법인사부JOHN
내용
[subtitle-meta] lang=en auto=True
Hello, this concludes the 4-hour corporate business, Chaan B-grade whining Kim session.
Last time, I briefly explained about business owners, but since I had some
spare time, I decided to record a video yesterday because there is a topic that I hope you will take an interest in and learn a bit about. The
topic I want to discuss today is... [I'll put it here]. You,
Lee Ha-yeon, have also
heard a lot about [business registration] in that story. Whether in Korea or the US,
when establishing a corporation or running a sole proprietorship, you have likely heard a
lot of talk about [business registration] being too [negative] and that it is necessary. You have probably
seen [the fire] of [business registration] and [looked at] [the fire], but regarding the difficulties, procedures, how much
time is required, and what kind of formation is needed, even if you
have a general idea, I thought you might not know the specifics very well. So,
I gave it this opportunity to explain [business registration] a little. As for the
number below, in Korea, it can be called the Business Registration Number, but to be
precise, calling it a "Corporate Tax Number" [
Corporate Tax Number] is a bit too narrow in meaning.
Yes, and
regarding the '4 in' of this child, we look at the In-Player Identity. For
all additional employment, the employer can include corporations,
sole proprietorships, various non-profit organizations, and in
some cases, trusts are also possible. For such corporate entities or
trusts, a
Volume 3 number is required to conduct certain activities, just like with
small business owners in Korean. Therefore, this is managed and sent by the U.S. Internal Revenue Service (IRS). The
IRS is not affiliated with any state but
is the federal tax agency. There
are many cases, and when you apply for this JIN number at the IRS, the agency handles the process.
However, they do not issue it automatically; you must provide necessary information or
data for the IRS to issue it.
So, a typical case where the following number is needed is when establishing a corporation; the
corporation must have this number to conduct its activities. If you ask why the following is
necessary, it is because all government offices and all banks [regarding] the corporation They
require this via an ID number.
Since this is a document issued by the federal government that is valid not just in one state but across all U.S. states, it holds great significance.
So, to explain the procedure: when you establish a corporation, you
submit the corporate application documents to the relevant state government. Then, the state government issues a second copy of the "
Issue Me" document. For a general marriage, this applies to the second generation of the artist couple. For an Elice, the artist provides the
second copy. This document includes details such as the registration date, registration number, and
amount. Once you
receive such a document, the
corporation is established in that state. Next, you need to
receive the appropriate legal action for the corporation, but this is not applied for in that state; instead, you
apply to the federal IRS, a higher-level federal agency. There
are various ways to apply for this: by phone, by the
internet, and so on. There are various methods, but the most common is
doing it online. This is because if you apply online, you usually
receive it immediately after applying—it
takes less than two minutes.
However, the
information required when applying for an I-Number is extremely important, and
generally, the government information of those who are currently residing in or currently residing in the U.S. is
often required. For your reference, while there is
no problem establishing a corporation in the U.S. from Korea, when
applying for an I-Number, those coming from Korea or those not residing in the U.S.
cannot use their Korean Resident Registration Number. However, when applying for an I-N, you must
include the information of an individual with a Social Security Number.
The reason is as follows: the
application form is structured like this, labeled as "Contact Information" or "
Response Block." A corporation lacks substance.
Unlike an individual, which has a name and a
physical body, a corporation is a person.
Therefore, from the
perspective of the IRS or the National Tax Service, relying solely on this corporation for future... There is
no way to contact them regarding tax issues or communication matters. Therefore, whether it is a corporation, a sole proprietorship, the
non-profit organization mentioned earlier, or a trust,
when applying for a number on behalf of such an entity, the real-name individual and their identification number must be
included for the process to proceed.
The information required for the application is not extensive;
first, the company name must be included. The corporate name must be strictly
included in addition to the registered records. Information regarding the registration date,
when operations will begin, and the type of business will be conducted is also
included. Next, and most importantly, the information of the
corporate contact person—the individual who can contact the IRS on behalf of the corporation—is required. In
this case, the individual's name, name, surgery number, and identification number are
included. If
this is not included, the number application cannot proceed.
Therefore, those establishing a corporation in a service country or planning to expand into that sector do
not usually experience significant difficulties at this stage.
However, there is another way to resolve such cases. It is possible.
Even if an individual related to the company does not provide the transaction number, the
IRS facilitates the process by allowing a third party—known as a "clearance fly"—to provide the transaction number on behalf of the corporation and
apply for an EIN.
Therefore, lawyers, accountants, and legal assistants like myself—even though they are completely
unrelated individuals—can act as third parties to handle the procedures on behalf of the corporation.
I am no exception; since many of my clients are expanding from Korea into the U.S.,
I assist them in these cases.
Otherwise, there is no way to resolve the issue. There are cases like this, where someone is doing something in the U.S., or they might have a
friend or
family member.
However, having worked in this field, I have found that if a third party
can provide this information without liability, there is no problem unless such procedures are followed.
Most people residing in the U.S. worry a lot when someone says, "My lawsuit is opening a business with someone today," "We are doing a joint transaction,"
or "The government is doing everything, but I am
melting into the domestic market on their behalf." They worry that
he is bearing joint guarantee liability in Koreatown. I feel the same sense of burden.
That is why in the U.S., people often don't ask me for help with these kinds of matters, even within their own families. It is indeed a
sensitive issue, but it is not entirely impossible to resolve. If a
close family member can assist
you, please do so; otherwise, professionals like me can resolve the matter for you. You can
apply for a JIN number, and if you apply online, you can immediately
receive confirmation that you are eligible. Once you keep
that confirmed document safe, the application is complete.
Since the number has been issued, you
will receive a confirmation letter from the IRS in about three weeks. It will list the
harvest and four additional personnel,
and the ID number will be listed on the right. Item 2 is a
document confirming that it has been officially issued. It consists of about three pages of an ANTU document or a
confirmation board verifying the pen.
Since this is an official confirmation document regarding the JIN number, please keep it safe. You should definitely
save it as a PDF or scan it. Yes, that is fine. Since it is an official document proving that
we are a legitimate company that has received a license number—whether from an accountant or for various other necessary matters—you should
keep it.
Also, regarding another issue, there are
10 states in the U.S. Let's take California as an example. Suppose a
company called Apple Link was registered in California. However, after
applying to the IRS for a license under the name Apple Link, it was
rejected. Upon investigating why, it turns out that a license number has
already been filed with the federal IRS by another state under the same name as Apple Link. In
such cases, the IRS does not issue the license. They put a
hold on it, reject it, and ask
what they require. You then need to
attach and
submit documents proving that you legitimately recently registered the company under the law in California. When applying online, you do not need to
submit documents to avoid such issues. Although it is not strictly necessary, if there is a
number issued under the exact same name as a standard corporation, the
IRS will
verify it. Therefore, it does not mean it is impossible in such cases. If you
submit proof of ownership and documentation to the relevant department and manager, the manager will review it. They will confirm, "Ah, this is a newly
registered F-Link in California; it is
not the same company as the existing Apple Link in New York that we previously issued." Upon verification, they will
then issue the EIN.
