Rent business addresses in Seoul

The capital of South Korea and a huge and dynamic metropolis with modern skyscrapers

With and without founding a company!
No brokerage fees!
No money for office equipment!
No lengthy search for an office!
No search for service providers!
No search for personnel!
Equipment and reception staff are significant cost factors that put a huge strain on your budget. With Tempulse.Global's virtual offices, you minimize your costs. You save time searching for a location abroad.

Seoul

  • The capital and largest metropolis of South Korea
  • Seoul Capital Area is home to the headquarters of 14 Fortune Global 500 companies
  • The business and financial center of South Korea
  • One of the most financially competitive cities in the world

CORPORATE INCOME TAX

Corporation tax is based on the amount of taxable income and is between 10% and 24%. The taxable assessment basis is the difference between gross income and gross expenses.

GDP in (EUR)

Assuming an average exchange rate of EUR 0.95 for USD 1:

  • The gross domestic product (GDP) per capita in South Korea for 2022, converted into euros, is around EUR 30,797.42.
  • GDP per capita in South Korea, converted into euros, is forecast to be around EUR 31,489.87 in 2023.

SALES TAX RATE

In South Korea, including the capital Seoul, sales tax is referred to as value added tax (VAT). The general VAT rate is a uniform 10% nationwide. This rate applies to most goods and services. There are no reduced rates or zero rates for daily consumption; the 10% VAT is applied fairly comprehensively to sales and imports of goods as well as services.

South Korean VAT is administered by the National Tax Service (NTS) of South Korea. Companies that sell goods or provide services in South Korea are generally required to register for VAT and pay it to the tax office. This tax contributes significantly to national revenue and covers a wide range of business activities.

There are exceptions and exemptions from VAT for certain types of goods and services, such as medical services and certain educational services, but these are limited and specifically defined.

You only pay for the services that you currently need and use!

Available services

Why Seoul?
With a virtual business address in Seoul in the Sudogwon metropolitan region, your foreign company is in the economic and political center of the country. With a foreign company in Seoul, you are positioning yourself in one of the largest metropolitan areas in the world, one of the largest economies in East Asia. Yeouido Island is home to Seoul's banking district and the South Korean television station KBS. The Munhwa Broadcasting Corporation (MBC) also has its headquarters here. One of the island's landmarks is Building 63, the headquarters of the South Korean insurance company Hanwha Daehan Life Insurance and the industrial bank Kiup Bank. The Korea Exchange with the technology index KOSDAQ is based on Yeouido Island. The Gangnam-gu business district is also one of Seoul's affluent areas and many internet giants are based on Tehran Street - "Tehranno". The "Tehran Valley" in Seoul is extremely dynamic due to the high number of companies from the IT and internet sector. The British financial services company Standard Chartered has its headquarters in the street and it is not without reason that the Gangnam-Gu district is one of the most expensive real estate markets in East Asia.
 
Advantages

Your new business address is located in the center of Gukjegeumyung-ro in Seoul. Your business address is ready for immediate use and is located in an extremely lucrative economic environment, as Seoul is booming technologically and economically. Incheon International Airport is the city's international airport. Incheon Gukje Gonghang Airport is an important hub and is the seventh largest airport in Asia in terms of traffic volume. It is followed by Tokyo-Haneda at our location in Japan, Beijing Airport at one of our locations in the People's Republic of China, Bangkok-Suvarnabhumi Airport at our Bangkok location in Thailand, Singapore Changi Airport at our location in the Republic of Singapore and Narita Airport at our location near Tokyo in Japan. From Frankfurt Airport (FRA) to Incheon Gukje Gonghang, Incheon International Airport (ICN), as the airport in Seoul is also known, the distance is 8,544 kilometers and the flight time to Seoul is approximately 10 hours and 15 minutes. When you are in Seoul, you have many different options for traveling around the city. By bus, train, cab, subway and other means of transportation, everything is possible in Seoul. Seoul's impressive digital ecosystem works and is well advanced. The pace in the city is breathtaking and Seoul in South Korea is a dynamic high-tech location. The economy of Seoul in South Korea is dependent on exports. With a total population of around 9,800,000, Seoul represents a huge market with enormous purchasing power. Consumers exert a huge attraction on companies worldwide. South Korea's total gross domestic product reached a new record of around 1.6 trillion US dollars in 2018. The Korea Export Industrial Complex, also known as the Guro Industrial Complex, offers around 8,000 companies the opportunity to do business in an area of 1.98 square kilometers. More than 100,000 people are employed here, mainly in the fields of development, IT, assembly and paper production. Accordingly, there is intensive investment in training, research and technology. Tourism is also of economic importance. With 10.2 million foreign visitors and a turnover of 12.3 billion US dollars, it is an important factor in the metropolis. The "digitalization" of the economy and society is being vigorously promoted in Seoul. Excellent opportunities to position your foreign company in a huge growth market in the metropolis of Seoul.

