Asia
Founders targeting KOSDAQ listing, South Korea
KOSDAQ offers a credible mid cap listing venue for Asian tech, with lower thresholds than KOSPI. Jusik Hoesa (JSC) is the standard vehicle for funded companies, with Yuhan Hoesa available as a Korean LLC equivalent. 95 active double tax treaties.
KOSDAQ accessJusik Hoesa95 DTAs
Start setup {placement} 4 min · no card required
Corp tax
24%
Fastest setup
4 weeks
Tax treaties
95
Region
Asia
What you'll need
- No resident director required
- Local registered office required
- No substance requirement
- Minimum capital: KRW 100
- Administrative language: Korean
- Legal system: Civil law
Tax and treaty profile
- Corporate tax 24%
- Effective rate ~26.4%
- Tax treaties 95
- VAT rate 10%
- Withholding on dividends 20%
Key treaty partners
United StatesJapanChinaGermanyUnited KingdomFrance
Banking and payments
- Banking takes 2 to 4 weeks with KYC
- Stripe supported
- Wise supported
- EMI license framework available
Considerations
If you operate English only without local presence
Korean is mandatory for filings, audits and most banking. Statutory auditor required above KRW 1bn capital. FIPA notification for foreign shareholders and the Virtual Asset User Protection Act 2024 add procedural steps.
Korean language filingsFIPA notificationStatutory auditor