Bank communications (account opening, bank confirmations)
- Notarization and apostille processes
- Immigration applications (visa documents, interviews)
What’s Available in English
Many aspects of Korean business support foreign investors in English:
- KOTRA (Korea Trade-Investment Promotion Agency) — English-language FDI support
- Major banks — International business centers with English-speaking staff
- Legal and accounting firms — Bilingual professional services
- Government websites — Many key resources available in English
Key insight: You don’t personally need Korean fluency — you need bilingual representation to handle the Korean-language requirements while maintaining an English workflow with you.
How Bilingual Legal Services Work
End-to-End English Workflow
At SMA Lawfirm, we provide fully English-language company formation services:
-
Initial consultation in English
- Email or video call to discuss your business goals
- No Korean translation required for your communications
-
Document preparation
- We draft all corporate documents bilingually (Korean + English versions)
- You review English versions, we handle Korean filings
-
Government coordination
- We communicate with Korean registry offices, tax authorities, and banks in Korean
- You receive English status updates via email
-
Bank account setup
- We coordinate with banks that have English-speaking international business teams
- We accompany you to appointments and translate in real-time if needed
-
Ongoing compliance
- Tax filings, labor registrations, annual reports — all managed in Korean
- You receive English summaries of all filings
Result: You manage your entire Korean company formation in English, never needing to speak or read Korean.
Step-by-Step: Registering Without Korean Language
Step 1: Choose Your Entity Type (No Korean Required)
Your bilingual attorney will explain:
- LLC (Yuhan Hoesa) vs. JSC (Chusik Hoesa) differences
- Capital requirements and governance structures
- Tax implications and compliance obligations
Documents needed from you: Passport copies, business plan (in English is fine)
Step 2: Draft Articles of Incorporation (Bilingual)
Your legal team drafts:
- Korean version for official filing
- English version for your review and understanding
You review the English version, approve, and sign.
Korean translations are certified for submission to the Korean Commercial Registry.
Step 3: Capital Deposit (English-Language Banking)
Banks with English-speaking teams:
- Shinhan Bank — International Business Center
- Woori Bank — Global Services Division
- KB Kookmin Bank — Foreign Investment Support
Your attorney:
- Opens a temporary capital deposit account in your company’s name
- Guides you through the wire transfer from your home country
- Obtains the capital deposit confirmation in Korean (required for registration)
You communicate in English with both your attorney and bank representatives.
Step 4: Corporate Registration (Handled in Korean)
Your legal team files with the Korean Commercial Registry:
- Articles of Incorporation
- Capital confirmation
- Shareholder/director identification
- Registration fees
Processing time: 1-2 weeks
You receive: English-translated copy of your corporate registration certificate
Learn more: Complete step-by-step registration guide
Step 5: Tax Registration (NTS Filing in Korean)
Your attorney registers your company with the National Tax Service (NTS):
- Corporate income tax registration
- VAT registration
- Digital certificate issuance
You receive: Business Registration Certificate (사업자등록증) with English translation
Step 6: FDI Registration (KOTRA — English Available)
If you’re registering as Foreign Direct Investment (FDI):
- Your attorney files with KOTRA (English-language support available)
- FDI status enables profit repatriation and tax benefits
- Processing time: 1-2 weeks
Step 7: Corporate Bank Account (English Support)
After registration, open a permanent corporate bank account:
- Attorney coordinates appointment at English-speaking branch
- Brings all Korean documents + certified translations
- Facilitates communication if bank requires clarification
You bring: Passport, corporate seal (provided by attorney), company registration documents
Result: Fully functional Korean business bank account with online banking (Korean + English interface options)
Which Banks Support English-Language Corporate Banking?
