Long-Term Loan

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Long-Term Loan

Foreign Direct Investment Flowchart

※ Long-term loans may be provided only when equity investment has been made by the foreign investor.

Conclusion of Contract

Conclude a contract for a long-term loan between a foreign investor (loan provider) and a foreign-invested company.

Foreign Direct Investment Notification

A foreign investor is required to pre-notify FDI to the Foreign Investor Support Center in KOTRA headquarters or a foreign exchange bank.

Remittance of Loan

The foreign investor (loan provider) remits the loan to the corporate account of the foreign-invested company.

Deposit

The loan amount is deposited into the corporate account of the foreign-invested company by the loan provider in accordance with the foreign investment notification.

REQUIREMENTS

Foreign Direct Investment Notification of Long-term Loan

2 copies of the notification form
Attached Form 2 of the Enforcement Rules of the Foreign Investment Promotion Act: Notification of foreign investment in the form of a long-term loan
Foreign investor (loan provider)’s certificate of nationality
Document certifying investment relations with an overseas parent company or a parent company
Copy of the loan contract
Where an agent files an application: Power of attorney and the agent’s identification

※ Contact: KOTRA Investment Consulting Center (1600-7119)