Procedure for FDI-related authorization and approval
Report of FDI
Report: To be submitted by the investor or his/her agent (accompanied by the power of attorney)
You can use either a Korean language form or an English language form.
Registration of FDI business
Registration should be made as an FDI business when capital is paid up (in the case of new stock subscription) or acquisition of existing stocks is completed. A foreigner investing not less than 50 million won with FDI requirement met can go ahead with the register even prior to the paying of capital.
The corporate registration system is designed to have an FDI business distinguished from their domestic counterparts and for conveniences related to remittance of investment profits out of the country and extension of the visa period.
System for putting type of businesses eligible for FDI on public notice
With the exception of those stipulated by the Regulations concerning FDI and Technological Transfer, all types of businesses are eligible for FDI.