Location
Located in the southern part of the Korean Peninsula.Its neighbor is China.
Economy
Ranks 15th in the world by nominal GDP.
One of the G-20 major economies.
The sixth largest exporter and tenth largest importer in the world.
Language
Koreanese
Legal System
Civil Law
| South Korea Company | |
| Type | Limited Company or partnership company |
|---|---|
| Name | End with ”Ltd.”. |
| Capital | KRW 100,000,000 (around USD 100,000) |
| Share | Prohibited to issue no value or bearer shares. |
| Share Index | Yes |
| Registered Agent | No |
| Registered Address | Yes |
| Public Disclosure | Yes |
| Min. Shareholder | At least one |
| Min. Director | At least one |
| Disclosure of Shareholder | No |
| Disclosure of Director | Yes |
| Trading restriction | No |
| Taxation | worldwide Income tax 22%. |
| Financial Statement | Yes |
| Tax Returns | Yes |
| Account Filing | Yes |
| Audit Report | Yes |
| Accounting | Yes |
| Incorporation Cost | USD 2,700 |
| Annual Fee | USD 2,500 |
