|
Q：
|
May a representative office engage in business activities?
|
|
A：
|
No. it is limited to non-profit activities such as liaison, market research, providing quotations, negotiating, bidding, and procurement. It may not directly engage in commercial acts such as the sale of goods or services.
|
|
Q：
|
Is a representative office required to file taxes?
|
|
A：
|
Since a representative office does not engage in profit-making activities, it is not required to file income tax. However, it must submit withholding tax filings each January.
|
|
Q：
|
Is a bank account required for a representative office?
|
|
A：
|
Since the registration of a representative office does not involve a capital verification process, a bank account is not mandatory. One may open an account with a bank as needed.
|
|
Q：
|
Can the head of a foreign representative office apply for a work permit?
|
|
A：
|
Yes. They may apply as long as they meet the requirements published by the Ministry of Labor and the National Immigration Agency.
|
|
Q：
|
How can one verify if a representative office name is already registered?
|
|
A：
|
A representative office is not required to conduct a company name reservation, so verifying registration of the name is unnecessary.
|
FAQ
