Businessregistration
Applicationfor business registration-An entrepreneur shall file an application for business registration for eachplace of business with the head of the tax office having jurisdiction over eachplace of business, within 20 days from the commencement date of his/herbusiness (Main body of Article 8(1) of the Value-Added Tax Act).
·However, a person who intends to newly start a business may file an applicationfor business registration even before the commencement date of the business (Aprovision of Article 8(1) of the Value-Added Tax Act).
-An entrepreneur may file an application for business registration with the headof any tax office other than the head of the tax office having jurisdictionover his/her place of business. In such cases, he/she shall be deemed to havefiled an application for business registration with the head of the tax officehaving jurisdiction over his/her place of business (Article 8(2) of theValue-Added Tax Act).
Documentsto be submitted for application- An entrepreneurwho seeks to have his/her business registered shall file (including via thenational tax information and communications network) an application forbusiness registration, specifying the following particulars, with the head ofthe competent tax office or other head of the tax office selected at theconvenience of the applicant(referring to either the head of the competent taxoffice or the head of any other tax office) for each place of business (Article8(1) of the Value-Added Tax Act and Article 11(1) of the Enforcement Decree ofthe Value-Added Tax Act):
·Personal details of the entrepreneur
·Reasons for filing an application for business registration
·The date of commencement of business or the date the entrepreneur starts establishingthe place of business.
·Other notes