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Investment Guide

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Investment Policies
Investment Procedures
Establishment of Corporations

Investment Procedures

Foreign Investment Procedures

Foreign investment procedures consist of foreign investment report, remittance of investment fund, registration of incorporation & business, and registration of a foreign-invested company. The procedures applied to foreigners are basically the same as for Koreans except for the two additional steps: foreign investment report and registration of a foreign-invested company. Where a foreign investor registers a privately-owned business, 'registration of incorporation' is not required.

  1. Foreign Investment Notification
    [Invest KOREA (KOTRA),
    foreign exchange bank]
  2. Investment Capital Remittance
    (Foreign exchange bank,
    Carried through customs)
  3. Incorporation Registration
    (court registry office)

    Incorporation Notification &
    Business Registration
    (municipal tax office)
  4. Paid-In Capital Transfer to
    Corporate’s Account
    (Foreign exchange bank)
  5. FDI Company Registration
    (first reported organization)
Follow-up Management of Foreign Investment

Where a foreign investor or a foreign-invested company has completed payment of object of investment or acquired existing stocks, etc., he/she/it shall take the necessary steps to register a foreign-invested company and notify the president of KOTRA or the head of a foreign exchange bank as prescribed by Acts and Statutes of the Republic of Korea. The registration may be cancelled for certain reasons.