top of page

Establishing a Korean Company from Abroad: A Comprehensive Guide




In an era of global connectivity, setting up a business in South Korea has never been more accessible for foreigners. Thanks to advancements in digital technology and a supportive legal framework, you can establish your Korean company without physically being in Korea. This process involves court registration, tax registration at the tax office, and opening a bank account with internet banking facilities.


Once these steps are completed, you can transfer funds between overseas accounts for commercial purposes, provided it's not for money laundering. This means you can operate your company remotely from your home country.


However, navigating the complexities of Korean business law and taxation can be challenging. This is where the need for professional assistance arises. You'll need a lawyer or scrivener, a tax accountant, and a Certified Public Accountant (CPA) to act as your agents during the setup process.


JzAssociates is a group that offers all these services under one roof. With a single Power of Attorney (PoA), they can handle all the necessary procedures to establish your Korean company.


With over 40 years of experience in shared services, Jz has earned a stellar reputation among foreign clients. Their team of dedicated associate partners includes experienced Lawyers, Scriveners, CPAs, Tax Accountants, and partner banks. These professionals work tirelessly to ensure your business setup process is seamless and efficient.


If you would like to schedule a call with Jz, please Schedule a Google Meet Here


FAQs:


1. Can a foreigner set up a Korean company without being present in Korea?

Yes, a foreigner can set up a Korean company remotely without being physically present in Korea.


2. What are the requirements to set up a Korean company from abroad?

The process involves court registration, tax registration at the tax office, and opening a bank account with internet banking facilities.


3. Can I operate my Korean company remotely?

Yes, once the setup process is completed, you can operate your company remotely from your home country.


4. What professional assistance do I need to set up my Korean company?

You'll need a lawyer or scrivener, a tax accountant, and a Certified Public Accountant (CPA) to act as your agents.

Jz can provide all of these services and act like your In-House CFO.


5. What services does JzAssociates offer?

JzAssociates offers comprehensive services for setting up and operating a Korean company, including legal, accounting, tax, and banking assistance.


Keywords: Korean Company Setup, Remote Business Operation, Court Registration, Tax Registration, Internet Banking, Overseas Fund Transfer, Legal Assistance, JzAssociates, CPA Services, Power of Attorney



Tags:

bottom of page