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little_kitty
Joined: 23 Jul 2009
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 Posted: Sun Jul 10, 2011 5:15 am Post subject: Starting A Web-based Business In Korea |
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I would like to start a web-based business in Korea. As a foreigner (E-2), can I legally start a business here or will I need a Korean to open it in their name or something like that. I want to advertise in Korea in print, so I'm sure I need a legit business license.
I'm not quite sure where to start trying to discover the legalities, taxes, etc. involved in this. Any help would be very appreciated. |
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jizza
Joined: 24 Aug 2009
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| Posted: Sun Jul 10, 2011 5:21 am Post subject: |
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| You can't start a business on an E2. It's an English-teaching only visa. You can't teach privates either. |
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robinsoncrusoe
Joined: 22 Jan 2010
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| Posted: Sun Jul 10, 2011 7:30 am Post subject: Re: Starting A Web-based Business In Korea |
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| little_kitty wrote: |
I'm not quite sure where to start trying to discover the legalities, taxes, etc. involved in this. |
there's nowhere to start. you're just not allowed to do it on your visa. It needs to be an F-class, not E. |
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FDNY
Joined: 27 Sep 2010
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| Posted: Sun Jul 10, 2011 3:56 pm Post subject: |
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| I think if you have to ask that question, then you do not have the knowledge or experience to open a web based business. By definition a web based business could be in Kandahar Province in Afghanistan and it would make no difference to your Korean visa. Also, using a payment system like CCBill or Pay-pal is also totally without borders and the money can go to any account in any country. If a Korean orders shoes from a US based country does immigration check that the owner of the internet site has an E-2 visa? Don't be absurd. Piece of advice, don't bother. |
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FDNY
Joined: 27 Sep 2010
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| Posted: Sun Jul 10, 2011 3:59 pm Post subject: |
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| jizza wrote: |
| You can't start a business on an E2. It's an English-teaching only visa. You can't teach privates either. |
Totally wrong and without any basis in fact. Get server space in another country and use an international payment system. |
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FDNY
Joined: 27 Sep 2010
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| Posted: Sun Jul 10, 2011 4:00 pm Post subject: Re: Starting A Web-based Business In Korea |
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| robinsoncrusoe wrote: |
| little_kitty wrote: |
I'm not quite sure where to start trying to discover the legalities, taxes, etc. involved in this. |
there's nowhere to start. you're just not allowed to do it on your visa. It needs to be an F-class, not E. |
Totally wrong and without any basis in fact. Get server space in another country and use an international payment system. |
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Drew10
Joined: 31 Mar 2009
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| Posted: Sun Jul 10, 2011 10:11 pm Post subject: Re: Starting A Web-based Business In Korea |
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| FDNY wrote: |
| robinsoncrusoe wrote: |
| little_kitty wrote: |
I'm not quite sure where to start trying to discover the legalities, taxes, etc. involved in this. |
there's nowhere to start. you're just not allowed to do it on your visa. It needs to be an F-class, not E. |
Totally wrong and without any basis in fact. Get server space in another country and use an international payment system. |
If this person wants to advertise here in Korea...That could become a problem. |
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Juregen
Joined: 30 May 2006
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| Posted: Mon Jul 11, 2011 12:18 am Post subject: Re: Starting A Web-based Business In Korea |
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| robinsoncrusoe wrote: |
| little_kitty wrote: |
I'm not quite sure where to start trying to discover the legalities, taxes, etc. involved in this. |
there's nowhere to start. you're just not allowed to do it on your visa. It needs to be an F-class, not E. |
A D-8 will do. |
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Juregen
Joined: 30 May 2006
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| Posted: Mon Jul 11, 2011 12:19 am Post subject: Re: Starting A Web-based Business In Korea |
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| FDNY wrote: |
| robinsoncrusoe wrote: |
| little_kitty wrote: |
I'm not quite sure where to start trying to discover the legalities, taxes, etc. involved in this. |
there's nowhere to start. you're just not allowed to do it on your visa. It needs to be an F-class, not E. |
Totally wrong and without any basis in fact. Get server space in another country and use an international payment system. |
If the local government find official information you made money while being in Korea, it MIGHT cause issues with the tax authorities. |
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jizza
Joined: 24 Aug 2009
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| Posted: Mon Jul 11, 2011 6:23 am Post subject: |
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| FDNY wrote: |
| jizza wrote: |
| You can't start a business on an E2. It's an English-teaching only visa. You can't teach privates either. |
Totally wrong and without any basis in fact. Get server space in another country and use an international payment system. |
Sure he could do that but I assume he wants to run a legit korean business, advertising to Koreans, shipping to Koreans, processing Korean payments frmo banks, etc. Is that still "totally wrong?" |
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R. S. Refugee
Joined: 29 Sep 2004
Location: Shangra La, ROK
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| Posted: Mon Jul 11, 2011 6:45 am Post subject: |
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| The Global Center for Foreigners has programs for foreigners who want to start businesses. |
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Jake_Kim
Joined: 27 Aug 2005
Location: Seoul
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| Posted: Mon Jul 11, 2011 11:03 am Post subject: Re: Starting A Web-based Business In Korea |
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| FDNY wrote: |
| robinsoncrusoe wrote: |
| little_kitty wrote: |
I'm not quite sure where to start trying to discover the legalities, taxes, etc. involved in this. |
there's nowhere to start. you're just not allowed to do it on your visa. It needs to be an F-class, not E. |
Totally wrong and without any basis in fact. Get server space in another country and use an international payment system. |
That's just a 'foreign' business targeting customers accessing from Korea, not a 'business in Korea.' |
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KRTV
Joined: 01 Jun 2011
Location: Korea
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| Posted: Tue Jul 12, 2011 3:15 am Post subject: |
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| FDNY wrote: |
| I think if you have to ask that question, then you do not have the knowledge or experience to open a web based business. By definition a web based business could be in Kandahar Province in Afghanistan and it would make no difference to your Korean visa. Also, using a payment system like CCBill or Pay-pal is also totally without borders and the money can go to any account in any country. If a Korean orders shoes from a US based country does immigration check that the owner of the internet site has an E-2 visa? |
thought exactly the same thing |
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