Hello! What are the documents for foreign corporate investor to prepare for set up a branch office in Korea? And how much does it cost to establish a branch office? What are the general principles? Thank you.
- [General] Branch Office
- Consultant :
Dear Liudmila, I will send you a PDF file so you can check the required documents for setting up a branch office in Korea; please check your email and refer to page 23 to 26 of the file. There are registration and license tax and application fees for branch office registration. The registration and license tax for branch office setup is KRW 40,200 won per case, and this tax rate will be three times when the branch office is registered in an overconcentration control area. Thank you. Lena Kim Investment Consulting Center