Incorporation Documents
Documents for incorporation for a Subsidiary (or a Joint Venture)
1. By using "issue of new stock method"
1) Bank approval
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- Application
- Power of attorney to appoint a trustee for submission
 
2) Wire paid-up capital
- Must notify receiving bank, sender, receiver and mark of "this fund is for establishment of XX Co., Ltd."
 
3) Court registraion
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Approval from bank
Acceptance of election for directors and a internal auditor 
Certificate of Corporate Seal
Power of attorney to appoint a trustee from Shareholder
Power of attorney to appoint a trustee for foreign directors and a internal auditor
Certificate of holding paid-up capital in special deposit
Certificate of Shareholder Company��s incorporation
 
4) The Company can withdraw deposit after court registration. For this, it must submit corporate seal, certificate of corporate seal and corporate court register
 
5) Tax Office registration
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Application
Corporate court register
Copy of office lease agreement
Shareholder��s list
 
6) Open a corporate bank account
 
7) Bank registration as foreign direct invested company
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Application 
Corporate court register 
Slip of currency disposal 
2. By using "transfer of old stock method"
1) Bank approval
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Application 
Power of attorney to appoint a trustee for submission
 
2) Wire paid-up capital


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Must notify receiving bank, sender, receiver and mark of "this fund is for establishment of XX Co., Ltd."
Transfer fund to seller of old stocks
 
3) Bank registration as foreign direct invested company
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Application 
Certificate of stock transfer
Slip of currency disposal 
  • INAA GROUP
  • Compandben SA
  • High Street Partners
  • Invest Korea
  • Seoul Global Center
  • Knowing about Korea
  • National Tax Service
  • Minstry of Labor
  • National health Insurance
  • National Pension Service
  • Compensation & Welfare Service