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South Korea × Corporate & Entity Services
Setting up companies abroad, and keeping them in good standing. In South Korea, that means local law, local regulators and local practice, handled by a qualified professional who practises there.
On request
No WONE Global Partner holds this yet. Send us your requirement: WONE Global confirms whether a vetted Associate firm can act, tells you who it is and checks for conflicts before any work begins.
Bring a requirement →Seoul · Wednesday 4 November
05:45
Local time
What the rules say in South Korea
From the South Korea market guide: the points that matter most for corporate & entity services, each with the source it was checked against.
Essentials guide · Source-checked research100% of statements checked against a source10 checked against an official source35 checked against a secondary sourceChecked 2026-10-19Not yet professionally reviewed
To count as foreign direct investment under the Foreign Investment Promotion Act, an investment must generally be at least KRW 100 million and give the investor 10 percent or more of the voting shares.
An alternative test based on equity plus the right to appoint officers also exists.Invest KOREA (KOTRA) · checked 2026-10-19A foreign investment notification must be filed with KOTRA, a foreign exchange bank in Korea or another delegated agency before the investment funds are remitted, and a certificate of notification is then issued.
Investments under the Foreign Investment Promotion Act.Invest KOREA (KOTRA) · checked 2026-10-19Foreign investment generally does not need prior government approval, but a limited list of sectors is wholly or partly restricted, including defence, broadcasting, air transport and financial services.
Chambers and Partners (Dentons Lee) · checked 2026-10-19There is no statutory minimum capital for most company forms, although an investment must reach KRW 100 million to qualify as foreign direct investment.
Chusik hoesa, yuhan hoesa and yuhan chaegim hoesa.Chambers and Partners (Dentons Lee) · checked 2026-10-19A stock company needs at least three directors, but a company with capital under KRW 1 billion may have one or two directors and need not appoint an auditor.
Stock company (chusik hoesa).Invest KOREA (KOTRA) · checked 2026-10-19A branch of a foreign company must appoint a representative and register with the court, while a liaison office may carry out only non-sales functions and does not need court registration.
Branches are treated as permanent establishments for tax.Enterprise Singapore · checked 2026-10-19A virtual office address is not sufficient for business registration.
Enterprise Singapore · checked 2026-10-19Branch offices of foreign companies are regulated under the Foreign Exchange Transactions Act.
Branches and liaison offices; subsidiaries follow the Foreign Investment Promotion Act route.Enterprise Singapore · checked 2026-10-19Read the full guide: Entry, investment and company formation
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Also in South Korea
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Cases
The cases this service leads or joins, each with what is at stake, how WONE Global handles it and who handles it in South Korea.
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