Best Banks for Foreign Entrepreneurs
| Bank | English Support | Advantages | Requirements |
|---|---|---|---|
| Shinhan Bank | ★★★★★ | International Business Center, expat-friendly, English online banking | Standard corporate docs |
| Woori Bank | ★★★★☆ | Global Services Division, good FDI support | Standard corporate docs |
| KB Kookmin Bank | ★★★★☆ | Large network, foreign investment team | May require higher capital |
| Citibank Korea | ★★★★★ | Fully bilingual, US expat familiarity | Higher fees, limited branches |
| HSBC Korea | ★★★★★ | International standards, familiar to expats | Higher fees, limited branches |
Tip: Shinhan and Woori are typically the best balance of accessibility, English support, and reasonable fees.
Communication Strategies for Non-Korean Speakers
1. Use Email Primarily
Advantage: Time to translate, no real-time language pressure
Most Korean businesses accept and prefer email for:
- Document requests
- Status updates
- Contract negotiations
Your bilingual legal team handles all Korean-language email correspondence.
2. Leverage Bilingual Service Providers
Work with professionals who bridge the language gap:
- Legal services (SMA Lawfirm)
- Accounting and bookkeeping (bilingual accountants)
- Virtual office providers (English-speaking staff)
- HR and payroll services (expat-focused agencies)
3. Use Video Translation Apps (For Emergency Situations)
If you need to communicate with Korean-only speakers:
- Papago (Naver) — Best for Korean ↔ English
- Google Translate — Camera translation for documents
- DeepL — High-quality translations
4. Hire a Bilingual Executive Assistant (For Ongoing Operations)
Once your company is established:
- Hire a Korean-English bilingual assistant for daily operations
- Handle vendor communications, HR matters, government correspondence
- Cost-effective compared to ongoing translation services
Documents You’ll Need (English Versions Acceptable)
For company registration, you’ll provide:
Personal Documents
- Passport (certified translation not required)
- Proof of address from home country (English acceptable)
- Criminal background check (apostilled, English acceptable)
Business Documents
- Business plan (English version is fine — attorney will translate key sections)
- Proof of capital source (bank statements, English acceptable)
- Overseas company registration (if corporate investor — certified translation required)
Key point: Most documents you provide can be in English. Your legal team handles translation of official filings into Korean.
Visa Considerations for Non-Korean Speakers
D-8 Corporate Investor Visa
If you need a D-8 investor visa to live in Korea:
- Application documents require certified Korean translations
- Immigration interviews conducted in Korean (interpreter allowed)
- Your legal team prepares all documents and coordinates interpreters
Read our complete guide: D-8 Visa Korea Requirements 2025
F-2 and F-5 Residency Visas
Long-term residency visas require:
- TOPIK (Korean language test) — Level 2-4 depending on visa type
- Or significant investment (₩500M+) to waive language requirements
Strategy: Maintain D-8 status for 5+ years while your business grows, then transition to F-5 with investment track (no Korean test required if investment meets threshold).
Ongoing Compliance Without Korean
Annual Tax Filings
- Hire a bilingual accounting firm to handle:
- Corporate income tax returns
- VAT filings (quarterly or annual)
- Year-end payroll tax reports
Cost: ₩1-3 million/year depending on company size
Labor Compliance
If hiring employees:
- Employment contracts must be in Korean (bilingual versions recommended)
- National Pension, Health Insurance, Employment Insurance registrations handled by accountant or HR agency
- English-language payroll services available (e.g., Papaya Global, Remote.com)
Legal and Contract Review
- Work with bilingual legal counsel for:
- Vendor contracts
- Customer agreements
- Lease negotiations
- Dispute resolution
SMA Lawfirm provides ongoing legal support in English for all corporate matters.
