It takes approximately - hours to file and prepare documents for a North Korea -.
The corporate tax is approximately 0% which is - in the world.
Owners of a company in North Korea are not allowed to carry back a loss .
The vat rate in North Korea is 0% which ranks - in the world.
Thin capitalization rules are not in effect.
A corporate director is not permitted, meaning this country is not a good option if you are setting up a structure where you want to protect director liability.
The directors are disclosed in the public registry of North Korea, -. Shareholders are disclosed in the -.
Typically companies take - to setup and there are - director(s) required and - shareholder(s) required at the time of incorporation.
Overall we think North Korea is a bad option and have given it a score of - as an IO score, using the Incorporations.IO proprietary formula.
We can help you form a company in North Korea. Click the button above for a no-obligation quote. We will provide you with all the necessary documents to open a bank account as well as a registered office in North Korea, which is required by law.