Company Registration South Korea
South Korea Company Registration made simple. Get clear guidance on eligibility, forms, fees and turnaround time, plus expert filing support from I-Pro Solutions's.
Dedicated specialist
CA-led, named point of contact
Tracked client portal
Real-time status, end-to-end
Money-back accuracy
Refile-free if our error
Flat-fee pricing
No hidden charges, ever
About this service
Company Registration South Korea provides statutory compliance and legal protection under the governing regulatory frameworks in India. Our specialist CA/CS team handles document drafting, eligibility verification, and direct authority filings from initiation to final certification.
Eligibility & thresholds
- Valid identity & address proof of applicant
- Active PAN & registered business premises
- Authorized representative authorization
- Compliant under applicable regulatory laws
- No pending statutory disqualifications
- Valid across authorized operational jurisdictions
- Pre-filing statutory documentation verification
- Official statutory fee schedule as per authority
- Mandatory periodic compliance filings post-approval
What's included
Everything in one transparent fee โ no add-ons, no surprises.
Government charges only โ separate from I-Pro's professional fee. All figures verified as of 25 August 2026.
| Fee Component | Amount (โน) | Basis / Authority |
|---|---|---|
| Company Registration South Korea Statutory Fee | KRW 100,000 - 200,000 | Official government fee schedule (separate from professional fee)Statutory Authority |
| Total Government Fee | KRW 100,000 - 200,000 | (for default assumptions stated below) |
Government charges only โ separate from I-Pro's professional fee. Verified 25 August 2026.
Required documents
Each list identifies exactly what to provide โ and what you do not need to submit. Use the accordions to expand.
- โบForeign Investment Notification (FIA) filed with KOTRA or a foreign exchange bank; apostilled passpo โ Foreign Investment Notification (FIA) filed with KOTRA or a foreign exchange bank; apostilled passport copies; corporate registry application (Supreme Court iROS); Articles of Incorporation (Jung-gyu); bank reference; business plan; registered office address in Korea.
How it works
Each step is labelled with who performs it โ Customer, I-Pro, or the Regulator. Form names are linked to the official portal.
- 1Customerโฑ 1 - 3 Days
Step 1: File Foreign Investment Notification (FIA) with KOTRA or designated foreign e...
File Foreign Investment Notification (FIA) with KOTRA or designated foreign exchange bank. - 2I-Proโฑ 1 - 3 Days
Step 2: Open foreign investment bank account at Korean bank (Shinhan, KB Kookmin, Han...
Open foreign investment bank account at Korean bank (Shinhan, KB Kookmin, Hana, Woori) and remit capital (โฅKRW 100M for FIPA regime). - 3I-Proโฑ 1 - 3 Days
Step 3: Draft Articles of Incorporation (Jung-gyu)
Draft Articles of Incorporation (Jung-gyu) โ Korean language. - 4I-Proโฑ 1 - 3 Days
Step 4: Register at Supreme Court Registry Office (iROS)
Register at Supreme Court Registry Office (iROS) โ registration tax (local) payable. - 5I-Proโฑ 1 - 3 Days
Step 5: Obtain Business Registration Certificate (Saeobja Deungrok Jeungmyeongseo) fr...
Obtain Business Registration Certificate (Saeobja Deungrok Jeungmyeongseo) from NTS (Korean IRS). - 6I-Proโฑ 1 - 3 Days
Step 6: Register for VAT (Bu-ga-ga-se) with NTS.
Register for VAT (Bu-ga-ga-se) with NTS. - 7Regulatorโฑ 1 - 3 Days
Step 7: Open corporate bank account; register employees with National Pension Service...
Open corporate bank account; register employees with National Pension Service, Health Insurance, Employment Insurance.
Post-registration compliance
What to file next. I-Pro handles these as part of the annual compliance package.
| Filing | Form | Deadline |
|---|---|---|
| Commencement of Business (Form INC-20A) Penalty: โน50,000 for company + โน1,000/day for directors (max โน1 Lakh) | One-time mandatory | Within 180 days of incorporation after bank capital deposit |
| First Auditor Appointment (Form ADT-1) Penalty: Statutory non-compliance; prosecution of defaulting officers | 5-year tenure | Within 30 days of incorporation by Board of Directors |
| Annual Financial Statements (Form AOC-4) Penalty: โน100 per day of delay per form with no statutory ceiling | Annual | Within 30 days of AGM (by 29 October annually) |
| Annual Return (Form MGT-7) Penalty: โน100 per day of delay per form with no statutory ceiling | Annual | Within 60 days of AGM (by 29 November annually) |
| Director KYC Verification (DIR-3 KYC) Penalty: โน5,000 statutory fee per DIN + deactivation | Annual | Every designated partner / director holding active DIN by 30 September |
Penalties for non-compliance
Statutory penalties under governing regulatory provisions. Avoid non-compliance delays.
| Non-compliance | Provision | Penalty |
|---|---|---|
| Commencement of Business (Form INC-20A) | One-time mandatory | โน50,000 for company + โน1,000/day for directors (max โน1 Lakh) |
| First Auditor Appointment (Form ADT-1) | 5-year tenure | Statutory non-compliance; prosecution of defaulting officers |
| Annual Financial Statements (Form AOC-4) | Annual | โน100 per day of delay per form with no statutory ceiling |
| Annual Return (Form MGT-7) | Annual | โน100 per day of delay per form with no statutory ceiling |
| Director KYC Verification (DIR-3 KYC) | Annual | โน5,000 statutory fee per DIN + deactivation |
Common mistakes to avoid
Avoidable filing errors that cause delays or rejection. Each can be resolved before submission.
- 1Mismatched applicant legal name or identity details across KYC proofsWhy: Government verification APIs cross-check with UIDAI and MCA databases and automatically flag discrepancies in spelling or dates.Fix: Our specialists pre-validate your documents against official government databases before portal filing.
- 2Submitting outdated utility bills or non-notarized commercial leasesWhy: Premises proofs older than 60 days or defective landlord NOCs trigger statutory scrutiny queries and multi-week processing delays.Fix: We verify recent billing dates and provide pre-formatted, legally vetted landlord NOC and lease formats.
- 3Selecting incorrect classification, turnover slab, or statutory activity codeWhy: Applications filed under inappropriate classifications attract show-cause notices and potential rejection without statutory fee refund.Fix: We conduct a statutory scope assessment to align your application with the exact regulatory requirements.
Frequently asked questions
Everything you need to know about this service.
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