So, as I mentioned earlier, this information is essential for opening a bank account.
When establishing a corporation, you must open a bank account to conduct business
activities. The
same applies to companies expanding from Korea into the U.S.
This is because a bank account is required as a means of payment for receiving or making payments.
Therefore, the documents required by the bank are, as I mentioned earlier, the registration of the Artic Sub Incorporation Corporation registered in that state, and
secondly, the EIN number issued by the IRS.
And third, once you have your personal ID or identification and
these three documents ready, the bank will process the transfer, and you can also apply.
So, today I briefly explained the EIN number. To
summarize, you should understand that even if you do not have a company ID or are a foreigner, you
can still apply for this EIN service. The
EIN headquarters is important for corporate tax purposes.
Since this is a very important number that must be used for registration and communication everywhere, it is
essential to obtain it along with company incorporation. As I
mentioned, there are various thorough processes, but if you apply online,
usually, unless it is
rejected due to a duplicate name as I said earlier, you can
receive it on the same day of application. Then, you can immediately
apply for a bank account and proceed with subsequent procedures.
For example, once you receive this EIN number, you can use that corporate
name to, for instance, obtain a business registration certificate worth 400 million won,
secure business funds for the relevant business, or obtain a business license. For instance, if I run a restaurant, I can use it for the
restaurant's business... Depending on the industry, such as Miz or [another business], you
need to obtain permits and licenses. The standard for all of these is the registration number
listed alongside them; I understand that the number 5 serves as the standard.
Therefore, regardless of the specific line, please consider this the most important business registration number and
understand it that way.
Today, I explained the EIN number, which is the most critical step after establishing a business. I
have given a general overview, but if you
have any further specific questions or needs regarding this, please leave a comment, ask on my website, or contact me via email, and
I will be happy to answer.
Yes, this has been Cha-an Kim Dong-ha from Corporate Part 4.
Thank you for watching.
원문 자막 펼치기
WEBVTT Kind: captions Language: en 00:00:01.050 --> 00:00:07.430 align:start position:0% Hello, <00:00:01.448><c>this </c><00:00:01.846><c>concludes </c><00:00:02.244><c>the </c><00:00:02.642><c>4-hour </c><00:00:03.040><c>corporate </c><00:00:03.438><c>business, </c><00:00:03.836><c>Chaan </c><00:00:04.234><c>B-grade </c><00:00:04.632><c>whining </c><00:00:05.030><c>Kim </c><00:00:05.428><c>session.</c> 00:00:07.430 --> 00:00:07.440 align:start position:0% Hello, this concludes the 4-hour corporate business, Chaan B-grade whining Kim session. 00:00:07.440 --> 00:00:12.949 align:start position:0% Hello, this concludes the 4-hour corporate business, Chaan B-grade whining Kim session. Last <00:00:07.869><c>time, </c><00:00:08.298><c>I </c><00:00:08.727><c>briefly </c><00:00:09.156><c>explained </c><00:00:09.585><c>about </c><00:00:10.014><c>business </c><00:00:10.443><c>owners, </c><00:00:10.872><c>but </c><00:00:11.301><c>since </c><00:00:11.730><c>I </c><00:00:12.159><c>had </c><00:00:12.588><c>some</c> 00:00:12.949 --> 00:00:12.959 align:start position:0% Last time, I briefly explained about business owners, but since I had some 00:00:12.959 --> 00:00:14.029 align:start position:0% Last time, I briefly explained about business owners, but since I had some 00:00:14.029 --> 00:00:14.039 align:start position:0% 00:00:14.039 --> 00:00:20.480 align:start position:0% spare <00:00:14.257><c>time, </c><00:00:14.475><c>I </c><00:00:14.693><c>decided </c><00:00:14.911><c>to </c><00:00:15.129><c>record </c><00:00:15.347><c>a </c><00:00:15.565><c>video </c><00:00:15.783><c>yesterday </c><00:00:16.001><c>because </c><00:00:16.219><c>there </c><00:00:16.437><c>is </c><00:00:16.655><c>a </c><00:00:16.873><c>topic </c><00:00:17.091><c>that </c><00:00:17.309><c>I </c><00:00:17.527><c>hope </c><00:00:17.745><c>you </c><00:00:17.963><c>will </c><00:00:18.181><c>take </c><00:00:18.399><c>an </c><00:00:18.617><c>interest </c><00:00:18.835><c>in </c><00:00:19.053><c>and </c><00:00:19.271><c>learn </c><00:00:19.489><c>a </c><00:00:19.707><c>bit </c><00:00:19.925><c>about. </c><00:00:20.143><c>The</c> 00:00:20.480 --> 00:00:22.910 align:start position:0% spare time, I decided to record a video yesterday because there is a topic that I hope you will take an interest in and learn a bit about. The 00:00:22.910 --> 00:00:22.920 align:start position:0% 00:00:22.920 --> 00:00:28.370 align:start position:0% topic <00:00:23.359><c>I </c><00:00:23.798><c>want </c><00:00:24.237><c>to </c><00:00:24.676><c>discuss </c><00:00:25.115><c>today </c><00:00:25.554><c>is... </c><00:00:25.993><c>[I'll </c><00:00:26.432><c>put </c><00:00:26.871><c>it </c><00:00:27.310><c>here]. </c><00:00:27.749><c>You,</c> 00:00:28.370 --> 00:00:28.380 align:start position:0% topic I want to discuss today is... [I'll put it here]. You, 00:00:28.380 --> 00:00:31.249 align:start position:0% topic I want to discuss today is... [I'll put it here]. You, Lee <00:00:28.929><c>Ha-yeon, </c><00:00:29.478><c>have </c><00:00:30.027><c>also</c> 00:00:31.249 --> 00:00:31.259 align:start position:0% Lee Ha-yeon, have also 00:00:31.259 --> 00:00:36.290 align:start position:0% Lee Ha-yeon, have also heard <00:00:31.550><c>a </c><00:00:31.841><c>lot </c><00:00:32.132><c>about </c><00:00:32.423><c>[business </c><00:00:32.714><c>registration] </c><00:00:33.005><c>in </c><00:00:33.296><c>that </c><00:00:33.587><c>story. </c><00:00:33.878><c>Whether </c><00:00:34.169><c>in </c><00:00:34.460><c>Korea </c><00:00:34.751><c>or </c><00:00:35.042><c>the </c><00:00:35.333><c>US,</c> 00:00:36.290 --> 