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Setting up a BRANCH in South Korea


  • Notification of  Branch Establishment to Exchange Bank
  • Opening Bank Account
  • Dossier Preparation
  • Registration to a Court in Korea
  • Business Registration
  • Supporting Office Lease
  • Relevant Legal Counseling


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Branch Office

  • To protect those who transact with Foreign Company, the Commercial Act requires certain conditions from Foreign Company which engages in business in Korea.

    The requirements are:

    • Appoint a representative of the branch in Korea
    • Establish a business office in Korea,or have one or more representatives have his/her address in the Republic of Korea
    • Make the same registration as that of a branch office of a company incorporated in Korea of the same kind or of the most similar kind. A foreign company shall register thegoverning law under which it was incorporated and thename andaddress of its representative in Korea.

    A “branch office” attempts sales activities in Koreato generate profits. This is the main difference with a “liaison office” which does not conduct sales activities to generate profit, but carries out non-sales functions such as business contacts, market research, etc.Liaison offices are limited in their scope of activities because they arenot allowed to sell products directly on behalf of the headquarters.

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