FAQ
Establishment
How many officers are required to establish a company?
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For companies with the capital amount of KRW 1 billion or more, three or more directors and one or more auditor need to be appointed.

For companies with the capital amount of less than KRW 1 billion, there is no restriction or requirement on appointment of officers. Thus, you may appoint only one representative director (i.e., CEO) and it would be sufficient.