Liaison Office Setup Procedure & Documents
Detailed procedures and required documents for liaison office establishment
Detailed Setup Procedure
Preparation
Prepare head office corporate documents, search for office in Korea, appoint agent
- › Obtain head office certificate of incorporation
- › Head office board resolution (liaison office establishment)
- › Apostille or consular legalization of documents
- › Sign office lease agreement in Korea
Bank of Korea / Foreign Exchange Bank Report
Report liaison office establishment and remit operating funds
- › Submit liaison office establishment report
- › Remit operating funds to domestic account
- › Begin foreign exchange bank transactions
Tax Office Unique Number Issuance
Obtain unique identification number from the competent tax office (not a business registration)
- › Submit unique number application
- › Submit office lease agreement
- › Submit copies of head office documents
Residency Status Application
Apply for residency status (visa) for stationed employees
- › Apply for D-7 intra-company transfer visa or appropriate residency status
- › Visit immigration office or apply online
Document Checklist
* All foreign language documents require notarized Korean translation.
* Documents issued overseas require Apostille or consular legalization from the Korean embassy.
Important Notes
! Liaison offices cannot engage in revenue-generating activities. Penalties and closure may result if business activities are discovered.
! Annual operating status must be reported to the Bank of Korea.
! Regular remittance of operating funds from head office is required.
! If business activities become necessary, conversion to a branch or corporation is required.
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