On average the process of company formation takes 4 to 8 weeks depending on what kind of entity you would like to incorporate. Your intended business activities will have impact on what type of entity will be most suitable for your case, make sure you talk to credible service providers when making such a decision. Other services like work permits, accounting, ban account setup are relatively fast. If you want to accelerate your expansion we have partners who can help with outsourced business development, in that way, helping you get some traction while setting up your entity.

We help all kinds of companies planning an expansion to South Korea. Startups, international Corporations, Small businesses and entrepreneurs. Most of them are foreign businesses, but we have helped many local companies as well.

Absolutely, depending on what you need we can either provide a basic guidance for your company or take over the entire expansion process. Even global brands face challenges when entering fast-growth markets like South Korea. The legislation is quite tricky, not everything is translated to English and many service providers offering expansion services do not have websites, as a result many international companies appreciate our dedicated support.

We work with hundreds of service providers focused on expansion services, as a result we have learned the following:
1) Global VS Domestic - while global brands come with great reputation and large teams, many domestic companies do great work and will be focused 100% on your case, so don't judge vendors only based on their company size.
2) Ask the vendor if they have serviced clients in the past in your industry and geography (in case your expansion plan covers multiple geographical areas outside the capital).
3) Ask for testimonials and call previous clients to get a sense of how it feels to work with the service provider.

Our network of service providers offers a variety of services. To name a few, business address registration, payroll, tax filing, bank account set up, business matchmaking, in-market representation, market research, and a lot more expansion services that can help you to enter South Korea.