🇰🇷 Business Structures in South Korea
Compare the available legal structures for company formation in South Korea. Each structure has different requirements, costs, and tax treatment.
Limited Liability Company (YH)
유한회사 (Yuhan Hoesa)
Min. 1 shareholder
No statutory minimum
2–3 weeks
Foreign companies establishing a wholly owned subsidiary in KoreaSmall to mid-size businesses that do not need to raise public capitalJoint ventures between foreign and Korean partners
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Stock Corporation (CH)
주식회사 (Chusik Hoesa)
Min. 1 shareholder
No statutory minimum (relaxed in 2009 reforms)
2–4 weeks
Companies planning to raise venture capital or private equity in KoreaBusinesses targeting an eventual IPO on the Korea Exchange (KRX) or KOSDAQLarge-scale operations requiring maximum credibility with Korean corporates and government agencies
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