FDI All-In-One Package for foreign-invested companies in 2022
▣ Overview
○ Target : Foreign-invested companies established or increased capital in 2022(based in Seoul)
○ How to apply : Send application and required documents via email(fdi@sba.seoul.kr)
○ Submission deadline : Until 9th of December, 2022
※ First come, First served until all the budget is exhausted
▣ Outline
○ Program : All-In-One Package for foreign-invested companies
○ Target : Foreign-invested companies established or increased capital in 2022(based in Seoul)
○ Contents
| Incorporation &
capital increase | Support for standard service fee of legal agency depending on the amount of investment ※ The subsidy will comply with the standard of the Korean Association of Beommusa Lawyer, any exceeding amount will be charged for the foreign-invested companies. | Support for standard service fee of agency depending on the amount of investment
(ex. FDI ￦100M ⇒ Subsidy ￦420,000) |
| Labor law consulting | Advice(labor law, labor contract and employment rule, regulation arrangement, labor union, etc) Consulting(labor conflict, Incident proxy) Labor seminar(legal compulsory education and guideline, etc) | 1% of the amount of FDI
ex) FDI ￦100M
↓
Offer ￦1M
※ Limit is up to ￦10M per investment |
| Recruitment
(Head hunting)
Consulting | Searching for employees/recommendation Verify HR(Academic background, career and reputation) Career consulting and coaching, etc |
| Legal Consulting | Company in general(Article of Incorporation, Contracts with existing investors, etc.) Asset/insurance/conflict(legal and contract restrictions, intellectual property right, major
conflicts, etc) Sales/Contract(Review the contract details and poison pill, risk management, etc) |
| Tax&Accounting consulting | Tax accounting and audit related advice Tax ledger(Value added tax/corporate tax/general income tax, etc) |
| IPRs Consulting | Intellectual property rights related advice Registration of IPRs |
| Office rent
(Monthly rent) | Provide information of global real estate agencies and office rent fee will be supported. | When FDI is more than ￦1B, subsidy will be provided within the ￦5M budget. |
| Relocation
service | Provide information of relocation agencies and service fee will be supported. |
※ Susidy of FDI All-In-One Package is up to KRW 50M for each investment(excluding tax)
▣ Process
| Select an agency and
pay the service fee | Submit documents by email
(fdi@sba.seoul.kr)
*Applying by email ONLY | After reviewing documents,
a subsidy will be provided |
| Corporation(or a proxy) | Corporation(or a proxy) | Invest Seoul |
▣ Application form
| 1. Common required documents |
| ① Application & Information usage agreement
② A copy of the corporate bank account
③ Certified copy of the corporate register
④ A copy of certificate of foreign-invested company registration
⑤ A copy of corporate business license |
| ※ In case of capital increase, it is necessary to submit a FDI report and a certificate of foreign exchange purchased. |
| 2. Required documents for incorporation/capital increase |
| ⑥ A copy of agency contract or estimate
⑦ A copy of business license or certificate of the agent
⑧ Payment confirmation of corporate registration tax
⑨ A copy of transfer statement of legal service fee(from corporation to agency) and receipt |
| 3. Required documents for business support for foreign-invested company
(Labor law/Recruitment/Tax&Accounting/Intellectual Property Rights) |
| ⑥ A copy of agency contract or estimate
⑦ A copy of business license or certificate of the agent
⑧ Report of service use result(with evidential documents)
⑨ A copy of transfer statement of legal service fee(from corporation to agency) and receipt |
| 4. Required documents for Settlement support |
| Office rent | Relocation service |
| ⑥ A copy of lease contract(※ The office must be contracted in the name of a company.)
⑦ Transfer statement of rent fee
⑧ A copy of the tenant’s bank account (must be the actual payer) | ⑥ A copy of service contract or estimate
⑦ A copy of business license of service agency
⑧ A copy of service fee transfer statement(From corporation to agency) and receipt |
※ If any required document is not submitted, your application will be automatically processed as incomplete.
○ Person in charge : Shin, Sumin (Manager)
○ Department : Seoul Business Agency, Invest Seoul Center, Investment & Startups Support Team
○ Phone : 02-6361-4124 / E-mail : clare33@sba.seoul.kr
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[Invest Seoul] Application form of All-in-one package for FDI(Name) 올인원패키지 신청서(이름).docx
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