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  • Newly Appointed Employee's Change in Visa Status
    • 담당부서 : 외투기업고충처리실(고상원)
    • 조회수 : 4,016
  • Organization : department of immigration
  • Regulation : Immigration Law Article 24
Company D appointed the chairman of its subsidiary, Company A, as the head of the board and is in the process of changing his visa D-8 status. The appointee entered Korea on a 90 day temporary stay visa.

The company submitted the registration form and other required forms; however the company’s profit and loss statement was missing. This form is necessary for confirmation of operation.

As the company is plans to acquire the necessary forms, and the chairman needs his/her passport to process his/her appointment, the company asked for the passport to be returned the same day.

Resoultion and Results
Resolution and Results
Company D has a long history of large-scale investment in Korea (since 1969), and its Korean subsidiary is also well established in Korea. So, the OIO representative asked the department of immigration to make an exception to the rule, and return the chairman’s passport on the condition that he guarantees submission of the profit loss statement.

Corporate operations were confirmed and the Office of Immigration accepted the promise of submission the profit and loss statement. The chairman’s passport was returned May 28, 2007.