Cost Breakdown: Company Formation Without Korean
| Service | Typical Cost | Provider |
|---|---|---|
| Bilingual legal services (incorporation package) | ₩3-5M | SMA Lawfirm |
| Government registration fees | ₩500K-800K | Korean registry office |
| Capital deposit minimum | ₩100M (refundable as company capital) | Bank |
| Bank account setup coordination | Included in legal package | Attorney + Bank |
| FDI registration | Included in legal package | KOTRA |
| Document translation & notarization | Included in legal package | Attorney |
| First-year accounting (optional) | ₩1-2M | Bilingual accountant |
| Virtual office (optional) | ₩300K-600K/year | Service provider |
Total initial cost: ₩4-8 million (~$3,000-$6,000 USD) excluding capital deposit
Transparent pricing: At SMA Lawfirm, we provide fixed-fee quotes — no hourly billing, no hidden charges.
Success Stories: Companies We’ve Helped (No Korean Required)
Tech Startup (USA)
Challenge: Silicon Valley founders wanted Korean subsidiary, zero Korean skills Solution: Complete incorporation, FDI registration, and D-8 visa in 8 weeks — entirely in English Outcome: Operational with Korean team, all contracts managed via bilingual legal counsel
E-Commerce Business (UK)
Challenge: Needed VAT-compliant Korean entity for cross-border sales Solution: LLC registration, tax setup, ongoing compliance via English-language accountant Outcome: ₩2B annual revenue, zero Korean language requirements for UK management
Consulting Firm (Singapore)
Challenge: Regional expansion, needed Seoul branch office fast Solution: Branch registration, work visa coordination, virtual office + bilingual admin support Outcome: Fully operational in 6 weeks, serving Korean clients via bilingual staff
Common Misconceptions About Language Barriers
Myth 1: “I need to speak Korean to open a bank account”
Reality: Major Korean banks have international business centers with English-speaking staff. Your attorney coordinates the process and provides certified translations of corporate documents.
Myth 2: “All government websites are Korean-only”
Reality: KOTRA, National Tax Service, and Immigration websites offer English versions with key forms and guidance translated.
Myth 3: “I can’t hire employees without Korean”
Reality: Many foreign companies operate with bilingual HR staff or agencies who handle employment contracts, payroll, and labor compliance in Korean. You manage hiring decisions in English.
Myth 4: “Legal disputes require Korean lawyers only”
Reality: International law firms in Korea (like SMA Lawfirm) provide fully bilingual representation in Korean courts and arbitration proceedings.
Why Choose SMA Lawfirm for No-Korean-Required Company Formation
200+ Foreign Companies Served
We’ve helped entrepreneurs from:
- 🇺🇸 United States
- 🇬🇧 United Kingdom
- 🇸🇬 Singapore
- 🇦🇺 Australia
- 🇨🇦 Canada
- 🇩🇪 Germany
- 🇫🇷 France
- 🇯🇵 Japan
Zero Korean language skills required from any client.
Our Bilingual Process
- Initial consultation (email or video call) — In English
- Entity selection guidance — In English
- Document drafting (bilingual Korean + English) — English versions for your review
- Government filings — We handle Korean submissions
- Bank coordination — We arrange English-speaking appointments
- Status updates — Weekly emails in English
- Final handoff — All documents with certified English translations
Timeline: 2-4 weeks from consultation to registered company
Pricing: Transparent fixed fees disclosed upfront
Licensed Korean Attorneys with International Experience
- 10+ years practicing at Kim & Chang (Korea’s top law firm)
- Ministry of Justice and Prosecutor’s Office background
- Fluent English — educated and trained internationally
- 200+ foreign investors successfully guided through Korean incorporation
Next Steps: Register Your Company Today
You don’t need Korean language skills to establish a successful business in South Korea — you need the right bilingual support team.
SMA Lawfirm provides end-to-end company formation services with a fully English-language workflow, ensuring:
- ✅ No Korean language barrier
- ✅ Transparent, fixed-fee pricing
- ✅ 1-2 week incorporation timeline
- ✅ Licensed attorney oversight
- ✅ Ongoing English-language compliance support
📩 Ready to start your Korean company without language barriers? Email us or launch your secure intake — we respond within 1 business day with a clear timeline and pricing.
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