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@rgbrenner: Thank you but I am a student and study visa is not qualified for setting up a company. Otherwise, you have to invest ~100,000 USD to get a business
by alansparrow 12y ago
@rgbrenner: Thank you but I am a student and study visa is not qualified for setting up a company. Otherwise, you have to invest ~100,000 USD to get a business visa then you can setup your company OR you have to spend time working in SK, gain some point from other activities (Korean language, community service..) to be qualified for a F2 visa (which is eligible for setting up a company). In my opinion, a very complicated system for foreigners who want to do business in SK.
- rgbrenner 12y ago... it gets even more complicated. Maybe you should talk to a lawyer about this?
- charlesdm 12y agoWhere are you from? One option could be to incorporate a company, and appoint your mother or father as a director. Not completely legal, but if you're testing a market (and not making any money) I doubt anyone will care. I think that's a much 'safer' way than setting up a company in some obscure jurisdiction (e.g. Estonia, Lux) where you don't speak the language.
- comrade1 12y agoAre you actually making money? Set up a business in your home country and pay yourself from that and pay your SK taxes. If you're not making enough to pay a lawyer and an accountant then just drop it unless you're willing to never set foot in SK again.