Corporate services in South Korea

Banklane provides end-to-end corporate services in South Korea: company registration, business licence registration, visa & immigration, employee recruitment, office leasing, and ready-made company transfers — alongside our core bank-account opening service.

Strong fit for tech, gaming, and content businesses targeting East Asia.

— WHAT WE HANDLE

Services in South Korea.

Company Registration

Incorporate your entity quickly and correctly — entity selection, name reservation, filing, and certificates.

Business Licence Registration

Obtain the operating licences and permits your activity requires in the jurisdiction.

Visa & Immigration

Investor, work, and residence visa processing for founders, directors, and key staff.

Employee Recruitment

Source, screen, and onboard local talent — plus payroll and HR-compliance support.

Office Leasing

Flexi-desks, serviced offices, or full premises to meet substance and licensing needs.

Ready-Made Company Transfer

Acquire an existing, clean, licensed entity for immediate market entry where available.

— AT A GLANCE

South Korea — key facts.

Bank Account Opening	21–35 days
Common Entity Type	Chusik Hoesa / Yuhan Hoesa (LLC)
Corporate Tax	9%–24% progressive corporate tax
Foreign Ownership	YES 100% allowed in most sectors (some restricted)
Local Agent / Director	Local representative recommended
Incorporation Time	2–3 weeks

INDICATIVE ONLY: Figures above are general estimates and may change. Exact tax, licensing, and timeline details for your specific case are confirmed in writing during your consultation. See our Disclaimer.

— HOW IT WORKS

Account opening process.

STEP 01

Match

We assess your case and shortlist the banks in South Korea most likely to approve you.

STEP 02

Build

We prepare your Lane Card™ dossier — pre-answering every KYC question the bank will ask.

STEP 03

Launch

Applications submitted to named relationship managers — in parallel, not in sequence.

STEP 04

Land

Account approved and activated. Typical timeline: 21–35 days.

— THE HONEST VIEW

Pros & cons of South Korea.

Advantages

Advanced tech, gaming, and e-commerce market
Strong infrastructure and logistics
Foreign Investment Promotion Act incentives

Watch-outs

Sector-specific foreign-ownership restrictions exist
Korean-language documentation
Bank onboarding can be lengthy for non-residents

Ready to set up in South Korea?

Tell us your business activity and ownership structure. We'll confirm exact costs, timelines, and the best banks for your case within 24 hours.

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