Information and Communications Construction Business Registration

Procedure

Procedure

1. 01

   Check the registration standards: Capital must be 150,000,000 won or more excluding capital not used for the business, and for individuals the asset valuation is used. At least 3 technical-grade information and communications engineers (at least 1 intermediate or higher) and at least 1 skill-grade engineer must be full-time officers or employees, and the skill-grade engineer can be replaced by a technical-grade engineer.

2. 02

   Obtain the deposit or investment certificate: Deposit cash or invest at least 10% of the capital standard with the Information and Communication Financial Cooperative or a financial company designated by the Minister of Science and ICT, and obtain a certificate proving it. This certificate must also be issued within 30 days before the application date, so obtain it in line with the application schedule.

3. 03

   Prepare attached documents: Prepare documents on the personal details of the applicant (for a corporation, officers including the representative), a corporate diagnosis report prepared under the corporate diagnosis guidelines for information and communications construction, the list of engineers with copies of their career books, and a copy of the office lease. If the office is a temporary building subject to reporting, attach the construction report certificate as well.

4. 04

   Application and issuance of the registration certificate: When the information and communications construction business registration application is filed with the mayor or governor, the engineers' national pension and health insurance enrollment and the building information are checked through administrative data. If attached documents are missing or unclear, the mayor or governor sets a period and requests supplementation, and once registered a registration certificate and registration booklet are issued.

5. 05

   Change reports and transfer reports: When the business office location, representative or engineers change, or capital falls below the registration standard, file a change report within 30 days from the date of the change. For a transfer of the business or a corporate merger, the parties jointly file a report within 30 days from the transfer contract date or the merger registration date.

Filing route

Filing route

Deadlines & processing notes

Deadlines & processing notes

Basic documents

Basic documents

A corporation can apply only in the name of its registered representative and attached documents must have been issued within 30 days before the application date, so align the issue dates of the corporate diagnosis report and the deposit or investment certificate with the application date.