Industrial Bank of Korea

Detailed Task Flow Chart

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Detailed Task Flow Chart

Procedure for preliminary reporting and registration of foreign invested company for FDI

Acquisition of stocks or stakes in domestic company, or investment into non-profit corporation
Case 01. Report foreign investment through acquisition of new stocks (or format of investment)
  1. 1 STEP Step 01. Preliminary reporting
  2. 2 STEP Step 02. Remit investment through bank or bring in foreign currency personally after having reported to the customs office
  3. 3 STEP Step 03. (Corporation) Keep the capital to be invested

    (Individual business operator) Foreign currency exchange to be used as funds for business
  1. 4 STEP Registry National Tax Service Step 04.Registry National Tax Service (Corporation) Registration of incorporation (capital increase)

    (Corporation/Individual business operator) Business registration
  2. 5 STEP Step 05. Registration of foreign investment company

    * Reasons for registration (within 30 days of the date of occurrence of reason)
     
    • Completion of payment (investment) for the subject of investment
    • Acquisition of existing stock after the payment
Case 02. Report foreign investment through acquisition of existing stocks
  1. 1 STEP Step 01. Preliminary / ex post facto* report

    * listed stock: within 30 days of acquisition
  2. 2 STEP Step 02. Remit investment through bank or bring in foreign currency personally after having reported to the customs office
  1. 3 STEP Step 03. Settlement of the capital (Assignor and assignee)
  2. 4 STEP Step 04. Registration of foreign investment company

    * Reasons for registration (within 30 days of the date of occurrence of reason)
    • Completion of payment (investment) for the subject of investment
    • Acquisition of existing stock after the payment
Acquisition of stocks or shares through merger, etc.
  1. 1 STEP Step 01. (Ex post facto report within 60 days)
    Report acquisition of stocks or shares

    * Reasons for reporting
    • Capital increase without considerations
    • Corporate merger and division, and comprehensive stock exchange and transfer
    • Purchases, inheritance, bequest and bestowal by foreigner
    • Investment of earnings (cash dividend and stock dividend)
    • Conversion of convertible bond, exchangeable bond and stock depository certificate into stock
  2. 2 STEP Step 02. Registration of foreign investment company

    * Reasons for registration(within 30 days of the date of occurrence of reason)
    • Completion of payment (investment) for the subject of investment
    • Acquisition of existing stock after the payment
Long-term loan
  1. 1 STEP Step 01. Registration of foreign investment company

    * Reasons for registration(within 30 days of the date of occurrence of reason)
    • Completion of payment (investment) for the subject of investment
    • Acquisition of existing stock after the payment
  2. 2 STEP Step 02. (Preliminary report) Report long-term loan investment
  3. 3 STEP Step 03. Introduce overseas loan capital
Application for consultation on Foreign Direct Investment(FDI) through acquisition of stock, etc., or investment format
Application for consultation on Foreign Direct Investment(FDI) through long-term loan format