This is not legal advice. Use it to prepare questions for Korean counsel.

Before Entry

• Confirm permitted activities under your visa or visa-waiver status.
• Check whether your sector needs a license, certification, or local representative.
• Decide whether to incorporate, appoint a distributor, open a branch, or use a representative office.
• Review personal data, cybersecurity, AI, healthcare, fintech, telecom, food, cosmetics, or mobility regulations if relevant.

Company Setup

• Foreign investment notification if applicable.
• Capital remittance and FX documentation.
• Court registration and business registration.
• Corporate seal, bank account, accounting system, and tax registration.
• Employment contracts and social insurance.

Commercial Contracts

• PoC agreement.
• NDA.
• Data processing/security terms.
• Distribution/reseller agreement.
• IP ownership and license terms.
• Payment, warranty, liability, and governing law.

References