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Seoul landmark illustration representing business in South Korea

Do business
in South Korea

Everything you need to establish your business in South Korea, from incorporating as a Joint Stock Company (Chusik Hoesa) to handling tax filings, compliance, and gaining local clarity for global expansion.

benefits

Why choose Commenda for your expansion in South Korea

Choose the right South Korea entity for your business

In South Korea, we support formation of the Chusik Hoesa (Joint Stock Company), best-suited for foreign-invested enterprises and full-scale corporate operations.

Take the complexity out of Korean compliance

Our team handles registration, ongoing bookkeeping, VAT, reporting, and liaison with authorities.

Stay compliant, automatically

We guide you through South Korea’s corporate governance rules, reporting obligations, and workforce regulations so you can focus on scaling.

entity types

Choose the right business structure for your company

Chusik Hoesa (주식회사)

A Joint Stock Company (Chusik Hoesa, 주식회사) is the standard corporate structure for both local and foreign-invested businesses in South Korea. It offers limited liability, strong governance, and the flexibility to scale or attract institutional investors.
Benefits
  • Limited liability: shareholders’ liability is limited to their capital contribution.
  • Ability to issue shares publicly: only the Chusik Hoesa can be listed on a public exchange in South Korea.
  • Suitable for foreign investors: no mandatory minimum paid-in capital (though sufficient capital relative to business is expected).
Things to consider
  • Governance requirements: unless small scale, at least three directors plus auditor may be required.
  • Documents in Korean: incorporation documents must be prepared and submitted in Korean; foreign documents often need notarisation/apostille.
  • Registered office in South Korea: you must have a local office address.

local expert support in 70+ countries

Got questions? Schedule a call with one of our experts

Choose a convenient time to speak with our France incorporation team and get the answers you need.

Logan Jackonis

Head of Services and Operations

Logan Jackonis, Head of Services and Operations

Frequently Asked Questions

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