00:00:36.300 align:start position:0% heard a lot about [business registration] in that story. Whether in Korea or the US, 00:00:36.300 --> 00:00:41.060 align:start position:0% heard a lot about [business registration] in that story. Whether in Korea or the US, when <00:00:36.630><c>establishing </c><00:00:36.960><c>a </c><00:00:37.290><c>corporation </c><00:00:37.620><c>or </c><00:00:37.950><c>running </c><00:00:38.280><c>a </c><00:00:38.610><c>sole </c><00:00:38.940><c>proprietorship, </c><00:00:39.270><c>you </c><00:00:39.600><c>have </c><00:00:39.930><c>likely </c><00:00:40.260><c>heard </c><00:00:40.590><c>a</c> 00:00:41.060 --> 00:00:41.070 align:start position:0% when establishing a corporation or running a sole proprietorship, you have likely heard a 00:00:41.070 --> 00:00:45.170 align:start position:0% when establishing a corporation or running a sole proprietorship, you have likely heard a lot <00:00:41.248><c>of </c><00:00:41.426><c>talk </c><00:00:41.604><c>about </c><00:00:41.782><c>[business </c><00:00:41.960><c>registration] </c><00:00:42.138><c>being </c><00:00:42.316><c>too </c><00:00:42.494><c>[negative] </c><00:00:42.672><c>and </c><00:00:42.850><c>that </c><00:00:43.028><c>it </c><00:00:43.206><c>is </c><00:00:43.384><c>necessary. </c><00:00:43.562><c>You </c><00:00:43.740><c>have </c><00:00:43.918><c>probably</c> 00:00:45.170 --> 00:00:45.180 align:start position:0% lot of talk about [business registration] being too [negative] and that it is necessary. You have probably 00:00:45.180 --> 00:00:51.020 align:start position:0% lot of talk about [business registration] being too [negative] and that it is necessary. You have probably seen <00:00:45.494><c>[the </c><00:00:45.808><c>fire] </c><00:00:46.122><c>of </c><00:00:46.436><c>[business </c><00:00:46.750><c>registration] </c><00:00:47.064><c>and </c><00:00:47.378><c>[looked </c><00:00:47.692><c>at] </c><00:00:48.006><c>[the </c><00:00:48.320><c>fire], </c><00:00:48.634><c>but </c><00:00:48.948><c>regarding </c><00:00:49.262><c>the </c><00:00:49.576><c>difficulties, </c><00:00:49.890><c>procedures, </c><00:00:50.204><c>how </c><00:00:50.518><c>much</c> 00:00:51.020 --> 00:00:51.030 align:start position:0% seen [the fire] of [business registration] and [looked at] [the fire], but regarding the difficulties, procedures, how much 00:00:51.030 --> 00:00:57.230 align:start position:0% seen [the fire] of [business registration] and [looked at] [the fire], but regarding the difficulties, procedures, how much time <00:00:51.517><c>is </c><00:00:52.004><c>required, </c><00:00:52.491><c>and </c><00:00:52.978><c>what </c><00:00:53.465><c>kind </c><00:00:53.952><c>of </c><00:00:54.439><c>formation </c><00:00:54.926><c>is </c><00:00:55.413><c>needed, </c><00:00:55.900><c>even </c><00:00:56.387><c>if </c><00:00:56.874><c>you</c> 00:00:57.230 --> 00:00:59.000 align:start position:0% time is required, and what kind of formation is needed, even if you 00:00:59.000 --> 00:00:59.010 align:start position:0% 00:00:59.010 --> 00:01:03.800 align:start position:0% have <00:00:59.318><c>a </c><00:00:59.626><c>general </c><00:00:59.934><c>idea, </c><00:01:00.242><c>I </c><00:01:00.550><c>thought </c><00:01:00.858><c>you </c><00:01:01.166><c>might </c><00:01:01.474><c>not </c><00:01:01.782><c>know </c><00:01:02.090><c>the </c><00:01:02.398><c>specifics </c><00:01:02.706><c>very </c><00:01:03.014><c>well. </c><00:01:03.322><c>So,</c> 00:01:03.800 --> 00:01:03.810 align:start position:0% have a general idea, I thought you might not know the specifics very well. So, 00:01:03.810 --> 00:01:08.480 align:start position:0% have a general idea, I thought you might not know the specifics very well. So, I <00:01:04.142><c>gave </c><00:01:04.474><c>it </c><00:01:04.806><c>this </c><00:01:05.138><c>opportunity </c><00:01:05.470><c>to </c><00:01:05.802><c>explain </c><00:01:06.134><c>[business </c><00:01:06.466><c>registration] </c><00:01:06.798><c>a </c><00:01:07.130><c>little. </c><00:01:07.462><c>As </c><00:01:07.794><c>for </c><00:01:08.126><c>the</c> 00:01:08.480 --> 00:01:08.490 align:start position:0% I gave it this opportunity to explain [business registration] a little. As for the 00:01:08.490 --> 00:01:09.020 align:start position:0% I gave it this opportunity to explain [business registration] a little. As for the 00:01:09.020 --> 00:01:11.480 align:start position:0% 00:01:11.480 --> 00:01:11.490 align:start position:0% 00:01:11.490 --> 00:01:17.240 align:start position:0% number <00:01:11.877><c>below, </c><00:01:12.264><c>in </c><00:01:12.651><c>Korea, </c><00:01:13.038><c>it </c><00:01:13.425><c>can </c><00:01:13.812><c>be </c><00:01:14.199><c>called </c><00:01:14.586><c>the </c><00:01:14.973><c>Business </c><00:01:15.360><c>Registration </c><00:01:15.747><c>Number, </c><00:01:16.134><c>but </c><00:01:16.521><c>to </c><00:01:16.908><c>be</c> 00:01:17.240 --> 00:01:17.250 align:start position:0% number below, in Korea, it can be called the Business Registration Number, but to be 00:01:17.250 --> 00:01:20.700 align:start position:0% number below, in Korea, it can be called the Business Registration Number, but to be precise, <00:01:17.447><c>calling </c><00:01:17.644><c>it </c><00:01:17.841><c>a </c><00:01:18.038><c>"Corporate </c><00:01:18.235><c>Tax </c><00:01:18.432><c>Number" </c><00:01:18.629><c>[</c> 00:01:20.700 --> 00:01:20.710 align:start position:0% precise, calling it a "Corporate Tax Number" [ 00:01:20.710 --> 00:01:26.609 align:start position:0% precise, calling it a "Corporate Tax Number" [ Corporate <00:01:21.320><c>Tax </c><00:01:21.930><c>Number] </c><00:01:22.540><c>is </c><00:01:23.150><c>a </c><00:01:23.760><c>bit </c><00:01:24.370><c>too </c><00:01:24.980><c>narrow </c><00:01:25.590><c>in </c><00:01:26.200><c>meaning.</c> 00:01:26.609 --> 00:01:26.619 align:start position:0% Corporate Tax Number] is a bit too narrow in meaning. 