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What are the requirements for Korean entrepreneurial immigrants?
South Korea promulgated the Foreign Investment Promotion Law on 1998, which changed the direction of foreign investment policy from "restrictive" and "regulatory" to "open" and "supportive", and made unremitting efforts to promote foreign investment and introduce foreign capital. To this end, the Korean government will focus on expanding the scale of foreign investment, implement preferential policies centered on investment, and attach importance to the introduction of large-scale foreign investment.
In order to promote foreign entrepreneurs in Korea, the Korean government not only provides various preferential policies, but also provides entrepreneurial visas, which can be converted into permanent residency after five years. Compared with other countries, the application conditions are extremely simple.
Application conditions for entrepreneurial immigrants in Korea:
1. If the investment is above 1 100 million won, the total investment shall be above 10% of the total investment;
2. The company needs actual operation;
3. The applicant has no bad record in Korea.
Application process:
Sign a contract (evaluate whether the applicant meets the requirements) → prepare materials (notarized certification materials, make business plans, etc. ) → Establish a company (register a company) → Submit a visa (apply for a business start-up visa).
The process of establishing a company is as follows:
To start a business in Korea, you only need to declare your investment and register your company &; Industrial and commercial registration, only investment can complete it!
Advantages of Korean entrepreneurial immigrants;
1. The starting point of investment amount is low, starting from 1 100 million won (about 600,000 RMB);
2. For the company's establishment without employees, annual sales and tax payment, the renewal only needs the actual operation of the company;
3. The applicant has no requirements such as age, education, business background and financial explanation, and has an absolute advantage for young people who want to start a business in Korea;
You can travel around Korea without any geographical restrictions. You can choose to open a company anywhere in Korea. First, I recommend Seoul.
5. Spouse+children (minors) can apply for a reunion visa and enjoy local benefits (education, medical care, etc.). ) after being signed;
6. The Korean government strongly supports foreign investment and actively gives various preferential policies, including tax relief, subsidies and site selection.
I hope my answer is useful to you.
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