Revenue: company, LLP or branch. Research only: liaison office. Awarded project: project office. Manufacturing requires a company.

Mostly a private limited company owned by the Korean parent; it can do everything and pays dividends.

A branch is part of the parent with limited activities, no manufacturing or retail, taxed at 35%. A company is separate, broader, from 22%.

Small services without outside investors. Low upkeep but 30% tax and no shares for investors or options.

Sector caps, fair-value issuance and the SHA: deadlock, disputes, transfer limits and reserved matters in writing.

Yes in 100% automatic sectors, but you need two shareholders—often the parent plus a nominee or affiliate.

No direct conversion; set up a company and close the LO, which takes months.

Name ₹1,000; nil filing fee up to ₹15 lakh capital; stamp duty by state (₹720–₹6,020 at ₹10 lakh); DSC ₹1,500–₹2,500 each.

10–15 working days to certificate; 4–8 weeks including bank, capital and FC-GPR; allow 1–2 weeks for apostille.

No statutory minimum for companies or LLPs; choose a realistic amount. No filing fee up to ₹15 lakh authorised capital.

RBI approval typically 6–8 weeks, up to 10–20; then FC-1 (₹6,000) within 30 days.

Name ₹200; FiLLiP ₹500–₹5,000 up to ₹25 lakh; state stamp duty. About ₹6,000–₹18,000 all-in for small LLPs.

Government fees ₹600–₹1,200; accounting ₹15,000–₹50,000+; audit from ₹5,000–₹20,000, rising with size and TP.

English registry and licence, articles, board resolution, POA—all notarised and apostilled.

From MOFA or a designated agency; no Indian consular step is needed. Notarise first, then apostille.

Two or more directors, one staying 182+ days in India per financial year; others can be in Korea.

Use an expatriate or local executive; year one is pro-rated. Define liability if using a nominee.

DSC is a digital signature; DIN is a director number issued with SPICe+ (up to three).

Apply for up to two names avoiding clashes; valid 20 days. Using the parent's name needs a board resolution.

After the account opens, each shareholder remits the declared amount; agree the SWIFT format and collect FIRC and KYC.

Allot within 60 days of receipt and file within 30 days of allotment on FIRMS; register the entity master first.

₹7,500 + 0.025% × amount × days, doubling yearly, capped at 100%; beyond three years, compounding. No waiver.

Companies in automatic sectors report afterwards; branches and LOs need RBI approval; POs may use general permission.

Up to 10% non-controlling land-border ownership is automatic since March 2026; above needs approval. Offices from China or Hong Kong need prior RBI permission.

Yes under ECB rules, eased in February 2026; related-party loans must be at arm's length with a default 3-year maturity. LLPs qualify too.

22% base under the concessional regime (~25.17% effective), otherwise 25% or 30%; check 2026 surcharge changes.

35% plus 2%/5% surcharge and 4% cess; no extra tax on remitting profits.

Capped at 15% under the treaty, with a TRC and Form 10F.

From 1 April 2026 the Income-tax Act, 2025 uses a single tax year and new section numbers; MAT is 14% and final.

Arm's-length pricing and Form 3CEB where applicable (tax due 30 November); consider the 15.5% IT safe harbour.

AGILE-PRO-S starts the application, but an officer must approve it; plan before trading.

30 days: auditor and office proof; 60 days: share certificates; 180 days: INC-20A; plus FC-GPR.

From 31 March 2026, every three years by 30 June; ₹5,000 and deactivation if late.

Yes—subsidiaries are excluded from small-company relief.

FLA by 15 July, plus AOC-4, MGT-7 and the tax return.

AAC by 30 September, FC-3/FC-4 and a nil tax return.

Companies go through winding up or strike-off; offices need audit, tax clearance and RBI reporting. Adullam has handled liquidations.

Yes, with a virtual office, moving later; file INC-22 within 30 days if needed. See Adullam Property for offices.

Branches may buy property needed for business; liaison offices only lease. See Adullam Property's essentials.

Go where customers and suppliers are; Korean firms cluster in Delhi NCR, Chennai, Pune and Bengaluru. Stamp duty and incentives vary by state.

An IFSC in Gujarat for finance, insurance and funds, with its own regulator and tax regime.