00:01:26.619 --> 00:01:27.870 align:start position:0% Corporate Tax Number] is a bit too narrow in meaning. Yes, and 00:01:27.870 --> 00:01:27.880 align:start position:0% Yes, and 00:01:27.880 --> 00:01:33.030 align:start position:0% Yes, and regarding <00:01:28.258><c>the </c><00:01:28.636><c>'4 </c><00:01:29.014><c>in' </c><00:01:29.392><c>of </c><00:01:29.770><c>this </c><00:01:30.148><c>child, </c><00:01:30.526><c>we </c><00:01:30.904><c>look </c><00:01:31.282><c>at </c><00:01:31.660><c>the </c><00:01:32.038><c>In-Player </c><00:01:32.416><c>Identity. </c><00:01:32.794><c>For</c> 00:01:33.030 --> 00:01:33.040 align:start position:0% regarding the '4 in' of this child, we look at the In-Player Identity. For 00:01:33.040 --> 00:01:33.780 align:start position:0% regarding the '4 in' of this child, we look at the In-Player Identity. For 00:01:33.780 --> 00:01:33.790 align:start position:0% 00:01:33.790 --> 00:01:40.109 align:start position:0% all <00:01:34.651><c>additional </c><00:01:35.512><c>employment, </c><00:01:36.373><c>the </c><00:01:37.234><c>employer </c><00:01:38.095><c>can </c><00:01:38.956><c>include </c><00:01:39.817><c>corporations,</c> 00:01:40.109 --> 00:01:40.119 align:start position:0% all additional employment, the employer can include corporations, 00:01:40.119 --> 00:01:45.090 align:start position:0% all additional employment, the employer can include corporations, sole <00:01:40.834><c>proprietorships, </c><00:01:41.549><c>various </c><00:01:42.264><c>non-profit </c><00:01:42.979><c>organizations, </c><00:01:43.694><c>and </c><00:01:44.409><c>in</c> 00:01:45.090 --> 00:01:45.100 align:start position:0% sole proprietorships, various non-profit organizations, and in 00:01:45.100 --> 00:01:52.139 align:start position:0% sole proprietorships, various non-profit organizations, and in some <00:01:45.709><c>cases, </c><00:01:46.318><c>trusts </c><00:01:46.927><c>are </c><00:01:47.536><c>also </c><00:01:48.145><c>possible. </c><00:01:48.754><c>For </c><00:01:49.363><c>such </c><00:01:49.972><c>corporate </c><00:01:50.581><c>entities </c><00:01:51.190><c>or</c> 00:01:52.139 --> 00:01:52.149 align:start position:0% some cases, trusts are also possible. For such corporate entities or 00:01:52.149 --> 00:01:56.610 align:start position:0% some cases, trusts are also possible. For such corporate entities or trusts, <00:01:54.250><c>a</c> 00:01:56.610 --> 00:01:56.620 align:start position:0% trusts, a 00:01:56.620 --> 00:02:01.170 align:start position:0% trusts, a Volume <00:01:56.969><c>3 </c><00:01:57.318><c>number </c><00:01:57.667><c>is </c><00:01:58.016><c>required </c><00:01:58.365><c>to </c><00:01:58.714><c>conduct </c><00:01:59.063><c>certain </c><00:01:59.412><c>activities, </c><00:01:59.761><c>just </c><00:02:00.110><c>like </c><00:02:00.459><c>with</c> 00:02:01.170 --> 00:02:01.180 align:start position:0% Volume 3 number is required to conduct certain activities, just like with 00:02:01.180 --> 00:02:06.780 align:start position:0% Volume 3 number is required to conduct certain activities, just like with small <00:02:01.478><c>business </c><00:02:01.776><c>owners </c><00:02:02.074><c>in </c><00:02:02.372><c>Korean. </c><00:02:02.670><c>Therefore, </c><00:02:02.968><c>this </c><00:02:03.266><c>is </c><00:02:03.564><c>managed </c><00:02:03.862><c>and </c><00:02:04.160><c>sent </c><00:02:04.458><c>by </c><00:02:04.756><c>the </c><00:02:05.054><c>U.S. </c><00:02:05.352><c>Internal </c><00:02:05.650><c>Revenue </c><00:02:05.948><c>Service </c><00:02:06.246><c>(IRS). </c><00:02:06.544><c>The</c> 00:02:06.780 --> 00:02:06.790 align:start position:0% small business owners in Korean. Therefore, this is managed and sent by the U.S. Internal Revenue Service (IRS). The 00:02:06.790 --> 00:02:11.430 align:start position:0% small business owners in Korean. Therefore, this is managed and sent by the U.S. Internal Revenue Service (IRS). The IRS <00:02:07.360><c>is </c><00:02:07.930><c>not </c><00:02:08.500><c>affiliated </c><00:02:09.070><c>with </c><00:02:09.640><c>any </c><00:02:10.210><c>state </c><00:02:10.780><c>but</c> 00:02:11.430 --> 00:02:11.440 align:start position:0% IRS is not affiliated with any state but 00:02:11.440 --> 00:02:13.950 align:start position:0% IRS is not affiliated with any state but is <00:02:11.554><c>the </c><00:02:11.668><c>federal </c><00:02:11.782><c>tax </c><00:02:11.896><c>agency. </c><00:02:12.010><c>There</c> 00:02:13.950 --> 00:02:13.960 align:start position:0% is the federal tax agency. There 00:02:13.960 --> 00:02:19.560 align:start position:0% is the federal tax agency. There are <00:02:14.241><c>many </c><00:02:14.522><c>cases, </c><00:02:14.803><c>and </c><00:02:15.084><c>when </c><00:02:15.365><c>you </c><00:02:15.646><c>apply </c><00:02:15.927><c>for </c><00:02:16.208><c>this </c><00:02:16.489><c>JIN </c><00:02:16.770><c>number </c><00:02:17.051><c>at </c><00:02:17.332><c>the </c><00:02:17.613><c>IRS, </c><00:02:17.894><c>the </c><00:02:18.175><c>agency </c><00:02:18.456><c>handles </c><00:02:18.737><c>the </c><00:02:19.018><c>process.</c> 00:02:19.560 --> 00:02:23.400 align:start position:0% are many cases, and when you apply for this JIN number at the IRS, the agency handles the process. 00:02:23.400 --> 00:02:23.410 align:start position:0% 00:02:23.410 --> 00:02:28.260 align:start position:0% However, <00:02:23.790><c>they </c><00:02:24.170><c>do </c><00:02:24.550><c>not </c><00:02:24.930><c>issue </c><00:02:25.310><c>it </c><00:02:25.690><c>automatically; </c><00:02:26.070><c>you </c><00:02:26.450><c>must </c><00:02:26.830><c>provide </c><00:02:27.210><c>necessary </c><00:02:27.590><c>information </c><00:02:27.970><c>or</c> 00:02:28.260 --> 00:02:28.270 align:start position:0% However, they do not issue it automatically; you must provide necessary information or 00:02:28.270 --> 00:02:32.820 align:start position:0% However, they do not issue it automatically; you must provide necessary information or data <00:02:28.705><c>for </c><00:02:29.140><c>the </c><00:02:29.575><c>IRS </c><00:02:30.010><c>to </c><00:02:30.445><c>issue </c><00:02:30.880><c>it.