Saturday, 15 October 2016

Business registration number in Korea (사업자등록증)

Want to get a business registration number (사업자등록증)? A business license is required to pay tax (VAT: value-added tax), advertise on a lot of websites like Naver and post on shopping websites like Gmarket. If you have a F-2, 4, 5, 6 visa, you can start a business very easily. If not, you need to make a minimum investment of 100,000 USD.

F visas

F-2 Resident (거주)
F-4 Overseas Korean (재외동포)
F-5 Permanent resident (영주)
F-6 Marriage to Korean Citizen (결혼이민)





If you are thinking of a sole proprietorship, you only need to drop by a district tax office (지방세무) with the lease contract of your office and your Korean ID card (alien registration card: 외국국적등표, or 외국인 체재증) to get a business license.

As for a corporation, you set a foundation capital and incorporated company first and apply for a business license. For incorporation, you should go to the Seoul Global Center (서울글로벌센터) office after making an appointment.

Seoul Global Center

38 Jong-ro, Jongno-gu, Seoul, 110-792, Korea
110-792 서울특별시 종로구 종로 38 (서린동) 서울글로벌센터
TEL  +82 2 2075 4139  l  FAX  +82 2 723 3206

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