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Complete Guide to Alien Registration in South Korea – Registration and Alien Registration Card Issuance Procedures for Stays Over 90 Days

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For foreign nationals planning to stay in the Republic of Korea for more than 90 days, the first and most essential step is understanding the system. This image presents a panoramic view of a Korean city where high-rise buildings and residential complexes are harmoniously and systematically arranged. It is more than a simple urban landscape; it symbolically reflects how meticulously Korea’s administrative and social systems—including the alien registration framework—are organized and operated. Complete Guide to Alien Registration and the Issuance of the Alien Registration Card in South Korea This comprehensive guide provides a detailed explanation of the alien registration system and the issuance process of the Alien Registration Card (ARC) for foreign nationals who intend to stay in the Republic of Korea for more than 90 days. It systematically covers eligibility, legal obligations, application procedures, the mobile registration card, return requirements, the structure of the registr...

Essential Guide for Living or Doing Business in Korea: Overseas Financial Account Reporting and International Transaction Reporting

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It is not practical to store large amounts of cash entirely in a home safe. For foreign residents living in Korea and overseas business operators, financial transactions are part of everyday life; however, overseas assets and international transactions that exceed certain thresholds are subject to mandatory reporting under Korea’s Overseas Financial Account Reporting System and international transaction reporting requirements. Essential Financial Rules for Foreign Residents in Korea: Overseas Account & International Transaction Reporting This article provides a clear and practical overview of Korea’s  Overseas Financial Account Reporting System  and the  International Transaction Information Integrated Report , both of which foreign nationals living in Korea or conducting business there must understand. It explains reporting thresholds, exemption criteria, reporting procedures, penalties for non-compliance, and multinational enterprise reporting obligations in an acce...

A Complete Guide to Business Registration in Korea for Foreign Individuals and Overseas Companies | Procedures, Taxes, and Key Considerations

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Foreign individuals and representatives of overseas companies who have completed business registration in Korea. Their business activities play an important role in connecting the Korean market with the global market. Everything You Must Know About Business Registration Before Starting a Business in Korea This practical guide provides foreign individuals and overseas companies with a clear and accurate overview of business registration in Korea. It covers the concept, registration procedures, taxation types, required documents, risks of nominee registration, and suspension or closure reporting—essential knowledge for legally and successfully operating a business in Korea. Introduction: Why Business Registration in Korea Matters Hello, readers. The number of foreign nationals engaging in economic activities in Korea continues to grow steadily. However, before starting any business in Korea, the very first and most essential step is business registration. That is precisely what this arti...