</c> 00:02:32.820 --> 00:02:32.830 align:start position:0% data for the IRS to issue it. 00:02:32.830 --> 00:02:37.410 align:start position:0% data for the IRS to issue it. So, <00:02:33.112><c>a </c><00:02:33.394><c>typical </c><00:02:33.676><c>case </c><00:02:33.958><c>where </c><00:02:34.240><c>the </c><00:02:34.522><c>following </c><00:02:34.804><c>number </c><00:02:35.086><c>is </c><00:02:35.368><c>needed </c><00:02:35.650><c>is </c><00:02:35.932><c>when </c><00:02:36.214><c>establishing </c><00:02:36.496><c>a </c><00:02:36.778><c>corporation; </c><00:02:37.060><c>the</c> 00:02:37.410 --> 00:02:37.420 align:start position:0% So, a typical case where the following number is needed is when establishing a corporation; the 00:02:37.420 --> 00:02:42.150 align:start position:0% So, a typical case where the following number is needed is when establishing a corporation; the corporation <00:02:37.722><c>must </c><00:02:38.024><c>have </c><00:02:38.326><c>this </c><00:02:38.628><c>number </c><00:02:38.930><c>to </c><00:02:39.232><c>conduct </c><00:02:39.534><c>its </c><00:02:39.836><c>activities. </c><00:02:40.138><c>If </c><00:02:40.440><c>you </c><00:02:40.742><c>ask </c><00:02:41.044><c>why </c><00:02:41.346><c>the </c><00:02:41.648><c>following </c><00:02:41.950><c>is</c> 00:02:42.150 --> 00:02:42.160 align:start position:0% corporation must have this number to conduct its activities. If you ask why the following is 00:02:42.160 --> 00:02:47.970 align:start position:0% corporation must have this number to conduct its activities. If you ask why the following is necessary, <00:02:42.494><c>it </c><00:02:42.828><c>is </c><00:02:43.162><c>because </c><00:02:43.496><c>all </c><00:02:43.830><c>government </c><00:02:44.164><c>offices </c><00:02:44.498><c>and </c><00:02:44.832><c>all </c><00:02:45.166><c>banks </c><00:02:45.500><c>[regarding] </c><00:02:45.834><c>the </c><00:02:46.168><c>corporation </c><00:02:46.502><c>They</c> 00:02:47.970 --> 00:02:47.980 align:start position:0% necessary, it is because all government offices and all banks [regarding] the corporation They 00:02:47.980 --> 00:02:51.720 align:start position:0% necessary, it is because all government offices and all banks [regarding] the corporation They require <00:02:48.532><c>this </c><00:02:49.084><c>via </c><00:02:49.636><c>an </c><00:02:50.188><c>ID </c><00:02:50.740><c>number.</c> 00:02:51.720 --> 00:02:56.460 align:start position:0% require this via an ID number. 00:02:56.460 --> 00:02:56.470 align:start position:0% 00:02:56.470 --> 00:03:01.320 align:start position:0% Since <00:02:56.644><c>this </c><00:02:56.818><c>is </c><00:02:56.992><c>a </c><00:02:57.166><c>document </c><00:02:57.340><c>issued </c><00:02:57.514><c>by </c><00:02:57.688><c>the </c><00:02:57.862><c>federal </c><00:02:58.036><c>government </c><00:02:58.210><c>that </c><00:02:58.384><c>is </c><00:02:58.558><c>valid </c><00:02:58.732><c>not </c><00:02:58.906><c>just </c><00:02:59.080><c>in </c><00:02:59.254><c>one </c><00:02:59.428><c>state </c><00:02:59.602><c>but </c><00:02:59.776><c>across </c><00:02:59.950><c>all </c><00:03:00.124><c>U.S. </c><00:03:00.298><c>states, </c><00:03:00.472><c>it </c><00:03:00.646><c>holds </c><00:03:00.820><c>great </c><00:03:00.994><c>significance.</c> 00:03:01.320 --> 00:03:01.330 align:start position:0% Since this is a document issued by the federal government that is valid not just in one state but across all U.S. states, it holds great significance. 00:03:01.330 --> 00:03:06.479 align:start position:0% Since this is a document issued by the federal government that is valid not just in one state but across all U.S. states, it holds great significance. So, <00:03:01.819><c>to </c><00:03:02.308><c>explain </c><00:03:02.797><c>the </c><00:03:03.286><c>procedure: </c><00:03:03.775><c>when </c><00:03:04.264><c>you </c><00:03:04.753><c>establish </c><00:03:05.242><c>a </c><00:03:05.731><c>corporation, </c><00:03:06.220><c>you</c> 00:03:06.479 --> 00:03:13.110 align:start position:0% So, to explain the procedure: when you establish a corporation, you 00:03:13.110 --> 00:03:13.120 align:start position:0% 00:03:13.120 --> 00:03:17.760 align:start position:0% submit <00:03:13.334><c>the </c><00:03:13.548><c>corporate </c><00:03:13.762><c>application </c><00:03:13.976><c>documents </c><00:03:14.190><c>to </c><00:03:14.404><c>the </c><00:03:14.618><c>relevant </c><00:03:14.832><c>state </c><00:03:15.046><c>government. </c><00:03:15.260><c>Then, </c><00:03:15.474><c>the </c><00:03:15.688><c>state </c><00:03:15.902><c>government </c><00:03:16.116><c>issues </c><00:03:16.330><c>a </c><00:03:16.544><c>second </c><00:03:16.758><c>copy </c><00:03:16.972><c>of </c><00:03:17.186><c>the </c><00:03:17.400><c>"</c> 00:03:17.760 --> 00:03:21.510 align:start position:0% submit the corporate application documents to the relevant state government. Then, the state government issues a second copy of the " 00:03:21.510 --> 00:03:21.520 align:start position:0% 00:03:21.520 --> 00:03:22.410 align:start position:0% 00:03:22.410 --> 00:03:22.420 align:start position:0% 00:03:22.420 --> 00:03:26.070 align:start position:0% Issue <00:03:22.559><c>Me" </c><00:03:22.698><c>document. </c><00:03:22.837><c>For </c><00:03:22.976><c>a </c><00:03:23.115><c>general </c><00:03:23.254><c>marriage, </c><00:03:23.393><c>this </c><00:03:23.532><c>applies </c><00:03:23.671><c>to </c><00:03:23.810><c>the </c><00:03:23.949><c>second </c><00:03:24.088><c>generation </c><00:03:24.227><c>of </c><00:03:24.366><c>the </c><00:03:24.505><c>artist </c><00:03:24.644><c>couple. </c><00:03:24.783><c>For </c><00:03:24.922><c>an </c><00:03:25.061><c>Elice, </c><00:03:25.200><c>the </c><00:03:25.339><c>artist </c><00:03:25.478><c>provides </c><00:03:25.617><c>the</c> 00:03:26.070 --> 00:03:26.080 align:start position:0% Issue Me" document. For a general marriage, this applies to the second generation of the artist couple. For an Elice, the artist provides the 00:03:26.080 --> 00:03:32.880 align:start position:0% Issue Me" document. For a general marriage, this applies to the second generation of the artist couple. For an Elice, the artist provides the second <00:03:26.583><c>copy. </c><00:03:27.086><c>This </c><00:03:27.589><c>document </c><00:03:28.092><c>includes </c><00:03:28.595><c>details </c><00:03:29.098><c>such </c><00:03:29.601><c>as </c><00:03:30.104><c>the </c><00:03:30.607><c>registration </c><00:03:31.110><c>date, </c><00:03:31.613><c>registration </c><00:03:32.116><c>number, </c><00:03:32.619><c>and</c> 00:03:32.880 --> 00:03:32.890 align:start position:0% second copy. This document includes details such as the registration date, registration number, and 00:03:32.890 --> 00:03:36.030 align:start position:0% second copy. This document includes details such as the registration date, registration number, and amount. <00:03:33.790><c>Once </c><00:03:34.690><c>you</c> 00:03:36.030 --> 00:03:36.040 align:start position:0% amount. Once you 00:03:36.040 --> 00:03:40.400 align:start position:0% amount. Once you receive <00:03:36.565><c>such </c><00:03:37.090><c>a </c><00:03:37.615><c>document, </c><00:03:38.140><c>the</c> 00:03:40.400 --> 00:03:40.410 align:start position:0% 00:03:40.410 --> 00:03:44.960 align:start position:0% corporation <00:03:40.860><c>is </c><00:03:41.310><c>established </c><00:03:41.760><c>in </c><00:03:42.210><c>that </c><00:03:42.660><c>state. </c><00:03:43.110><c>Next, </c><00:03:43.560><c>you </c><00:03:44.010><c>need </c><00:03:44.460><c>to</c> 00:03:44.960 --> 00:03:44.970 align:start position:0% corporation is established in that state. Next, you need to 00:03:44.970 --> 00:03:50.330 align:start position:0% corporation is established in that state. Next, you need to receive <00:03:45.260><c>the </c><00:03:45.550><c>appropriate </c><00:03:45.840><c>legal </c><00:03:46.130><c>action </c><00:03:46.420><c>for </c><00:03:46.710><c>the </c><00:03:47.000><c>corporation, </c><00:03:47.290><c>but </c><00:03:47.580><c>this </c><00:03:47.870><c>is </c><00:03:48.160><c>not </c><00:03:48.450><c>applied </c><00:03:48.740><c>for </c><00:03:49.030><c>in </c><00:03:49.320><c>that </c><00:03:49.610><c>state; </c><00:03:49.900><c>instead, </c><00:03:50.190><c>you</c> 00:03:50.330 --> 00:03:50.340 align:start position:0% receive the appropriate legal action for the corporation, but this is not applied for in that state; instead, you 00:03:50.340 --> 00:03:56.390 align:start position:0% receive the appropriate legal action for the corporation, but this is not applied for in that state; instead, you apply <00:03:50.956><c>to </c><00:03:51.572><c>the </c><00:03:52.188><c>federal </c><00:03:52.804><c>IRS, </c><00:03:53.420><c>a </c><00:03:54.036><c>higher-level </c><00:03:54.652><c>federal </c><00:03:55.268><c>agency. </c><00:03:55.884><c>There</c> 00:03:56.390 --> 00:04:01.580 align:start position:0% apply to the federal IRS, a higher-level federal agency. There 00:04:01.580 --> 00:04:01.590 align:start position:0% 00:04:01.590 --> 00:04:05.030 align:start position:0% are <00:04:01.821><c>various </c><00:04:02.052><c>ways </c><00:04:02.283><c>to </c><00:04:02.514><c>apply </c><00:04:02.745><c>for </c><00:04:02.976><c>this: </c><00:04:03.207><c>by </c><00:04:03.438><c>phone, </c><00:04:03.669><c>by </c><00:04:03.900><c>the</c> 00:04:05.030 --> 00:04:05.040 align:start position:0% are various ways to apply for this: by phone, by the 00:04:05.040 --> 00:04:10.250 align:start position:0% are various ways to apply for this: by phone, by the internet, <00:04:05.405><c>and </c><00:04:05.770><c>so </c><00:04:06.135><c>on. </c><00:04:06.500><c>There </c><00:04:06.865><c>are </c><00:04:07.230><c>various </c><00:04:07.595><c>methods, </c><00:04:07.960><c>but </c><00:04:08.325><c>the </c><00:04:08.690><c>most </c><00:04:09.055><c>common </c><00:04:09.420><c>is</c> 00:04:10.250 --> 00:04:10.260 align:start position:0% internet, and so on. There are various methods, but the most common is 00:04:10.260 --> 00:04:15.650 align:start position:0% internet, and so on. There are various methods, but the most common is doing <00:04:10.578><c>it </c><00:04:10.896><c>online. </c><00:04:11.214><c>This </c><00:04:11.532><c>is </c><00:04:11.850><c>because </c><00:04:12.168><c>if </c><00:04:12.486><c>you </c><00:04:12.804><c>apply </c><00:04:13.122><c>online, </c><00:04:13.440><c>you </c><00:04:13.758><c>usually</c> 00:04:15.650 --> 00:04:15.660 align:start position:0% doing it online. This is because if you apply online, you usually 00:04:15.660 --> 00:04:19.220 align:start position:0% doing it online. This is because if you apply online, you usually receive <00:04:16.380><c>it </c><00:04:17.100><c>immediately </c><00:04:17.820><c>after </c><00:04:18.540><c>applying—it</c> 00:04:19.220 --> 00:04:19.230 align:start position:0% receive it immediately after applying—it 00:04:19.230 --> 00:04:22.880 align:start position:0% receive it immediately after applying—it takes <00:04:19.897><c>less </c><00:04:20.564><c>than </c><00:04:21.231><c>two </c><00:04:21.898><c>minutes.</c> 00:04:22.880 --> 00:04:22.890 align:start position:0% takes less than two minutes. 00:04:22.890 --> 00:04:25.430 align:start position:0% takes less than two minutes. However, <00:04:23.370><c>the</c> 00:04:25.430 --> 00:04:25.440 align:start position:0% However, the 00:04:25.440 --> 00:04:30.350 align:start position:0% However, the information <00:04:25.854><c>required </c><00:04:26.268><c>when </c><00:04:26.682><c>applying </c><00:04:27.096><c>for </c><00:04:27.510><c>an </c><00:04:27.924><c>I-Number </c><00:04:28.338><c>is </c><00:04:28.752><c>extremely </c><00:04:29.166><c>important, </c><00:04:29.580><c>and</c> 00:04:30.350 --> 00:04:30.360 align:start position:0% information required when applying for an I-Number is extremely important, and 00:04:30.360 --> 00:04:35.360 align:start position:0% information required when applying for an I-Number is extremely important, and generally, <00:04:30.614><c>the </c><00:04:30.868><c>government </c><00:04:31.122><c>information </c><00:04:31.376><c>of </c><00:04:31.630><c>those </c><00:04:31.884><c>who </c><00:04:32.138><c>are </c><00:04:32.392><c>currently </c><00:04:32.646><c>residing </c><00:04:32.900><c>in </c><00:04:33.154><c>or </c><00:04:33.408><c>currently </c><00:04:33.662><c>residing </c><00:04:33.916><c>in </c><00:04:34.170><c>the </c><00:04:34.424><c>U.S. </c><00:04:34.678><c>is</c> 00:04:35.360 --> 00:04:35.370 align:start position:0% generally, the government information of those who are currently residing in or currently residing in the U.S. is 00:04:35.370 --> 00:04:39.980 align:start position:0% generally, the government information of those who are currently residing in or currently residing in the U.S. is often <00:04:35.995><c>required. </c><00:04:36.620><c>For </c><00:04:37.245><c>your </c><00:04:37.870><c>reference, </c><00:04:38.495><c>while </c><00:04:39.120><c>there </c><00:04:39.745><c>is</c> 00:04:39.980 --> 00:04:39.990 align:start position:0% often required. For your reference, while there is 00:04:39.990 --> 00:04:45.230 align:start position:0% often required. For your reference, while there is no <00:04:40.469><c>problem </c><00:04:40.948><c>establishing </c><00:04:41.427><c>a </c><00:04:41.906><c>corporation </c><00:04:42.385><c>in </c><00:04:42.864><c>the </c><00:04:43.343><c>U.S. </c><00:04:43.822><c>from </c><00:04:44.301><c>Korea, </c><00:04:44.780><c>when</c> 00:04:45.230 --> 00:04:45.240 align:start position:0% no problem establishing a corporation in the U.S. from Korea, when 00:04:45.240 --> 00:04:49.969 align:start position:0% no problem establishing a corporation in the U.S. from Korea, when applying <00:04:45.550><c>for </c><00:04:45.860><c>an </c><00:04:46.170><c>I-Number, </c><00:04:46.480><c>those </c><00:04:46.790><c>coming </c><00:04:47.100><c>from </c><00:04:47.410><c>Korea </c><00:04:47.720><c>or </c><00:04:48.030><c>those </c><00:04:48.340><c>not </c><00:04:48.650><c>residing </c><00:04:48.960><c>in </c><00:04:49.270><c>the </c><00:04:49.580><c>U.S.</c> 00:04:49.969 --> 00:04:52.760 align:start position:0% applying for an I-Number, those coming from Korea or those not residing in the U.S. 00:04:52.760 --> 00:04:52.770 align:start position:0% 00:04:52.770 --> 00:04:57.950 align:start position:0% cannot <00:04:53.121><c>use </c><00:04:53.472><c>their </c><00:04:53.823><c>Korean </c><00:04:54.174><c>Resident </c><00:04:54.525><c>Registration </c><00:04:54.876><c>Number. </c><00:04:55.227><c>However, </c><00:04:55.578><c>when </c><00:04:55.929><c>applying </c><00:04:56.280><c>for </c><00:04:56.631><c>an </c><00:04:56.982><c>I-N, </c><00:04:57.333><c>you </c><00:04:57.684><c>must</c> 00:04:57.950 --> 00:04:57.960 align:start position:0% cannot use their Korean Resident Registration Number. However, when applying for an I-N, you must 00:04:57.960 --> 00:05:02.779 align:start position:0% cannot use their Korean Resident Registration Number. However, when applying for an I-N, you must include <00:04:58.295><c>the </c><00:04:58.630><c>information </c><00:04:58.965><c>of </c><00:04:59.300><c>an </c><00:04:59.635><c>individual </c><00:04:59.970><c>with </c><00:05:00.305><c>a </c><00:05:00.640><c>Social </c><00:05:00.975><c>Security </c><00:05:01.310><c>Number.</c> 00:05:02.779 --> 00:05:02.789 align:start position:0% include the information of an individual with a Social Security Number. 00:05:02.789 --> 00:05:05.629 align:start position:0% include the information of an individual with a Social Security Number. The <00:05:03.173><c>reason </c><00:05:03.557><c>is </c><00:05:03.941><c>as </c><00:05:04.325><c>follows: </c><00:05:04.709><c>the</c> 00:05:05.629 --> 00:05:05.639 align:start position:0% The reason is as follows: the 00:05:05.639 --> 00:05:10.129 align:start position:0% The reason is as follows: the application <00:05:06.026><c>form </c><00:05:06.413><c>is </c><00:05:06.800><c>structured </c><00:05:07.187><c>like </c><00:05:07.574><c>this, </c><00:05:07.961><c>labeled </c><00:05:08.348><c>as </c><00:05:08.735><c>"Contact </c><00:05:09.122><c>Information" </c><00:05:09.509><c>or </c><00:05:09.896><c>"</c> 00:05:10.129 --> 00:05:10.139 align:start position:0% application form is structured like this, labeled as "Contact Information" or " 00:05:10.139 --> 00:05:15.529 align:start position:0% application form is structured like this, labeled as "Contact Information" or " Response <00:05:11.009><c>Block." </c><00:05:11.879><c>A </c><00:05:12.749><c>corporation </c><00:05:13.619><c>lacks </c><00:05:14.489><c>substance.</c> 00:05:15.529 --> 00:05:15.539 align:start position:0% Response Block." A corporation lacks substance. 00:05:15.539 --> 00:05:19.939 align:start position:0% Response Block." A corporation lacks substance. Unlike <00:05:16.034><c>an </c><00:05:16.529><c>individual, </c><00:05:17.024><c>which </c><00:05:17.519><c>has </c><00:05:18.014><c>a </c><00:05:18.509><c>name </c><00:05:19.004><c>and </c><00:05:19.499><c>a</c> 00:05:19.939 --> 00:05:19.949 align:start position:0% Unlike an individual, which has a name and a 00:05:19.949 --> 00:05:25.339 align:start position:0% Unlike an individual, which has a name and a physical <00:05:20.799><c>body, </c><00:05:21.649><c>a </c><00:05:22.499><c>corporation </c><00:05:23.349><c>is </c><00:05:24.199><c>a </c><00:05:25.049><c>person.</c> 00:05:25.339 --> 00:05:25.349 align:start position:0% physical body, a corporation is a person. 00:05:25.349 --> 00:05:28.969 align:start position:0% physical body, a corporation is a person. Therefore, <00:05:26.609><c>from </c><00:05:27.869><c>the</c> 00:05:28.969 --> 00:05:28.979 align:start position:0% Therefore, from the 00:05:28.979 --> 00:05:33.980 align:start position:0% Therefore, from the perspective <00:05:29.254><c>of </c><00:05:29.529><c>the </c><00:05:29.804><c>IRS </c><00:05:30.079><c>or </c><00:05:30.354><c>the </c><00:05:30.629><c>National </c><00:05:30.904><c>Tax </c><00:05:31.179><c>Service, </c><00:05:31.454><c>relying </c><00:05:31.729><c>solely </c><00:05:32.004><c>on </c><00:05:32.279><c>this </c><00:05:32.554><c>corporation </c><00:05:32.829><c>for </c><00:05:33.104><c>future... </c><00:05:33.379><c>There </c><00:05:33.654><c>is</c> 00:05:33.980 --> 00:05:37.909 align:start position:0% perspective of the IRS or the National Tax Service, relying solely on this corporation for future... There is 00:05:37.909 --> 00:05:37.919 align:start position:0% 00:05:37.919 --> 00:05:44.360 