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The Hammer
Joined: 18 Jan 2003
Location: Ullungdo 37.5 N, 130.9 E, altitude : 223 m
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 Posted: Tue Aug 14, 2007 3:53 am Post subject: Can an F2-1 Visa holder get a business license? |
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Can an F2-1 Visa holder get a business license and a tax account number?
Can an F2-1 Visa holder open an office and provide corporate training?
If it is possible, could someone in the know please refer me to the Korean regulations that cover this issue? I would appreciate it.
(I've read the FAQ, but did not find the answers to these two questions.) |
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Captain Corea
Joined: 28 Feb 2005
Location: Seoul
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| Posted: Tue Aug 14, 2007 5:33 am Post subject: |
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I did both.
It is possible.
You're going to run into some problems with the corporate training bit though... if they refer you to the Ed Ministry, have fun with their hoops.
Have you at least tried to do this yet? |
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The Hammer
Joined: 18 Jan 2003
Location: Ullungdo 37.5 N, 130.9 E, altitude : 223 m
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| Posted: Tue Aug 14, 2007 5:59 am Post subject: |
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| Captain Corea wrote: |
I did both.
It is possible.
You're going to run into some problems with the corporate training bit though... if they refer you to the Ed Ministry, have fun with their hoops.
Have you at least tried to do this yet? |
No, I have not tried it yet.
Currently, I have a D8 Investor visa and a D2 student visa. I also have a business license and a tax account. Due to my studies I have not been working, and I can't show immigration any financial results. Last time I renewed I explained that I was a student, but they said they won't renew my D8 come September without seeing some results. Well, September is coming, and I have to visit immigration soon. I expect that they are going to be less than friendly about renewing the D8. In other news, I got married recently, so that's why I am asking about the F2-1. |
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The Hammer
Joined: 18 Jan 2003
Location: Ullungdo 37.5 N, 130.9 E, altitude : 223 m
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| Posted: Tue Aug 14, 2007 5:52 pm Post subject: |
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The international student office called immigration for me yesterday and they said I could have a business. To what extent do any of you know this to be true? What are the limitations?
Are there any F2-1 business owners out there?
Captain Corea,
You said you have a bus license and tax account. Are you allowed to open an office?
Cheers,
The Hammer |
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exit86
Joined: 17 May 2006
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| Posted: Tue Aug 14, 2007 6:44 pm Post subject: |
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I have similar questions regarding my visas. I've had the hardest time getting any answers. The immigration web site is less-than-helpful.
On their "Q&A" section I always "Q" but never get an "A," just
the same "Processing" tag on my question (I've had one question "Processing" for almost a year now).
I've telephoned immigration several times and have gotten different answers each time. Unsurprisingly, from this experience, I've somehow acquired the impression that the people in charge of this division of the K. government have no idea as to what the heck is going on.
Therefore, my question is, "How can I get my visa questions answered properly?" Does anybody have any good advice drawn from successful personal experience in this matter? Such advice might benefit the above individuals with visa questions and just might also benefit humanity as a whole, making this world a far brighter and more wonderful place.
That is my hope at least. . . . |
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Typhoon
Joined: 29 May 2007
Location: Daejeon
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| Posted: Tue Aug 14, 2007 8:35 pm Post subject: |
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One day...that is the answer. Go to immigration in the morning right when it opens. Find out what you need from an officer (and get their name). Then go out and get the documents you were told to. Then go back to the same officer you talked to and you are done. Makes for a busy day, but that way you don't have the headache of getting docs you don't need, or not having docs that they want you to have.
As for the OP's questions. I can only say with an F2 you don't need anything from immigration to open a business. You will need to go through the same offices that a Korean would to get the licenses that you want. I have no idea what they offices you would need to go to. I am sure your wife can find out on the Korean government pages. They seem to be pretty helpful. |
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Captain Corea
Joined: 28 Feb 2005
Location: Seoul
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| Posted: Tue Aug 14, 2007 9:10 pm Post subject: |
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| Typhoon wrote: |
As for the OP's questions. I can only say with an F2 you don't need anything from immigration to open a business. You will need to go through the same offices that a Korean would to get the licenses that you want. I have no idea what they offices you would need to go to. I am sure your wife can find out on the Korean government pages. They seem to be pretty helpful. |
Yup yup, he's right.
The Gov. office might or might not be helpful though. I had an officer push my paper work back at me (a couple of times) and say "Foreigners can't own a business here". Luckily, his coworker straightened him out.
My Apartment is registered as an Apartment but it is in a building that is called a "Jusan-bok-hup". I was able to register it as part of my business as an office (the local ministry even sent someone out to confirm it). |
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The Hammer
Joined: 18 Jan 2003
Location: Ullungdo 37.5 N, 130.9 E, altitude : 223 m
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| Posted: Wed Aug 15, 2007 7:49 pm Post subject: |
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| Captain Corea wrote: |
| Typhoon wrote: |
As for the OP's questions. I can only say with an F2 you don't need anything from immigration to open a business. You will need to go through the same offices that a Korean would to get the licenses that you want. I have no idea what they offices you would need to go to. I am sure your wife can find out on the Korean government pages. They seem to be pretty helpful. |
Yup yup, he's right.
The Gov. office might or might not be helpful though. I had an officer push my paper work back at me (a couple of times) and say "Foreigners can't own a business here". Luckily, his coworker straightened him out.
My Apartment is registered as an Apartment but it is in a building that is called a "Jusan-bok-hup". I was able to register it as part of my business as an office (the local ministry even sent someone out to confirm it). |
Captain Corea,
May I ask, what kind of business do you have?
Would you have any problems if you opened an office that was not in your apartment?
What are you legally able to offer in terms of products or services?
Did the government set any limitations on what you can do?
Can you hire employees?
