Unincorporated Enterprise D-8-3
A required professional who plans to engage in the manufacturing·technical or management·administration area of a foreign-invested company run by a Korean National(individual) in accordance with the 「Foreign Investment Promotion Act」
You are eligible to apply for this visa if you are a person whose name is registered as a co-founder of a company run by Korean(individual) after investing in the company in accordance with the Foreign Investment Promotion Act
You can apply for a single-entry visa valid for 3 months.
Periods of stay for this visa will be granted for up to 1 year.
For more information on Alien Registration or Visa extension, please visit Hi Korea website at www.hikorea.go.kr.
① Visa Application Form (Form No. 17), passport, a photo in a standard format, fee
② A Foreign Investment Notification form or A copy of Certificate of FDI Company Registration
③ Usage statement of start up capitals from Korean co-founder.
④ Original copy of Business Partnership Agreement and A copy of Business Registration Certificate on which the name of co-founder is written
⑤ Documents demonstrating a transfer of investment capitals
Case A. Investment in Cash
– A permission of a foreign currency transfer, or a confirmation of foreign currency remittance issued by the respective customs service or a bank (or a financial institution) of a respective country
– A statement of investment funds such as a confirmation of foreign currency transfer, a certificate of purchased foreign currency, a customs declaration form and others
Case B. Investment in Kind
– A copy of Confirmation of Completion of In-Kind Investment issued by the head of Korean Customs Service
– A copy of Customs Import Declaration Certificate
⑥ Additional documents for private investors who has invested less than 300 million KRW
– Documents demonstrating an initial capital such as a receipt for the purchased goods, costs of office interior, a bank statement
– Documents verifying the existence of business (i.e. an office lease contract, photos of an office in a front and an inside view, a street sign of a company or others)
– Documents proving work or entrepreneurial experiences from an applicant’s country.
※ Private investors who have invested less than 300 million KRW and have no entrepreneurial experiences will be closely reviewed.
※ The head of Korean diplomatic missions abroad may request for additional documents depending on the condition of the country of residence/jurisdiction if it is deemed necessary for visa evaluation.