Due Diligence
투자 실사 — Essential checks before investing in a Korean company.
Legal Compliance Check
Verify: company registration status, outstanding tax obligations, pending litigation, regulatory compliance. Hire a Korean CPA or law firm for thorough review.
Financial Auditing
Request: 3 years of audited financial statements, tax filing records, VAT records, bank statements. Korean companies with annual revenue over ₩12B are required to have external audits.
Industry-Specific Requirements
Some industries restrict foreign ownership: media/broadcasting (limited to 49%), telecommunications (limited in certain areas), agriculture/fishery (restricted). KOTRA maintains an updated list.
Partner Vetting
Background checks on Korean business partners: confirm identity, verify business history through credit agencies (NICE, KCB), check for court judgments or bankruptcy filings.
This guide is for informational purposes only and does not constitute legal advice. Immigration requirements change frequently. Always consult with a licensed immigration attorney for your specific situation.