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SOUTH KOREA
Global > Asia >
Country Information
Capital City: Seoul
Official Language (s): Korean
Language Mandated for Filings: Korean
Currency: South Korean Won (KR₩)
Corporate Tax Rate: 24%
Foreign Exchange Controls: Korea permits free receipt of foreign exchange and unregulated payments to foreign companies for non-capital transactions.
Market Info
Corporate Regulatory Authority
South Korea Financial Supervisory Service (FSS)
https://www.fss.or.kr/eng/main/main.do
The Financial Supervisory Service (FSS) in South Korea supervises and inspects financial institutions to ensure compliance with laws and regulations, promote financial stability, and protect consumer rights.
Regulation
Company Set-Up Requirements
South Korea
1
KRW 10 million
C,F,T
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