합명회사 (general partnership company)South Korea
What it takes to form, own and run a general partnership in South Korea, and how its profit is taxed. Each figure links to the page it was read from.
This company type
At a glance
The registry’s and the law’s own pages do not mention it.
Quote
상사회사, 그 밖의 영리법인의 설립 또는 합병으로 인한 존속법인 1) 설립과 납입: 납입한 주식금액이나 출자금액 또는 현금 외의 출자가액의 1천분의 4(세액이 11만2천5백원 미만인 때에는 11만2천5백원으로 한다.
Form it
Who registers it
- Registry
- 등기소 (court registry offices; the Commercial Registration Act, art. 4)
- Formed without visiting
- Not in our records
- Formed online
- Yes
What it takes to form
Not in our records A notary, A resident director, Paying up the capital: none of these is in our records for the 합명회사 (general partnership company).
Own it
Who may own and run it
- Directors
- Does not apply
- Shareholders
- At least 2
Quote
합명회사의 설립에는 2인 이상의 사원이 공동으로 정관을 작성하여야 한다.
- Members
- At least 2
Quote
합명회사의 설립에는 2인 이상의 사원이 공동으로 정관을 작성하여야 한다.
- A local company secretary
- Not stated
The registry’s and the law’s own pages do not mention it.
- A local registered agent
- Not stated
The registry’s and the law’s own pages do not mention it.
Each year, at the registry
Not in our records Annual registry fee, Accounts on the public record, Audit for a small company, Audit: none of these is in our records for the 합명회사 (general partnership company).
Important dates
When each obligation falls due, as the authority states it.
- Registration of a change in a registered matter
- 14 days after change of officers
With the registry office
Changes to the matters registered at formation (art. 180), including members' details, are registered within 2 weeks.
What is public
- Directors
- Public
Quote
누구든지 수수료를 내고
- Shareholders
- Public
Quote
누구든지 수수료를 내고
Tax
Tax on profit
How this company type is taxed, which can differ from its place’s headline rate.
Varies · 10–25%
A 합명회사 is a 법인 (상법 제169조) and so a 내국법인 under the corporate tax; same progressive bands (법인세법 제55조; NTS rate table for business years from 2026). The tax page itself does not name this type.
Quote
이 법에서 “회사”란 상행위나 그 밖의 영리를 목적으로 하여 설립한 법인을 말한다.
Work it out on a profit figure: the company’s tax, the owner’s, and what is left.
- CFC rules in South Korea
- Not in our records
Close it
Closing it
The other end, which most guides leave out.
- Route
- 해산 on the grounds in 상법 제227조 (incl. a single remaining member), registered within 2 weeks (제228조), then liquidation
Quote
회사는 다음의 사유로 인하여 해산한다. 1. 존립기간의 만료 기타 정관으로 정한 사유의 발생 2. 총사원의 동의 3. 사원이 1인으로 된 때
- Statutory fee
- Not in our records
Every business in South Korea
VAT
- The tax
- VAT (value added tax)
Quote
일반과세자의 부가가치세 세율 일반과세자의 부가가치세 세율 : 업종, 세율 포함 업종 세율 모든 업종 10%
- Standard rate
- 10%
Quote
일반과세자의 부가가치세 세율 일반과세자의 부가가치세 세율 : 업종, 세율 포함 업종 세율 모든 업종 10%
- Other rates
- Not stated
- Registration threshold
- No threshold: from the first taxable supply
no turnover threshold: registration is due before business starts or within 20 days of starting, for every business place
Quote
사업개시 전 또는 사업을 시작한 날로부터 20일 이내에 구비서류를 갖추어 관할세무서 또는 가까운 세무서 민원봉사실에 신청하여야 함
- Voluntary registration
- No
Registration has no turnover threshold, so there is no below-threshold voluntary registration; an application may be filed before the business starts.
Quote
사업개시 전 또는 사업을 시작한 날로부터 20일 이내에 구비서류를 갖추어 관할세무서 또는 가까운 세무서 민원봉사실에 신청하여야 함
- A foreign company
- Registers from its first taxable supply
The 20-day registration rule carries no turnover condition, so a business with no establishment registers from its first taxable supply. The NTS page for foreign suppliers of electronic services is drawn by script on Hometax and could not be read, so a representative requirement is unrecorded.
Quote
사업개시 전 또는 사업을 시작한 날로부터 20일 이내에 구비서류를 갖추어 관할세무서 또는 가까운 세무서 민원봉사실에 신청하여야 함
- Returns filed
- Quarterly
Quote
일반적인 경우 법인사업자는 1년에 4회, 개인사업자는 2회 신고하며 과세기간 중에 월별 조기환급 신고를 한 경우에는 해당기간의 실적은 제외하고 신고하여야 합니다.
- Tax authority
- Registration page read 2026-10-22
Payment and banking services
2 services name South Korea on their own list: Paysera, Airwallex. Each provider, and what a listing means.
Reference
Its name and code
- Kind
- General partnershipDerived our grouping, the same words in every country
- Name in law
- 합명회사 (general partnership company)
- ISO 20275 code
- AXEQSecondary GLEIF, Entity Legal Forms code list