Last Updated on November 7, 2023
Engaging in business with unverified Korean companies entails inherent risks. Prior to entering into contracts or transactions, it is wise to conduct a comprehensive due diligence process to validate a company's registration, licensing, operations, and reputation.
KOISRA UP specializes in background investigations and verification of South Korean companies. Our services play a vital role in mitigating risks when evaluating potential Korean suppliers, distributors, investors, or acquisition targets.
Challenges arise when conducting such due diligence in South Korea. Firstly, there is currently no official English-language database provided by the Korean government for basic company information lookups or verifications. Additionally, due to prevailing legal provisions, all lawsuits and court rulings related to companies or individuals are kept confidential and remain inaccessible to the public. Consequently, it is imperative to meticulously examine a company's status by employing alternative investigative methods and rigorous cross-verification procedures.
KOISRA’s Korean company verification services encompass the following key areas:
- Locate Company Registration Details
- Issue Official Registration Certificates
- Validate Business Registration
- Verify Tax Account Status
- Confirm Registered Addresses
- Physically Verify Addresses
- Provide Listed Directors Information
- Check Registered Capital
- Examine Registered Business Activities
- Review Licenses and Permits
- Assess Company's Public Reputation
- Perform Due Diligence with Stakeholders
The extent of discoverable information depends on the company's status, available government filings, held licenses, and client requirements. While some checks can be conducted online, others necessitate extensive data cross-validation and in-person verification.
With over 14 years of experience, KOISRA UP provides professional Korean company due diligence services. Our qualified staff have expertise across all industries and business needs, allowing us to offer tailored solutions designed to mitigate the specific risks faced by your organization.
Contact KOISRA UP today to verify your South Korean business partner and safeguard your operations from potential pitfalls. Our team is ready to provide strategic insights that inform your decisions and maximize opportunities.
“What our Clients say
We used KOISRA UP to do some Due Diligence checks, for peace of mind with a potential trading partner. It was very hard to find any information ourselves to validate the Korean company we were trading with, even with details of their tax or company identification number. Any website we could find was not available in English which made things very difficult. KOISRA UP were quick, efficient and easy to do business with. I would definitely recommend doing business with them.
Mike H., Business Development Manager- SAI Global
Do you need to Verify a Company in Korea?
Call Us: +82-70-5038-4101, Send an Email or Leave us a Message in the form below. We will be happy to answer your questions!
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