Establishment o……

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Establishment o……

Establishment of a foreign investment corporation, a foreign-invested …

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Member 최고관리자 작성일23-09-26 20:29 Hits770회

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It refers to the establishment (including the corporation under establishment) of a local corporation in Korea according to the Foreign Investment Promotion Act.
The provisions of the Foreign Investment Promotion Act and the Commercial Act apply to investment by foreigners or foreign companies through the establishment of local subsidiaries in Korea
I think it's a corporation.
There are four types of companies that can be established: partnerships, joint ventures, stocks, and limited companies, and in the case of foreign investment, investments previously
The amount was more than 100 million won per person, but the investment amount was revised to more than 300 million won as of June 2013.
The establishment of a foreign investment corporation is basically a domestic corporation, except for the foreign investment report submitted to the bank and the registration procedure of the foreign investment corporation
It is the same as the establishment procedure, but due to the nature of a foreign investment corporation, documents necessary for establishment from foreigners or foreign corporations who are investors are in English
There are practical difficulties such as having to receive it.

The Korean branch of a foreign non-profit corporation can literally be the Korean branch of a foreign corporation

To make this independent, a non-profit corporation or foundation must be separately approved by the competent authority.
The establishment process must be carried out as it is in the process of establishing a non-profit corporation in Korea
If a foreigner takes office as an executive officer, more than half of them must be Korean, and the foreigners must be an executive,
- If you enter Korea, notarize your passport or ID card and go through the procedure
- If you do not enter Korea, you must receive an apostille including documents (corresponding to the Korean seal certificate) and an acceptance letter.
The articles of incorporation may be translated and used, but provisions separately stipulated in domestic laws must be inserted.

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