Not Eligible💰 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 — Not eligible: 6
- ☑️ If you do not directly run an insurance service but broker the sale and consu…
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
☑️ 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'. ☑️ 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
Customer Experience Team
Experience
- 30,000+ business registration consultations handled across business types
- Business-type suitability verified and managed across 180+ branches nationwide
- Specialized guidance for licensed and OEM business registrations
- Analysis of rejected registrations by business type and FAQ management