South Korea company incorporation costs in Year 1 amount to US$3,500 and annual company costs in Year 2 and thereafter amount to US$1,000. The average total fees per South Korea engagement amounts to US$10,953, including company incorporation, and corporate bank account. Refer to draft invoice embedded here.
|LLC||JSC||Branch Office||Rep Office|
|1.||Average engagement costs||US$10,953||US$11,763||US$10,703||US$9,343|
Other fee considerations
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The average time period required to setup a company in South Korea is 7 weeks as outlined below: