- Head office, Foreign Investment Center and branch office of Kiupbank conduct all transactions
related to foreign investment. Also, Foreign Investment Center helps foreign investors for investment consulting, preparation of contract and reporting form, procedures for establishment of company.
- Foundation of new incorporation.
- investing for capital increase of domestic company or FIE
- Acquisition of existing stocks of domestic shareholder of company or FIE
- Direct contract between foreign investor and domestic a shareholder.
- Acquisition of more than 10% of the total shares traded in the market opened by the Korea Stock Exchange.
- In case FIE takes 5 years or longer-term loan from the parent company overseas or its affiliate.
- In case foreign investor convert reserve fund or revaluation reserves of FIE to capital contribution.
- In case foreign investor acquire stocks of the new or existing company by merger and acquisition of FIE
- Acquisition of stocks of FIE by buying, inheritance, capital increase, and donation from foreign investor
- Incase of converting from a convertible bond, exchanging from an exchangeable bond, and underwriting a certificate of stock deposit
- Minimum Investment Amount : minimum amount (KRW 50 million) is stipulated in the regulation.
- Investment Ratio : It should hold more than 10% of the total shares to be deemed as Foreign Invested Enterprise (FIE). There is an exceptional case that deems it to be FIE, even with less than a 10 percent stake in the business where:
- contracts agreed between you and your counterpart stipulates that you are able to participate in the management, regardless of the stakes you have.
- long-term contracts (5 years or more) for buying or selling raw materials or products
- Contract of transfer or introduction of the technology or joint R & D
