How to Read a Korean Corporate Registry Extract

BTSDB Guide · Business — the court record behind every Korean corporation

WHO CAN SIGN? 4컷
1 I am the director
Your contact introduces himself as the company's director and offers to sign.
2 Is that on record?
A corporation's officers are listed at the court registry.
3 A different name is listed
The extract names someone else as representative director.
4 Ask for a delegation
The representative director signs, or delegates in writing.
The short version — The registry extract tells you who can sign for the company and how much capital it has. It is a public record anyone may obtain. It does not list shareholders, and it exists only for corporations, not sole proprietors.

Every Korean corporation is recorded at a court registry office. The printout of that record is the 법인등기부등본, formally called 등기사항전부증명서 (certificate of all registered matters). Where the business registration certificate shows tax registration, the registry extract shows the company's legal existence: when it was incorporated, where its head office is, what it may do, and who its officers are.

Section by section
Korean headingEnglishWhat to look for
등기번호 / 등록번호Registry number / corporate registration numberThe 13-digit corporate registration number. Different from the 10-digit business registration number
상호Company nameMust match the contract exactly, including 주식회사 before or after the name
본점Head officeCompare with the address on the business registration certificate
1주의 금액 / 발행주식의 총수Par value / shares issuedMultiply to check the capital figure
자본금의 액Paid-in capitalA very small figure next to large claims deserves a question
목적Business purposesThe activities the company is set up to carry out
임원에 관한 사항OfficersDirectors, the representative director (대표이사) and auditor, with appointment dates
회사성립연월일Date of incorporationHow long the corporation has existed
지점BranchesRegistered branch offices, if any
The officer section matters most

A Korean corporation is bound by its representative director (대표이사). The extract shows who holds that post now and since when. Check that the person signing your contract is that person, or holds a written delegation from them. Directors change, and a business card or an old company brochure is not evidence of current authority.

Struck-through lines are history

An extract can be issued in two forms. One shows only matters currently in effect. The other, marked 말소사항 포함, also shows cancelled entries with a line through them: former names, former addresses, former directors, earlier capital amounts. Ask for the version that includes cancelled entries. Frequent changes of name, address or representative in a short period are worth asking about.

What the extract does not show
Registry extract and business registration, side by side
Corporate registry extractBusiness registration
Kept byCourt registry officeTax office
Number13-digit corporate registration number10-digit business registration number
Exists forCorporations onlyEvery business, including sole proprietors
ShowsLegal form, capital, officers, historyTrade name, representative, address, line of business, tax type
Live status checkBy obtaining a fresh extractFree online lookup
How to obtain one
1
The record is public. Anyone can view or print it through the Supreme Court's Internet Registry Office (iros.go.kr) by searching the company name or registration number.
2
Online viewing costs KRW 700 and a printed certificate KRW 1,000 per company.
3
The site and the document are in Korean, and payment generally requires a Korean payment method.
4
The simpler route is to ask your Korean counterparty for a recently issued copy, then confirm the company name and representative against the live business status.
5
If you need it obtained and translated for you, see our document service.
Checklist when you have the extract

General information, not legal or tax advice. Data shown by BTSDB comes from official Korean government open-data services.

Frequently asked questions
What is a 법인등기부등본?

It is the extract of a Korean corporation's court registry record. It shows the company name, head office, capital, business purposes and officers, with their history.

Can anyone get a Korean company's registry extract?

Yes. The corporate registry is public and an extract can be viewed or issued online through the Internet Registry Office for a small fee.

Does the registry extract show who owns the company?

No. Shareholders are recorded in the company's own shareholder register, which is not part of the public registry.

Is there an official English version?

No. The registry issues the extract in Korean only. For use abroad it is usually translated, and where required notarised or apostilled.

Do sole proprietors have a registry extract?

No. Only corporations are registered at the court. For a sole proprietor, the business registration certificate is the document to ask for.

Sources
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