Establishment of a foreign invested corporation

2015-03-25 12:00
There are three types of entity available to foreigner's investment into Korea.
That is 1) liaison office 2) branch office and 3) subsidiary.

Liaison office is the simplest type of investment into Korea.
It is not considered as a profit-earning entity in Korea, so there is no income tax payable.

Next step is a branch office which can engage in simple type of business in Korea, such as earning a commission.
Full-fledged business entity in Korea is to setup a subsidiary in Korea, which is a foreign invested cooporation.

A foreign invested corporation is widely used as entity suitable for manufacture, whole sale and retail sale and so on.