An attractive business address

As the historical center of South Korea and the birthplace of the Korean Wave and K-Pop, Seoul is the tenth most visited metropolis in the world with over 9,500,000 tourists. The capital of South Korea is also the financial, cultural and educational center. 15 of the Fortune Global 500 companies have their headquarters in the metropolis. The tallest building and the sixth tallest building in the world is the Lotte World Tower in the Songpa-Gu district at 555 meters. The tallest residential building, the Samsung Tower Palace 3 Tower G, is 264 meters high in the Gangnam-Gu district. There are numerous parks and recreational areas in the city. The "Namsam" is a public park including a botanical garden, an octagonal pavilion and a museum village. The traditional "Hanok" houses in Seoul are located here. The N Seoul Tower with its revolving restaurant is the landmark of the metropolis and near Daehangno ("University Street") is the "Naksan Park", which also houses part of the Seoul city wall. Seoullo 7017 is a 1 km long section of a former elevated road. Inspired by a similar project at our location in New York City, the High Line, it was converted into a crosswalk and inner-city park and is considered an attraction in the city. Converting the US military base in the Yongsan-gu district, whose territory is to be returned to South Korea in 2021, into a park. TEMPULSE.GLOBAL NEW WORK offers the opportunity to develop the market in Seoul.

Your business address

Your name

Your company name

Gukjegeumyung-ro

07326 Seoul

South Korea

 

Important note on the use of addresses

Due to local legal regulations, you cannot use this address to register with the authorities or to set up a company. We are happy to help you find an alternative, please contact us:

support@tempulse.global

Why is a foreign company in Seoul in South Korea interesting?

With a population of around 9,800,000, Seoul is a very dynamic metropolis. All foreign trade is handled via the port of Incheon, which is also home to Incheon International Airport, one of the largest airports in Asia. The proximity of the People's Republic of China to our locations in Beijing and Shanghai and our Tokyo location in Japan has allowed the Seoul location to grow rapidly. Seoul's important trading partners also include our locations in Taipei in Taiwan and Bangkok in Thailand. The Hyundai Group is the second largest group of companies in South Korea after the Samsung Group, which has its headquarters in nearby Suwon. Hyundai Merchant Marine (HMM) is one of the world's largest shipping companies and has a branch office at our location in Hamburg, Germany. Together with other shipping companies, Hyundai Merchant Marine forms the consortium The New World Alliance (TNWA). Songdo City, the smart city created on the drawing board, is only about 25 kilometers from Seoul.

What makes the metropolis of Seoul and South Korea so indescribable?

Tradition and modernity are not opposites in Korea. Confucius says: The royal palace complexes in Seoul are a treasure chest according to UNESCO and the capital of the Silla Empire is Gyeongju. The South Koreans are very helpful and open-hearted. The island world with the beautiful Jeju Island and its unique lava caves is a World Heritage Site. The mountains are a paradise for hikers and the view from the Seoraskan mountain range is breathtaking. Buddhist temples can be visited through special temple stay programs. You will find the biggest shopping El Dorado with the largest department store Shinsegae in Busan. With a high level of digital perfection, excellent features and benefits, you position your business directly in a very good location in the center of Seoul. Upon arrival, everything is organized and ready for immediate use.

Street view
Prices

Monthly

Postbox typePrivateStandardOffice
Account including 1 mailbox monthly use38,67
162,17
599,40
Mobile application (IOS & Android)   
Contract term1 month1 month1 month
Incoming letters included 510
Scan envelope (front) 510
Scanning letter contents1310
Included pages when scanning234
Save letters5 days10 days20 days
Storage of parcels2 days5 days10 days
Cloud connection   




yearly

Postbox typePrivateStandardOffice
Account including 1 Postbox per year Use425,10
1.783,86
3.571,62
Mobile application (IOS & Android)   
Contract term12 months12 months12 months
Incoming letters included 510
Scan envelope (front) 510
Scanning letter contents1310
Included pages when scanning234
Save letters5 days10 days20 days
Storage of parcels2 days5 days10 days
Cloud connection   

Real employees

Real employees who take care of incoming mail and office management competently and confidentially. TempulseMail increases your success instead of jeopardizing it.

Scan mail

The high-quality OCR scan gives you a digital insight into your letters and parcels in no time at all

Real business addresses

You can choose from 64 prestigious business addresses worldwide. From Germany to Europe and around the globe.

Mail forwarding

However, if you would like to have a specific letter or parcel physically available, you can simply use TempulseMail.

Mobile app

You can access your digital mailbox in two ways at any time. Either via the intuitive online interface or via the free TempulseMail software.

EXCLUSIVE

Storage / Destruction

While our employees sort out clear advertising mail directly, the rest of the irrelevant mail can be conveniently destroyed by yourself.

Local phone number

After signing up, you could save as many phone numbers as you want in your account, anywhere in the world.

Real employees

Real employees who take care of incoming mail and office management competently and confidentially. TempulseMail increases your success instead of jeopardizing it.

Real business addresses

You can choose from 64 prestigious business addresses worldwide. From Germany to Europe and around the globe.

Mobile app

You can access your digital mailbox in two ways at any time. Either via the intuitive online interface or via the free TempulseMail software.

EXCLUSIVE

Local phone number

After signing up, you could save as many phone numbers as you want in your account, anywhere in the world.

Mail forwarding

However, if you would like to have a specific letter or parcel physically available, you can simply use TempulseMail.

Scan mail

The high-quality OCR scan gives you a digital insight into your letters and parcels in no time at all

Storage / Destruction

While our employees sort out clear advertising mail directly, the rest of the irrelevant mail can be conveniently destroyed by yourself.