Foreign-Invested Company (FIC)
Separate Korean legal entity with full compliance obligations
Overview
A foreign-invested company is the most common structure for foreign businesses planning long-term operations in South Korea.
Key Characteristics
- Separate Korean legal entity
- Subject to corporate tax, VAT, payroll, and statutory filings
- May require industry-specific licenses or permits
- Often linked with D-8 (Corporate Investment) visa for executives
Practical Considerations
In practice, issues often arise not only during incorporation, but later in licensing, tax compliance, payroll, and ongoing back-office operations.
How We Support
We support foreign-invested companies through setup and beyond — the foreign investment filings, licensing, tax compliance, payroll, and administrative matters as an integrated back-office function. The incorporation registry filing itself is made by a judicial scrivener, whom we coordinate with.
We reply within one business day.
Compliance Profile
Other Structures
Ready to proceed?
We can outline the relevant requirements and scope of support for your situation.
Request a ProposalWe reply within one business day.
Related Insights
Foreign Investment
Foreign Direct Investment (FDI) vs. General Incorporation
Navigating the Complexities of Banking in South Korea
Read moreCompany Setup
Essential Guide: Being a Representative Director in South Korea
Understanding the Role of the Alien Registration Card (ARC)
Read moreTax Strategy
Choosing Your Office Address in South Korea
Maximize Tax Incentives and Avoid Legal Pitfalls
Read more