Jusik Hoesa (joint stock) or Yuhan Hoesa (LLC) under the Korean Commercial Code with progressive 9% to 24% CIT (plus 10% local surtax). Court registration, FIPA foreign investment notification, and 95 tax treaties. R&D tax credit up to 30% for SMEs.
When South Korea is the right call, and when it is not.
Access to Samsung, SK Hynix, Hyundai supply chains plus Daedeok and Pangyo tech clusters. R&D tax credit at 25% to 30% for SME and a separate credit for facility investment make capex friendly.
K-content, beauty, gaming and lifestyle brands ride a top tier domestic market with high spend per capita. Naver, Kakao, Coupang and KOSDAQ are real exit paths.
FDI Zone designation under the Foreign Investment Promotion Act gives corporate tax and customs reductions for qualifying high tech R&D centres. KOTRA Invest KOREA helps with site selection and incentives.
All filings (court registration, NTS, FSS, FIPA) are in Korean. A Korean speaking representative director or local agent is in practice required for day to day operations.
Pillar Two QDMTT applied from Jan 2024. Korean Commercial Code requires statutory auditor for Jusik Hoesa above KRW 1B capital. The compliance surface is closer to Japan than to Singapore.
Working data for South Korea. Cite check each figure before use.
Bundle for South Korea, one invoice.
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Each rate, threshold, and deadline below is cited from an authoritative source.
Information is provided for general guidance and reflects tax year 2025 unless noted. Specific situations require advice from a local practitioner. Always confirm against the cited tax authority and registrar before relying on a figure.