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Chris
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Establishment Options outside FDI requirements
Started this discussion. Last reply by Chris. 2 Replies 0 Likes
Having been in Korea several years I have long been interested in establishing a small business within the hospitality industry in Korea. This business would not be located in Seoul but in the…Continue
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Latest Activity | 최근 활동
Rob Julien left a comment for Chris"Cheers Chris. I saw your hat earlier and thought that might be you. Never clicked on your profile 'till now though.Cheers, seems like a pretty helpful place overall."
Chris replied to Pilar Perez-McKay's discussion "Expats blaze new trails in business""Adam,
Perhaps the reason for the business to be in a Korean's name (whether that be, for example, a spouse, in-law or business-partner of convenience) is, as you say, because it is easier and removes some of the "other hurdles".…"
Chris replied to Pilar Perez-McKay's discussion "Expats blaze new trails in business""Adam, hi.
As American cartoonist Scot Adams says, "Informed decision-making comes from a long tradition of guessing and then blaming others for inadequate results".
Point taken re the aspect of 'taxable' income.
One…"
Chris replied to Pilar Perez-McKay's discussion "Expats blaze new trails in business""Campbell, this is where the notion that 'increases' can be translated into positve spin is dangerous, especially when no analysis of the source of the increase/s is or are made. For example, if we exlcude established foregin corporate…"
Chris replied to Chris's discussion Establishment Options outside FDI requirements"Steven, thanks for the response. First sorry for the delay in my replying. Nonetheless, I agree it issomewhat complicated and I have taken your suggestions on board. I am also in contact with advisers in the countries mentioned to determine the…"
Chris replied to Pilar Perez-McKay's discussion "Expats blaze new trails in business""Eun-shil, as a newcomer to the community, I am sure I will get to all the material you talk about – eventually – but I guess my ‘gripe’ is that before we begin praising such material we need to look at it more critically, to…"
Chris replied to Pilar Perez-McKay's discussion "Expats blaze new trails in business""I read this article with anticipation in the hope it would provide relevant detail about setting up a business here in Korea. While Steve Bammel’s comments are, basically, on target, and while I will happily stand corrected, the story uses…"
Steven S. Bammel replied to Chris's discussion Establishment Options outside FDI requirements"Chris - That's an interesting plan regarding the shell company. It does sound a little complicated though and definitely you should get qualified legal and accounting advice before moving forward. You might talk to the Seoul Global Business…"
Chris replied to Narayanan Kannan's discussion Permanent residency in Korea"One of the options which has recently had some light on it is to apply for an F2-99 Visa. (See this guest posting on Chris in South Korea -…"
Chris posted a discussionEstablishment Options outside FDI requirements
Having been in Korea several years I have long been interested in establishing a small business within the hospitality industry in Korea. This business would not be located in Seoul but in the southern region of the peninsula, where there is prospect for considerable growth, generally.My problem is this: Just as I was about to provide the required FDI funds, Korea, in its ‘wisdom’, upped the ante to 100m KRW putting the FDI process out of my league. Not one to give up easily I am now…See More
Chris posted a status"William hi. Headless in Korea.The pic was a larger than expected so I've cropped it. I hope to be posting some Q's in the very near future."
William Sisson left a comment for Chris"
Hi Chris and welcome to KBC. What happened to your head in your profile photo? Look forward to getting to know more about your business ambitions. Feel free to reach out to the group if we can be of assistance.
Cheers mate,
William"
Profile Information | 프로파일 정보
- How long have you been involved with Korea and/or Korean business? / 한국 또는 외국에 관련된 비즈니스에 몇 년 동안 종사하였습니까?
- 6-10 years / 6~10년 경력
- What is the nature of your involvement with Korea and/or Korean business? / 주로 어떤 직종의 비즈니스에 종사하였습니까?
- Looking to establish a business in Korea
- What is at least one benefit you hope to get from joining the Korea Business Central community? / 어떠한 목적을 갖고 Korea Business Central에 회원가입을 하였습니까? 또한, Korea Business Central 에 바라는 점
- Timely, accurate advice.
- How did you find out about Korea Business Central? / 어떠한 경로로 Korea Business Central를 가입하게 되었습니까?
- Search engine
Comment Wall (2 comments)
- At 3:40pm on August 9, 2011, Rob Julien said…
- Cheers Chris. I saw your hat earlier and thought that might be you. Never clicked on your profile 'till now though.
Cheers, seems like a pretty helpful place overall.
- At 9:16am on July 28, 2011, William Sisson said…
Hi Chris and welcome to KBC. What happened to your head in your profile photo? Look forward to getting to know more about your business ambitions. Feel free to reach out to the group if we can be of assistance.
Cheers mate,
William
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