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What qualifications and visa requirements must a foreigner meet to open a business establishment or run a business as a co-representative in Korea? I am considering starting a business as a sole proprietor. Released

2024-11-05 12:40
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The visas that allow foreigners to register a business in Korea are as follows:

  • D8 (Corporate Investment) visa
  • D9 (Trade Management) visa
  • F2 (Residency) visa
  • F4 (Overseas Korean) visa
  • F5 (Permanent Resident) visa
  • F6 (Marriage) visa

Additionally, the national spouse visa (F-6-1) is issued to foreigners married to Koreans. With this visa, you can engage in general business activities and register as a sole proprietor in Korea.

Required documents for foreign business registration:

  1. Business Registration Application
  2. Lease Contract
  3. Copy of the License (if the business requires any)
  4. Copy of the Foreigner Registration Card
  5. Tax Manager Appointment Report (if there's no domestic employee handling tax matters)
  6. Partnership Agreement (if it's a joint business, notarization required)
Thank you!

JJ Goh
Representative Customs Broker
NPU Customs Consulting
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