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Acquisition of Newly Issued Stocks
Please make sure whether it is allowed to invest in the business fields in which you are interested.(Please refer to 5- digit code of Korean Standard Industrial Classification from National Statistical Office (NSO))
Please note that other individual laws may restrict FDI in certain businesses or impose an obligation to form joint ventures with a domestic company.
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Foreign Investment Notification Form for the Acquisition of Newly Issued Stock" in either Korean or English (2 copies), Power-of-attorney (where a delegated person acts on behalf of an investor )
Please check the followings before continuing FDI notification processes:
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What business fields you are interested in and invest in |
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Documents Required for Notification |
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Inward Remittance to KEB Branches in Korea
Please make sure whether you correctly input the following items.
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Receiving Bank : Korea Exchange Bank oo Branch |
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Remitter : Foreign Investor's name |
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Use of Fund : Please input 'This fund is for the establishment of (company name) or project finance' in 'Details' field. |
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When to Remit Investment Fund?
Investment fund should be remitted before or after the Notification is submitted(usually after).
Investment fund will be exchanged into KRW and be deposited into Guarantee Deposit for
Securities Subscription Account. (deposits in foreign currencies are available.)
Documents Required:
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Certificate of F/X Deposit or Certificate of F/X Purchase |
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Certificate of Deposit of money to be used for Purchase of Stocks(for legal registration) |
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Please apply for registration of incorporation at the registry office of the court in judicial districts.
( It will take 3 to 5 days to complete the registration processes)
Documents Required:
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Application Form for Business Establishment, Articles of incorporation (notarized) |
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Certificate of underwriting; written subscription; |
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Management Report, Other Documents |
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Bank-issuing Documents (Certificate of Foreign Direct Investment, Certificate of Deposit of money to be used for Purchase of Stocks |
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Certificate of Business Registration issued by Tax Office |
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Other Registration Procedures in accordance with Individual Laws |
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Foundation Minutes, Report of Management |
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WFDI Company Registration
Please submit 'Application form for FDI Company Registration'.
Documents Required:
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Application form for FDI company registration |
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Certificate of F/X Deposit or Certificate of F/X Purchase |
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Certificate of Deposit of money to be used for Purchase of Stocks (if necessary) |
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A Transcript of the corporate register, Certificate of Business Registration (for sole-proprietors) |
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Certificate of FDI Registration Issued |
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¡Ø Some contents above are excerpted from the Ministry of Commerce, Industry and Energy (MOCIE).
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