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martinpil
Joined: 03 Dec 2008
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 Posted: Sat Feb 28, 2009 8:18 am Post subject: how do you set up a business in korea? |
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| can you set up your own business in korea if you are a foreigner? what abou freelance work, can you do that? wot visas do you need for them? |
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PRagic
Joined: 24 Feb 2006
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| Posted: Sat Feb 28, 2009 6:08 pm Post subject: |
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Sure, but you have to have 50 million won to back it up. In return, you can apply for and receive an invester visa. You can find information on the proceedure and visa via a simple Internet search. Actually setting up the company is pretty easy once you have the visa out of the way.
If I recall, you also need to prove that your company generates 50 million won per year, too.
Definitely get a Korean to help you, and take advantage of the foreigner assistance and information centers that have cropped up as of late. Contacting immigration directly rather than soliciting information on a non-related site is also highly recommended. |
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cruisemonkey
Joined: 04 Jul 2005
Location: Hopefully, the same place as my luggage.
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| Posted: Sat Feb 28, 2009 6:28 pm Post subject: |
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| PRagic wrote: |
| Contacting immigration directly rather than soliciting information on a non-related site is also highly recommended. |
 Google is your ch'in-gu. Not everyone on 'Dave's' is exactly conversant with K-laws.  |
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Teelo
Joined: 09 Oct 2008
Location: Wellington, NZ
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| Posted: Sat Feb 28, 2009 8:20 pm Post subject: |
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| Except, of course, ttompatz. |
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Juregen
Joined: 30 May 2006
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| Posted: Sun Mar 01, 2009 12:03 am Post subject: Re: how do you set up a business in korea? |
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| martinpil wrote: |
| can you set up your own business in korea if you are a foreigner? what about freelance work, can you do that? wot visas do you need for them? |
If you do get 50.000.000 won together, you will get an investors VISA, if you have an F2 or F5 visa, it doesn't matter.
When registering your business, you can do any business you can think of as long as it is legal ... |
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T-J
Joined: 10 Oct 2008
Location: Seoul EunpyungGu Yeonsinnae
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| Posted: Sun Mar 01, 2009 12:39 am Post subject: |
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How do I set up a business in Korea? Very well thank you.
Oh, you wanted to know how YOU can set up a business in Korea.
Follow these steps:
Step 1: Set a foot in Korea.
After accomplishing step one post again for step 2. |
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