When companies send their employees to one of their affiliated companies in Korea, they can consider two types of visas for their assignee’s visa in Korea. One is D-7 visa and the other is D-8 visa. There are many people who are confused of those two visa types because some expatriates have D-7 visas and other expatriates have D-8 visas. It would be better important to find out which visa type would be appropriate for their employees being transferred to Korea.
What is the difference
There are two types of companies for foreign companies which are establishing their entities in Korea. One is a “Branch” and the other is a “Foreign Invested Company”. This type of company is the factor that distinguishes between D-7 visa and D-8 visa. If a local entity in Korea is registered as a branch office, an assignee being transferred to the entity should apply for D-7 visa. And if a local entity in Korea is registered as a foreign invested company, an assignee being transferred to the entity should apply for D-8 visa.
How to find out the type of local entity
After establishing a company in Korea, the company receives an important document which can indicate whether the company is a branch or a foreign invested company. The branch office should get a “permission for the establishment of the branch office” or an “acceptance of the declaration of the branch”. On the other hand, the foreign invested company should get a “certificate of foreign invested company”. By considering those two documents, the company can find out whether they need to process D-7 visa or D-8 visa for their assignees. The company should keep the documents well since they are one of required documents for D-7 or D-8.
Immigration office in Korea named D-7 visa as “Intra-Company Transferee” and D-8 as “Corporate/Foreign Investor”. This naming would have made people confused. Not only investor him/herself, but also employee of the investor company can receive the D-8 visa It would have been better if D-7 visa was named as transferee to a branch and D-8 visa was named as transferee to a foreign invested company.