KR flagSouth Korea Company Formation

    Formation from:€7,359.00
    Annual renewal: €2,760.00 /yr

    South Korea — company formation with corporate tax of 9–24%, VAT/sales tax of 10%, minimum share capital of KRW 100 and a typical timeline of 4–6 weeks. Region: Asia Pacific. KGN handles registration, registered office, tax registration and banking introductions remotely.

    9–24%
    4–6 weeks
    Compliance handled

    Why register a company in South Korea

    Corporate tax: 9–24%

    Typical incorporation time: 4–6 weeks

    Minimum share capital: KRW 100

    Registered office address and corporate secretary

    Key facts & requirements

    Corporate tax

    9–24%

    VAT / sales tax

    10%

    Minimum capital

    KRW 100

    Time to incorporate

    4–6 weeks

    Guide price

    €7,359

    Region

    Asia Pacific

    Quick answer

    Setting up a company in South Korea (Asia Pacific) with KGN typically completes in 4–6 weeks and starts around €7,359. Headline corporate tax: 9–24%. VAT / sales tax: 10%. Minimum share capital: KRW 100. We handle incorporation, banking introductions, tax registration and ongoing compliance in seven languages.

    Frequently asked questions about South Korea company formation

    How long does it take to incorporate a company in South Korea?
    Most South Korea incorporations complete in 4–6 weeks. KGN runs documentation, government filings and bank introductions in parallel to shorten the timeline.
    What does it cost to set up a South Korea company?
    The average engagement for a South Korea formation is €7,359. This typically covers incorporation, registered address, statutory filings and the first year of compliance support.
    What is the corporate tax rate in South Korea?
    The headline corporate tax rate in South Korea is 9–24%. Effective tax can be lower with double-tax treaties and local incentives — we map this during scoping.
    Do I need to visit South Korea to incorporate?
    In most cases no. KGN incorporates South Korea companies remotely using notarised, apostilled documents and online identity verification.
    Can KGN open a corporate bank account in South Korea?
    Yes. We introduce you to local and international banks active in South Korea, prepare the KYC pack and attend bank meetings on your behalf where permitted.

    Company Formation Configurator

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    Price Summary - configurator.jurisdictions.KR

    Guide price
    Average engagement cost
    €7,359.00
    Base Formation Fee-€442.00
    Virtual Office (Annual)€442.00
    Total€0.00

    Final price may vary based on specific requirements

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