Not Eligible๐Ÿ’ฐ Financial & Insurance Services

Insurance

Last updated: 2026.04.06

The insurance business requires Financial Services Commission approval under the Insurance Business Act, with strict physical requirements such as enormous capital and server facilities, so non-resident address registration is restricted.

Registration Status

Not Eligible6

Key Points

  • Insurance is restricted from virtual office registration.
  • Sub-type breakdown โ€” Not eligible: 6
  • โ˜‘๏ธ If you do not directly run an insurance service but broker the sale and consuโ€ฆ

Which sub-types of Insurance can be registered?

Not Eligible 6

  • Business mutual aid
  • Guarantee insurance
  • Life insurance
  • Non-life insurance
  • Personal mutual aid

Notes

โ˜‘๏ธ If you do not directly run an insurance service but broker the sale and consultation of insurance products, you can apply for non-resident registration as 'insurance agency & brokerage'. โ˜‘๏ธ Establishing an insurer (life, non-life, etc.) involves strict on-site inspection by the Financial Services Commission, so a non-resident office cannot meet the licensing requirements.

Have more questions about registering Insurance?

About the author

Coworkcity CX Team

Coworkcity CX Team

Customer Experience Team

Experience

  • 30,000+ business registration consultations handled across business types
  • Business-type suitability verified and managed across 220+ branches nationwide
  • Specialized guidance for licensed and OEM business registrations
  • Analysis of rejected registrations by business type and FAQ management
Insurance: Business Registration with a Virtual Office | Coworkcity