Company Setup Information
Explore public company setup information and practical coordination in Korea.
Service Overview
A structured path to setting up your Korean company
General setup information and practical scheduling for foreign founders, investors, and overseas businesses exploring Korea.
Modical records business details supplied by you and organizes agreed meetings and existing-file transfers. Company structure, investment requirements, registration, and individual immigration advice must be handled by appropriately authorized professionals you independently engage.
Who This Is For
- Foreign individuals planning to establish a new Korean company
- Overseas companies establishing a Korean subsidiary or local entity
- Clients reviewing company incorporation together with a D-8 or other business or investment status
- Clients considering conversion or restructuring into a corporate entity
Service Scope
What Modical Helps With
Your existing business plan details
Shareholder, director, and capital structure information gathering
File list supplied by your professional
Public incorporation resources and meeting scheduling
Referral to an appropriate administrative or registration professional and communication support
Client-directed scheduling with independently engaged professionals
Referral to tax, registration, or other licensed professionals where required
Our Process
A clear path from review to follow-up
- 01
Initial Inquiry
Record your stated business purpose and timeline.
- 02
Your Stated Company Structure
Record the entity and ownership details supplied by you.
- 03
Existing File Organization
Organize existing client files using your list.
- 04
Professional Referral
Connect with a qualified professional for incorporation and registration work.
- 05
Professional Meeting Scheduling
Arrange meetings with your independently engaged registration professional.
- 06
Post-Setup Support
Connect address, tax, telecom, visa, and other post-setup services.
Getting Started
What we need and what you receive
Information Needed to Begin
- Proposed company name and main business activities
- Proposed shareholder and director information
- Expected capital and investment structure
- Office or registered address plan
- Current immigration status of founders or key persons, if relevant
What You Receive
- Client-specified setup file list
- Process and responsibility breakdown
- Public resource links and meeting notes
- Coordination with relevant partners and follow-up services
Transparent Pricing
Fees confirmed for your specific setup
We separate Modical’s service fee from government and third-party costs.
Modical Service Fee
Request a quote
The final fee is confirmed after reviewing the required scope.
Government / Registration Fees
Varies by filing
Official costs are shown separately once the required filings are identified.
Third-Party Professional Fees
Quoted separately
Applies where qualified registration, tax, legal, or other professionals are required.
Important Notice
- Required procedures and professional involvement may vary depending on the company structure, investment method, business activity, and client circumstances.
- Regulated work requires a separately engaged, appropriately authorized professional.
FAQ
Company incorporation questions
Can a foreigner establish a company in Korea?
Yes. Foreign nationals can establish a company in Korea. Where the business is structured as a foreign-invested company, additional steps such as foreign direct investment notification, remittance, incorporation, business registration, and foreign-invested company registration may apply. Modical organizes client-specified meetings and messages. Incorporation and registration work requires an appropriately authorized professional.
Do I need a Korean partner or shareholder?
A Korean shareholder is not generally required solely because a foreigner is establishing a Korean company. However, business licensing, investment structure, or immigration objectives may require additional review.
Can company incorporation and D-8 preparation be handled together?
Yes. Company and investment structure and D-8 preparation are often connected, so reviewing them together from the beginning can be more efficient. Modical can organize meetings and relay client-selected files to your professional.
Do I need an office address before incorporation?
Business registration, licensing, and immigration review may require evidence relating to the business premises. The address should therefore be reviewed against the actual business plan and any industry-specific requirements.
What happens after the company is incorporated?
Additional steps may include business registration, tax and payroll setup, corporate banking, foreign-investment administration, licensing, and immigration procedures. The required follow-up depends on the company structure and business activity.
Planning to establish a company in Korea?
Tell us what information and practical coordination you need for your business plans.