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Investment Procedure

Foreign Direct Investment Flowchart

  1. Foreign Direct Investment Notification [KOTRA, Foreign exchange bank]

  2. Remittance of Investment Funds [foreign exchange bank, carried through customs]

  3. Registration of Incorporation [court registry office]

  4. Acquisition of Authorization and Permission [when necessary, related organization]

  5. Notification of Incorporation and Business Registration [Tax office]

  6. Opening a Corporate Account [foreign exchange bank]

  7. Registration of Foreign Invested Company [delegated agency where the first notification form of FDI was filed]

Related laws

Articles 5 and 21 of the Foreign Investment Promotion Act, Articles 6 and 27 of the Enforcement Decree of the Act, Articles 2 and 17 of the Enforcement Rules of the Act.

※ Source : Kotra

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