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Register the company with Start-Biz; pay the corporate registration tax bill and incorporation fee
Agency: Supreme Court
Start Biz Online ( www.startbiz.go.kr ), has combined the Internet Register Office, the Local Tax Payment System, the Electronic Notarization System, the National Tax Information System, the Financial Common Network, and the Social Insurance Information System which are independently run, for the purpose of incorporation. Start Biz Online allows its users to process the entire incorporation process online, including checking the availability of trade name and obtain a certificate of name availability, opening a bank statement from a bank, filing the application package for incorporation and obtaining a corporate registration tax bill, register the company and obtaining a certificate of seal impression of corporation, registering and getting a tax identification number (TIN), submitting the rules of employment, and registering electronically for the Public Health Insurance Program, the National Pension Fund, Employment Insurance, and Industrial Accident Compensation Insurance.
After checking the company name, uploading incorporation documents as well as filling company information, applicants can process to the payments for the corporate registration tax bill as well as the registration fee. Since applicant has already filled in the company information, there is no need to fill in separate forms for the payments. They will be automatically direct to the payment pages, and re-directed to the Start-biz system once the payments are completed.
In most of the cases, it takes 3 days to obtain the certificate of incorporation from the Start-Biz system. During this period, the court registry office reviews the documents and information provided by the applicants, and due diligence of company address is conducted by the tax office.
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