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Where to Find Your Business Registration Number in South Korea

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Where to Find Your
Business
Registration
Number in South
Korea
Finding your business registration number in South Korea is crucial for
many business operations, including tax reporting and legal compliance.
This guide will help you navigate the process.
What is a Business Registration Number?
In South Korea, the Business Registration Number (BRN) is a unique 10-digit identification code assigned to each company
registered with the National Tax Service (NTS).
Unique Identifier
Legal Recognition
Tax Compliance
Acts as a primary identifier for your
Confirms your company's legal
Essential for filing tax returns and
business within South Korea.
existence and allows you to conduct
paying taxes. It also helps prevent tax
business activities.
fraud.
Why is the Business Registration Number
Important?
Your BRN is indispensable for various business activities and is often required for:
1
3
Opening a Bank Account
2
Obtaining Business Licenses
Financial institutions require the BRN to verify your
Many business licenses and permits require the BRN to
company's legitimacy.
ensure proper authorization.
Entering into Contracts
4
Accessing Government Services
The BRN is often included in contracts to identify the
Government services often require the BRN for
contracting parties.
registration and accessing benefits.
Where to Locate Your Business Registration
Number
The BRN is typically found on official documents issued by the NTS. Here are some common locations:
Business Registration
Certificate
Tax Returns
Company Documents
The BRN is printed on all tax returns
Company documents like invoices and
The most direct source for your BRN,
submitted to the NTS.
contracts often include the BRN.
typically issued at the time of
registration.
Online Business Registration
Number Lookup
The NTS provides an online portal for searching business registration
numbers based on company name or other details.
Visit NTS Website
1
Access the official website of the NTS.
Search for Business Information
2
Look for a section dedicated to business registration or
company information.
Enter Company Details
3
Provide the necessary details, such as company name or
registration number if known.
View Search Results
4
The results will display relevant information, including the
business registration number.
Requesting a Copy of Your
Business Registration
Certificate
If you need a physical copy of your business registration certificate, you can
request one from the NTS either online or in person.
Online
Visit the NTS website and submit
a request with your BRN and
other details. Visit a local NTS
In Person
office with
identification and a request for a
copy of your certificate.
Updating Your Business
Registration Information
Changes in your company information, such as a change of address, must
be reported to the NTS to keep your registration accurate.
1
Notification
Submit a notification of change to the NTS through their
online portal or by visiting a local office.
2
Verification
The NTS will review the notification and verify the updated
information.
3
Update
Once verified, the NTS will update the official business
registration records.
Frequently Asked Questions
about Business Registration
in South Korea
Here are some common questions about business registration in South
Korea. If you have further questions, consult the NTS website or visit a local
office.
What are the different types of business registration in
South Korea?
South Korea offers various business registration types, including
corporations, partnerships, and sole proprietorships. Each type has its own
requirements and implications.
How much does it cost to register a business in South
Korea?
Registration fees vary depending on the type of business and the specific
registration requirements. Check the NTS website for details.
How long does it take to register a business in South
Korea?
The registration process typically takes several days to a few weeks,
depending on the complexity of your business.
For More Visit:
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