Korea Incorporation (Bank + Tax Included)
Licensed Korean attorneys with 10+ years experience at Kim & Chang and the Ministry of Justice. Start Company Korea provides a single workflow for incorporation, corporate bank account setup, and tax registration, at transparent fixed fees and with no Korean language required. We handle the filings, documents, and coordination so overseas founders can launch without language barriers.
Typical timeline: 1–2 weeks for incorporation once documents are ready. Banking and tax onboarding usually adds 1–2 weeks depending on the bank and document readiness. All fees are disclosed upfront — no hidden charges, no hourly billing surprises.
Our managing attorney is the sole author of the Korea chapter of Lexology In-Depth: Foreign Direct Investment Regulation Guide — the same FDI rules this service navigates, written up each year for an international readership. SAEMUNAN Law Firm and managing attorney Donghyeon Kim are listed on Invest KOREA's Law Firms directory operated by KOTRA.
What is included
- Entity selection guidance — LLC, JSC, branch office, or liaison office, matched to your business model and investor structure.
- Bilingual incorporation package — charter, shareholder agreements, board resolutions, and notarized powers of attorney prepared by licensed attorneys.
- Foreign investment notification and registry filings, including D-8 investor visa filings where applicable.
- Tax ID and VAT registration, with a compliance checklist covering your first filings.
- Corporate bank account coordination, virtual office and payroll setup, and ongoing support through trusted local partners.
Workflow
- Step 1
Scope & timeline confirmation
Email us your business objectives, ownership structure, and timeline. Within 1 business day we confirm the best entity type and respond with a tailored questionnaire, document checklist, and a fixed-fee proposal — no Korean language required.
- Step 2
Incorporation documents
Our licensed attorneys draft bilingual charters, shareholder agreements, board resolutions, and powers of attorney. You sign remotely; we handle notarization and apostille where required and review submissions asynchronously across time zones.
- Step 3
Government filings
We file company registration with the Korean registry, the foreign investment notification where applicable, and tax ID/VAT registration in sequence — with status updates at each step.
- Step 4
Banking, compliance & handoff
We coordinate corporate bank account opening, virtual office arrangements where needed, and connect you with bookkeeping and payroll partners. You receive a handoff package with every certificate, registration, and an ongoing compliance checklist.
FAQ
How does pricing work?
Clear fees with no hidden costs. After the initial consultation we provide a fixed-fee proposal separating legal fees, government charges, and third-party costs such as notary and apostille. Once approved we issue an engagement letter — no hourly billing, no surprises.
How long does the full process take?
Incorporation typically takes 1–2 weeks once documents are ready and apostilled where required. Bank account and tax onboarding can add another 1–2 weeks depending on the bank and document readiness. Visa timelines vary by type and are confirmed during consultation.
Do I need to speak Korean?
No Korean language required. Our licensed attorneys handle every communication with government agencies, notaries, and banks in Korean, while keeping an entirely English-language workflow with you over email and secure document sharing.
Does this include corporate bank account setup?
Yes. We coordinate bank onboarding and help you prepare the required documents. Bank approval timelines vary by bank and shareholder profile, but we stay with you through the process.
Are tax registrations included?
Yes. We handle tax ID and VAT registration and provide a compliance checklist for your first filings. Ongoing bookkeeping can be handled by our partner firms if you want it.
What documents should I prepare in advance?
Typically: shareholder passports, proof of overseas company registration for corporate investors, a Korean address for registration, and a brief business plan. We send a detailed checklist tailored to your entity type during the initial consultation.
Can I incorporate without a physical office?
In many cases, yes. We advise on virtual office options that meet Korean registration requirements, and flag the situations — D-8 visa applications in particular — where physical office substance is examined more closely.
Can you assist after incorporation?
Yes. We support ongoing tax compliance, visa renewals, employment registrations, contract review, and general corporate matters, and coordinate with trusted partners for bookkeeping, payroll, and specialized tax advisory.