• List of Korea Company Formation Agents: Top 5 Picks

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    Do you plan to open a business in Korea and need to find a company formation agent?

    In this article, we list some of the most popular company formation agents, including a presentation about the companies and their management, services, and countries of operation. The list consists of companies that are both Korean and foreign-owned.

    At the end of the article, you’ll also find a useful FAQ with questions that are frequently asked by readers. Let’s get started.

    1. Osungac

    Osungac was established in 2008 and an experienced accounting firm that serves to foreign and local clients. Their staff speaks English and are specialized in incorporations, bookkeeping, tax declarations, commercial law reporting and clearing, and more.

    The company has a strong network in Korea and offers a one-stop total service, to minimize the hurdles of dealing with several service providers. Some of their partners include Cekindo, 3E Accounting, VCA Accountants, and more.

    They are continuously researching and developing new services for customer satisfaction.

    Services

    • Incorporation
    • Outsourcing Services in Accounting
    • Tax Services
    • Payroll Outsourcing & Social Insurance
    • Audit and Assurance
    • Others

    Countries & Regions

    • Korea (Seoul)

    Office Address:

    D, 9F, 109 Teheran-Ro, Gangnam-gu, Seoul, South Korea

    2. Pearson & Partners

    Pearson & Partners is a renowned law and accounting firm that provides customization for business networks in Korea, Singapore, and other countries. They provide customized solutions for business owners with services that are tailored for each business type.

    The company also provides valuable insights and guides, for example, a guide to doing business in Korea.

    Services

    • Incorporation
    • Entrepreneur & Professional visa
    • Taxation & Accounting
    • Recruitment
    • Finding Partners
    • Living in Korea

    Countries & Regions

    • Korea (Seoul)

    Office Address:

    16th Floor, Posco P&S Tower, 134 Teheran Road, Gangnam, Seoul, South Korea

    3. KOISRA UP

    Koisra Up is a Korean based business development and consulting firm that was established in 2009. Over the years, they’ve helped numerous foreign businesses to incorporate and to enter the Korea market.

    The company helps primarily small and medium-sized companies with incorporation, their previous clients come from all over the world.

    The founder of the company, Eyal Victor Mamou, Adv., is originally from Israel and has worked in Korea since he founded the company. He helps international businesses with legal and business solutions, helping them to understand how it works when entering the Korean market.

    He is also the Co-Founder and Managing Partner of KSP, which is a tech-startups accelerator that supports Korean startups to enter the global market.

    Services

    • Incorporation
    • Payroll Services
    • Recruiting & HR Administration
    • Visa & Relocation
    • Employment Solutions
    • Others

    Countries & Regions

    • Korea (Seoul)

    Office Address:

    4th Floor, Seowon Building, 14 Gangnam-daero 89-gil, Seocho-gu, Seoul 06535, South Korea

    4. Healy Consultants

    Healy Consultants was established in 2003 and lead by the Irish-born Chartered Accountant, Aidan Healy. Over the years, the company has grown at an exceptionally fast rate and they have offices in several countries.

    Interestingly, Healy Consultants doesn’t only help with incorporation, but several other services, such as in real estate, search engine marketing, and publishing business. The company has helped thousands of clients since its inception and is renowned for the high quality of services.

    Some of the companies that Healy Consultants has served are JLL, Coca Cola, KPMG, Deloitte, and EY.

    Services

    • Company Registration
    • Accounting, Tax, and Legal
    • Corporate Banking Solutions
    • Financial Services
    • Business Setup Support
    • Others

    Countries & Regions

    • Korea
    • Malaysia
    • Singapore
    • Australia
    • Cambodia
    • China
    • Others

    Office Address:

    7F Taewha Bldg., 996-15 Daechi-dong, Gangnam-gu, Seoul, 135-502, Korea

    5. Hwaum Law Office

    Hwaum Law Office is a major service provider for incorporation and accounting services, having its office in Gangnam (Seoul). They also have an online legal service program called “CELLO” which allows you to open a business with just a few clicks.

    The Managing Partner of the company, JK Jung Ph.D., has a long experience in science and technology where he has helped start-ups with legal counseling. He served in the Ministry of Science and Technology and Institute for Basic Science.

    They also provide consultancy for companies in the Blockchain, Cryptocurrency, and FinTech industry.

    Hwaum Law Office has helped several big clients, including names such as the Ministry of Science and ICT, WhyDots, and Bridge Ventures. Some of their partners include WeWork, Woori Bank, and Hana Tax.

    ​Services

    • Incorporation
    • IP protection
    • Consultancy
    • Defamation and Business Interruption
    • Civil Case
    • Others

    Countries & Regions

    • Korea (Seoul)

    Office Address:

    South Korea, Seoul, Gangnam-gu, Samseong-dong, Teheran-ro, 427 14

    FAQ

    How do I register a company in South Korea?

    • Decide the business type
    • Open a local bank account
    • Apply for special permissions or licenses
    • Select a location/city
    • Register the business
    • Apply for a tax registration payment certificate
    • Nominate a tax agent
    • Apply for D-8 visa (if you want to live in Korea)

    Can a foreigner open a business in South Korea?

    Yes, foreigners have no issues to open businesses in South Korea.

    How much does it cost to open a company in Korea?

    It costs around USD 3,500 to open and operate a company in the first year. Thereafter, it costs around USD 1,000 per year.

    How long does it take to open a company in Korea?

    It takes around 2 weeks, from the day you apply until you receive the certificate of registration.

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