hello. The Korean corporations are not obliged to pay wages to the representative of the company. the company capital needs to be spent. The representative can transfer it to himself in the form of wages.
when extending the investment visa, the Immigration Office generally require a certificate of salary income and social insurance of the representative, visa holder. Korea has a minimum wage requirement, so representative can set a pre-tax salary, more than 2.5 million won. If more salary, the monthly personal income tax and social insurance expenses will go up.
if he has a regular pension in his country, he can apply for exemption by preparing some certificates. Thank you for listening.