Do any of you have examples of businesses operated by F2-1 visa holders? If so, what types of businesses are they? Website addresses?
The answers to these questions could be very helpful to other F2-1 visa holders who are thinking of starting their own businesses.
Cheers,
The Hammer |
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Captain Corea
Joined: 28 Feb 2005
Location: Seoul
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| Posted: Thu Aug 16, 2007 6:02 am Post subject: |
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| The Hammer wrote: |
| Captain Corea wrote: |
| Typhoon wrote: |
As for the OP's questions. I can only say with an F2 you don't need anything from immigration to open a business. You will need to go through the same offices that a Korean would to get the licenses that you want. I have no idea what they offices you would need to go to. I am sure your wife can find out on the Korean government pages. They seem to be pretty helpful. |
Yup yup, he's right.
The Gov. office might or might not be helpful though. I had an officer push my paper work back at me (a couple of times) and say "Foreigners can't own a business here". Luckily, his coworker straightened him out.
My Apartment is registered as an Apartment but it is in a building that is called a "Jusan-bok-hup". I was able to register it as part of my business as an office (the local ministry even sent someone out to confirm it). |
Captain Corea,
1) May I ask, what kind of business do you have?
2) Would you have any problems if you opened an office that was not in your apartment?
3) What are you legally able to offer in terms of products or services?
4) Did the government set any limitations on what you can do?
5) Can you hire employees?
6) Do any of you have examples of businesses operated by F2-1 visa holders? If so, what types of businesses are they? Website addresses?
The answers to these questions could be very helpful to other F2-1 visa holders who are thinking of starting their own businesses.
Cheers,
The Hammer |
1) Sorry mate, not keen on posting all of that here.
2) Nope, they'd be fine with it.
3) That would be directly tied to what type of business I own. 
4) Yes, they are determined by the type of business you are registered as.
5) Yes, I've had a total of 5 so far.
6) Sorry man, not off the top of my head. I think you might contact your embassy for a related chamber of commerce though. |
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The Hammer
Joined: 18 Jan 2003
Location: Ullungdo 37.5 N, 130.9 E, altitude : 223 m
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| Posted: Thu Aug 16, 2007 7:45 am Post subject: |
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Captain Corea,
Thanks for the response!
Since it is possible for F2-1 visa holders to own businesses, I wonder why there isn't more discussion about business ownership on this board.
Does anyone else know of F2-1 run businesses? |
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Cheonmunka
Joined: 04 Jun 2004
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| Posted: Thu Aug 16, 2007 12:59 pm Post subject: |
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For a study room I pushed my wife to find out. She was told 'No' by the local Ed. office. So, pissed off as she was, she had no choice but to go through the channels and talk with a well known minister at the Ministry of Ed. head office in Seoul - the guy in charge of all the hakwons in Korea. He sorted it out with the Kyongi Dept of Ed. who sorted out the local office. This was two years ago. It took time, effort, and guts on her part. Anyone with a study room in Kyongi-do, in part you can thank my wife for making it easier.
You ask why people aren't running threads about business. I've the same thought about why some don't have interests that entail normal life. Most ESL people here are straight from school. They are more interested in why they drool on their pillows than, for example, how they can manage their children's and their own integration in the community. |
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exit86
Joined: 17 May 2006
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| Posted: Fri Aug 17, 2007 1:05 am Post subject: |
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I am in total agreement with you both. I am a bit of a settled-in long-timer here and have a view to an even longer time here. There
are so many opportunities in this country for all individuals living here.
I think people with a Western cultural background may have the advantage in terms of insight into and identification of various business opportunities which the locals may have no prior experience with. Being non-Korean though tends to make the road a bit bumpier when pursuing
such opportunities. I wonder if any of you may know of a different website or forum for those of us here for the long haul, where one can gain helpful and valuable insight into making this foreign system more navigateable--be it in terms of entrepreneurialism, long-term visa issues, marriage and raising children in Korea, purchasing real estate, etc.? (Sometimes it's a bit trying when you have a serious question or query and the only answers you get are silly remarks from 1 or 2 or 3-year K. veterans who have undoubtedly seen it all and know everything about Korea.) Any info in this regard would be greatly appreciated and constructively put to use. I wish there could be more forums/blogs like what we've seen on this brief thread. Thank you to everyone who has posted on this thread, because I've learned a few things which will help me a lot. |
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The Hammer
Joined: 18 Jan 2003
Location: Ullungdo 37.5 N, 130.9 E, altitude : 223 m
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| Posted: Wed Aug 22, 2007 7:04 am Post subject: |
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| exit86 wrote: |
I am in total agreement with you both. I am a bit of a settled-in long-timer here and have a view to an even longer time here. There
are so many opportunities in this country for all individuals living here.
I think people with a Western cultural background may have the advantage in terms of insight into and identification of various business opportunities which the locals may have no prior experience with. Being non-Korean though tends to make the road a bit bumpier when pursuing
such opportunities. I wonder if any of you may know of a different website or forum for those of us here for the long haul, where one can gain helpful and valuable insight into making this foreign system more navigateable--be it in terms of entrepreneurialism, long-term visa issues, marriage and raising children in Korea, purchasing real estate, etc.? (Sometimes it's a bit trying when you have a serious question or query and the only answers you get are silly remarks from 1 or 2 or 3-year K. veterans who have undoubtedly seen it all and know everything about Korea.) Any info in this regard would be greatly appreciated and constructively put to use. I wish there could be more forums/blogs like what we've seen on this brief thread. Thank you to everyone who has posted on this thread, because I've learned a few things which will help me a lot. |
Sorry I don't know of any other forums, but if by some miracle I discover one I'll let you know. |
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Captain Corea
Joined: 28 Feb 2005
Location: Seoul
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