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The Procedure
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The Procedure
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Domestic Branch > The Procedure
 

The Procedure

There are two types of domestic branches: a branch and a liaison office.

A branch undertakes sales activities in Korea to generate profit, whereas a liaison office does not conduct sales activities to create profit but instead carries out non-sales functions such as business contacts, market research and R&D.

Liaison offices can carry out quality control, market surveys, advertising, and other incidental and supportive roles. However, they are limited in the scope of their activities since they are not permitted to sell products directly, or to stock inventory for sale on behalf of the headquarters.

Application for branch establishment (Namu Law)

Branch : Corporate registration (Namu Law)

Branch or Liaison office : Application for insurance of business
registration number or identification number
 

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