Construction contractor registration
Electrical Construction Business Registration Requirements — 3 Engineers, Capital of 150,000,000 Won and Registration Documents
To run an electrical construction business, you register with the mayor or governor of the city or province having jurisdiction over the principal business office, and the application is submitted to the designated construction business association. The registration criteria are 3 or more electrical construction engineers (at least 1 being a professional engineer, master craftsman, engineer or industrial engineer), capital of 150,000,000 won or more and an office, and a guarantee capacity confirmation stating that an amount equal to or above the capital standard can be guaranteed is submitted together. Before 5 years have passed since registration, the registration criteria are reported when 3 years have passed.
Procedure
1. Check the registration criteria
3 or more electrical construction engineers must belong as full-time officers or employees, and at least 1 of them must hold a professional engineer, master craftsman, engineer or industrial engineer qualification. Capital must be 150,000,000 won or more, and for a corporation both paid-in capital and actual capital must each meet the standard. An office for running the business is also required.
2. Obtain a guarantee capacity confirmation
Provide collateral of 25% or more of the capital standard amount, or make a cash deposit or contribution, to the Electrical Contractors Financial Cooperative or a designated financial institution, and obtain a confirmation that an amount equal to or above the capital standard can be guaranteed.
3. Prepare the attachments
Prepare documents on the personal details of the applicant (officers for a corporation), a corporate diagnosis report, the guarantee capacity confirmation, a list of electrical construction engineers with copies of their career certificates, and a copy of the lease contract (if leased). All documents must be prepared or issued within 30 days before the application is submitted.
4. Apply and receive the registration certificate
Submit the electrical construction business registration application to the designated construction business association, which reviews the documents and forwards them to the mayor or governor. The engineers' national pension and health insurance enrollment and the office building information are checked through shared administrative information. Once registered, a registration certificate and registration handbook are issued.
5. Report of change and report on registration criteria
If the office location, representative, capital or electrical construction engineers change, file a report of change within 30 days from the date the reason arises. Transfer of the business or a corporate merger is also reported, and once 3 years have passed since registration, the registration criteria are reported.
Required documents
- Electrical construction business registration application
- Documents on the personal details of the applicant (all officers including the representative for a corporation)
- Corporate diagnosis report
- Guarantee capacity confirmation
- List of electrical construction engineers and copies of their career certificates
- Copy of the office lease contract (if leased)
- Letter of authorization (when submitted through an agent)
Fees
Typically several hundred thousand won in the industry · We will advise after consultation depending on whether it is a new registration or a report of change or transfer, and the status of the engineer team. Costs required for registration, such as the cooperative contribution, are separate.
Legal basis and review date
- Electrical Construction Business Act, Article 4
- Electrical Construction Business Act, Article 7
- Enforcement Decree of the Electrical Construction Business Act, Article 6
- Enforcement Decree of the Electrical Construction Business Act, Annex 3
- Enforcement Rule of the Electrical Construction Business Act, Article 3
- Enforcement Rule of the Electrical Construction Business Act, Article 8
Check these first
- Only attachments issued within 30 days before submission are accepted, so prepare them in the right issuance order.
- If capital or engineers fall below the criteria after registration, it can be a ground for sanctions, so check immediately when changes occur.
Frequently asked questions
Can a sole proprietor register an electrical construction business?
What qualifications do electrical construction engineers need?
How do I obtain a guarantee capacity confirmation?
What do I do if an engineer leaves?
Can I transfer the electrical construction business to someone else?
Does an administrative agent handle electrical construction business registration?
Contact us
Hwang Yunsang Administrative Office in Songdo, Incheon prepares and submits administrative documents and explains the procedure. If your situation is similar, send us a message.
📍 2697, 26F POSCO Tower-Songdo, 165 Convensia-daero, Yeonsu-gu, Incheon, Republic of Korea · 📞 010-3374-2687 · 🌐 hwangadmin.com
This guide is general information based on public sources. Requirements, documents and deadlines differ by case and by the competent agency, so please confirm them before you proceed.
