Procedure
Procedure
- Registration Difficulty Medium
The authority checks whether the statutory registration requirements, such as facilities, staff and capital, are met before issuing a registration certificate. Registration can be refused if the requirements are not met.
We will prepare loan business registration, renewal, and change documents. Depending on the type of online business, we will classify and prepare the necessary reporting and loan advertisement review submission materials.
Scope & fee
- New registration
- We will prepare new registration documents for loan business and brokerage business for 1 business office. Proof of equity capital, workplace, education, and executives are provided, and capital raising, education, online reporting, and advertising review are separate.
- Renewal or change registration
- We will fill out the application documents for your choice of renewal or change registration at 1 branch. Proof of existing registration, renewal, and change is provided, and new registration, online reporting, and advertisement review are separate.
- Online business conversion and money-lending registration amendment
- We will prepare a change registration form for loan business following the conversion of 1 existing registered business to online. Registration certificate and change data are provided, and additional communication, location-based reporting, and advertisement review are selected separately if necessary.
- Online expansion: value-added telecommunications business notification only
- We will confirm whether 1 company is subject to reporting or exemption from value-added telecommunications business and prepare reporting documents. Business and facility data are provided, but changes to loan business, location-based reporting, and creation of a new technology plan are separate.
- Online expansion: location-based service notification and protection plan
- We will prepare a report for 1 type of location-based service and a 5-page business, facility, and personal location information protection plan. Technical structure is provided, and system development, security diagnosis, loan business changes, and additional communication reporting are separate.
- Official fee source ↗
- Online expansion: location-based and value-added telecommunications notifications and plans
- We will prepare two reports for 1 company: location-based service and value-added communication business. We include 5 pages of business, facility, and protection plans according to the provided technical structure. System development, security diagnosis, loan business changes, and advertising review are separate.
- Official fee source ↗
- Prepare submission documents for money-lending advertising review
- We will check the review targets and required markings for 1 loan advertisement and prepare the submission materials. Advertising text and registration materials are provided, but advertising production, filming, registration changes, and other business reports are separate.
- 01
Determine the registration authority: If all business offices are in one city/province, register with that city/provincial governor. Corporations with offices in two or more cities/provinces, those purchasing and collecting loan receivables or brokering loans through a loan brokerage system, and those with assets over 10,000,000,000 won and outstanding loan receivables of 5,000,000,000 won or more at the end of the previous business year register with the Financial Services Commission.
- 02
Prepare equity capital: Secure equity capital (net assets for individuals) of at least the amount required for the business type and applicant category, and prepare supporting documents. The calculation method follows the Financial Services Commission's public notice, and because it is a registration requirement, the amount must be maintained throughout the registration period.
- 03
Secure a fixed place of business: Secure a right of use for 6 months or more, by ownership, lease or loan for use, in a building listed in the building register other than a detached house, multi-unit housing or lodging facility. A certified copy of the register or a copy of the lease serves as proof of the business office location.
- 04
Complete training and check disqualifications: The representative and the general business manager (for a corporate branch, the general business manager) complete the training within 6 months before the application date. If there is an unavoidable reason such as a natural disaster, illness, accident or an overseas business trip, the training may be completed within 1 month after registration; the grounds for disqualification of the representative and officers are checked at the same time.
- 05
Apply for registration and supplement: Submit the money lending business registration application with proof of the business office location, a copy of the training completion certificate, proof of equity capital, and proof of a security deposit or insurance or mutual aid coverage. If the entries differ from the facts, a supplement may be requested within a period of up to 30 days, and a registration certificate is issued once the registration requirements are met.
- 06
Renewal, change registration and closure report: To continue operating after the 3-year validity period, apply for renewal from 3 months to 1 month before the expiry date, and register any change in entries such as trade name, shareholders, officers, business office, advertising telephone number or equity capital within 15 days. Training must also be completed in advance when changing the representative or general business manager, and closure of the business must be reported.
Filing route
Filing route
Confirm the current filing office, jurisdiction, and online availability on the official website.
Official checkDeadlines & processing notes
Deadlines & processing notes
Fees & official charges
Fees & official charges
Included in the basic fee — Initial document review, required-document guidance, basic form preparation, one filing support and responses to up to two supplement requests.
Conditional success fee — For this service, any conditional success fee may be separately agreed within the lawful service scope and stated in a written engagement agreement. No outcome is guaranteed.
Displayed amounts are starting estimates, not statutory or standard rates. The final fee is confirmed after consultation and document review in the engagement agreement. Government fees and actual expenses may change.
Fees & official charges →Basic documents
Basic documents
If the renewal application period (3 months to 1 month before the expiry date) is missed, the registration lapses on expiry and a new registration must be made from the beginning, so plan the renewal backward from the training schedule.
Scope of services
Scope of services
Hwang Yunsang Administrative Agent Office prepares and translates documents for administrative agencies, submits them on your behalf, and guides you through permit, application, and notification procedures. Services that require the principal’s personal appearance, principal’s application, or electronic signature may be limited in delegation.