Question 1

How do I register a business using a virtual office?

Accepted Answer

Once your contract is complete and you receive the e-signed contract, you can submit it to your local tax office to apply for business registration. We guarantee a 100% refund if your registration is rejected.

Question 2

Does this branch support on-site inspections?

Accepted Answer

This branch provides seating for on-site inspection responses, so you can respond in person when a tax office official visits. COWORKCITY guides you through the documents and procedures needed for business registration and on-site inspections.

Question 3

How is mail handled?

Accepted Answer

When mail arrives, we'll notify you via KakaoTalk. If you choose our standard mail-opening service, we'll scan the contents and forward them to you.

Question 4

What should I do when my contract expires?

Accepted Answer

You can request to end your use of the business address from My Page. Even if you apply early, you can continue using the address until the contract expiration date. Once your use is properly ended, no further automatic payments or contract renewals will be processed.

Question 5

Can both individual and corporate businesses sign a contract?

Accepted Answer

This branch is available to both individual and corporate businesses. The available billing cycles (monthly/annual) may vary by branch, so please check the detail page.

Question 6

How much is the license registration tax for establishing a corporation at this branch?

Accepted Answer

Based on capital of 10 million KRW, the estimated license registration tax is 337,500 KRW + local education tax of 67,500 KRW = 405,000 KRW in total. This branch is within an Overconcentration Control Region, so a 3x surcharge applies to the base license registration tax. You can find detailed amounts by capital in the "Reference Costs for Business Registration" section above, and please confirm the exact amount with your local tax office or accountant.

Question 7

Is this branch in an Overconcentration Control Region?

Accepted Answer

Yes, this branch falls within an Overconcentration Control Region under the Seoul Metropolitan Area Readjustment Planning Act. Please note that the license registration tax is tripled when establishing a corporation.

Question 8

Which is the local tax office, and how do I handle an on-site inspection?

Accepted Answer

This branch falls under the jurisdiction of Yeongdeungpo Tax Office. Its address is 서울특별시 영등포구 선유로 243, and its phone number is 02-2630-9200. Seating is provided so you can respond in person during an on-site inspection. We'll guide you through the detailed procedures after your contract is signed.

Question 9

I'm new to virtual offices and want to understand the concept first

Accepted Answer

A virtual office is an address service that lets you use a business address for registration without physically moving in. You can find the full picture—the concept, pros and cons, the registration process, and how to handle on-site inspections—in our "What Is a Virtual Office?" guide (/what-is-virtual-office).

Capital	License Registration Tax	Local Education Tax	Total
1,000,000 KRW	337,500 KRW	67,500 KRW	405,000 KRW
10,000,000 KRW	337,500 KRW	67,500 KRW	405,000 KRW
50,000,000 KRW	600,000 KRW	120,000 KRW	720,000 KRW
100,000,000 KRW	1,200,000 KRW	240,000 KRW	1,440,000 KRW

Seoul Yeongdeungpo-gu Direct Branch Virtual Office | COWORKCITY

Basic Information

Operating Information

Local Tax Office

Reference Costs for Business Registration

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Frequently Asked Questions

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