align:start position:0% no <00:05:38.214><c>way </c><00:05:38.509><c>to </c><00:05:38.804><c>contact </c><00:05:39.099><c>them </c><00:05:39.394><c>regarding </c><00:05:39.689><c>tax </c><00:05:39.984><c>issues </c><00:05:40.279><c>or </c><00:05:40.574><c>communication </c><00:05:40.869><c>matters. </c><00:05:41.164><c>Therefore, </c><00:05:41.459><c>whether </c><00:05:41.754><c>it </c><00:05:42.049><c>is </c><00:05:42.344><c>a </c><00:05:42.639><c>corporation, </c><00:05:42.934><c>a </c><00:05:43.229><c>sole </c><00:05:43.524><c>proprietorship, </c><00:05:43.819><c>the</c> 00:05:44.360 --> 00:05:44.370 align:start position:0% no way to contact them regarding tax issues or communication matters. Therefore, whether it is a corporation, a sole proprietorship, the 00:05:44.370 --> 00:05:46.610 align:start position:0% no way to contact them regarding tax issues or communication matters. Therefore, whether it is a corporation, a sole proprietorship, the non-profit <00:05:44.620><c>organization </c><00:05:44.870><c>mentioned </c><00:05:45.120><c>earlier, </c><00:05:45.370><c>or </c><00:05:45.620><c>a </c><00:05:45.870><c>trust,</c> 00:05:46.610 --> 00:05:51.110 align:start position:0% non-profit organization mentioned earlier, or a trust, 00:05:51.110 --> 00:05:51.120 align:start position:0% 00:05:51.120 --> 00:05:55.309 align:start position:0% when <00:05:51.323><c>applying </c><00:05:51.526><c>for </c><00:05:51.729><c>a </c><00:05:51.932><c>number </c><00:05:52.135><c>on </c><00:05:52.338><c>behalf </c><00:05:52.541><c>of </c><00:05:52.744><c>such </c><00:05:52.947><c>an </c><00:05:53.150><c>entity, </c><00:05:53.353><c>the </c><00:05:53.556><c>real-name </c><00:05:53.759><c>individual </c><00:05:53.962><c>and </c><00:05:54.165><c>their </c><00:05:54.368><c>identification </c><00:05:54.571><c>number </c><00:05:54.774><c>must </c><00:05:54.977><c>be</c> 00:05:55.309 --> 00:05:55.319 align:start position:0% when applying for a number on behalf of such an entity, the real-name individual and their identification number must be 00:05:55.319 --> 00:05:59.319 align:start position:0% when applying for a number on behalf of such an entity, the real-name individual and their identification number must be included <00:05:55.715><c>for </c><00:05:56.111><c>the </c><00:05:56.507><c>process </c><00:05:56.903><c>to </c><00:05:57.299><c>proceed.</c> 00:05:59.319 --> 00:05:59.329 align:start position:0% included for the process to proceed. 00:05:59.329 --> 00:06:05.559 align:start position:0% included for the process to proceed. The <00:06:00.011><c>information </c><00:06:00.693><c>required </c><00:06:01.375><c>for </c><00:06:02.057><c>the </c><00:06:02.739><c>application </c><00:06:03.421><c>is </c><00:06:04.103><c>not </c><00:06:04.785><c>extensive;</c> 00:06:05.559 --> 00:06:05.569 align:start position:0% The information required for the application is not extensive; 00:06:05.569 --> 00:06:09.699 align:start position:0% The information required for the application is not extensive; first, <00:06:05.899><c>the </c><00:06:06.229><c>company </c><00:06:06.559><c>name </c><00:06:06.889><c>must </c><00:06:07.219><c>be </c><00:06:07.549><c>included. </c><00:06:07.879><c>The </c><00:06:08.209><c>corporate </c><00:06:08.539><c>name </c><00:06:08.869><c>must </c><00:06:09.199><c>be </c><00:06:09.529><c>strictly</c> 00:06:09.699 --> 00:06:09.709 align:start position:0% first, the company name must be included. The corporate name must be strictly 00:06:09.709 --> 00:06:10.659 align:start position:0% first, the company name must be included. The corporate name must be strictly 00:06:10.659 --> 00:06:10.669 align:start position:0% 00:06:10.669 --> 00:06:16.149 align:start position:0% included <00:06:11.094><c>in </c><00:06:11.519><c>addition </c><00:06:11.944><c>to </c><00:06:12.369><c>the </c><00:06:12.794><c>registered </c><00:06:13.219><c>records. </c><00:06:13.644><c>Information </c><00:06:14.069><c>regarding </c><00:06:14.494><c>the </c><00:06:14.919><c>registration </c><00:06:15.344><c>date,</c> 00:06:16.149 --> 00:06:16.159 align:start position:0% included in addition to the registered records. Information regarding the registration date, 00:06:16.159 --> 00:06:20.319 align:start position:0% included in addition to the registered records. Information regarding the registration date, when <00:06:16.452><c>operations </c><00:06:16.745><c>will </c><00:06:17.038><c>begin, </c><00:06:17.331><c>and </c><00:06:17.624><c>the </c><00:06:17.917><c>type </c><00:06:18.210><c>of </c><00:06:18.503><c>business </c><00:06:18.796><c>will </c><00:06:19.089><c>be </c><00:06:19.382><c>conducted </c><00:06:19.675><c>is </c><00:06:19.968><c>also</c> 00:06:20.319 --> 00:06:20.329 align:start position:0% when operations will begin, and the type of business will be conducted is also 00:06:20.329 --> 00:06:24.579 align:start position:0% when operations will begin, and the type of business will be conducted is also included. <00:06:20.824><c>Next, </c><00:06:21.319><c>and </c><00:06:21.814><c>most </c><00:06:22.309><c>importantly, </c><00:06:22.804><c>the </c><00:06:23.299><c>information </c><00:06:23.794><c>of </c><00:06:24.289><c>the</c> 00:06:24.579 --> 00:06:24.589 align:start position:0% included. Next, and most importantly, the information of the 00:06:24.589 --> 00:06:30.279 align:start position:0% included. Next, and most importantly, the information of the corporate <00:06:24.963><c>contact </c><00:06:25.337><c>person—the </c><00:06:25.711><c>individual </c><00:06:26.085><c>who </c><00:06:26.459><c>can </c><00:06:26.833><c>contact </c><00:06:27.207><c>the </c><00:06:27.581><c>IRS </c><00:06:27.955><c>on </c><00:06:28.329><c>behalf </c><00:06:28.703><c>of </c><00:06:29.077><c>the </c><00:06:29.451><c>corporation—is </c><00:06:29.825><c>required. </c><00:06:30.199><c>In</c> 00:06:30.279 --> 00:06:33.399 align:start position:0% corporate contact person—the individual who can contact the IRS on behalf of the corporation—is required. In 00:06:33.399 --> 00:06:33.409 align:start position:0% 00:06:33.409 --> 00:06:37.509 align:start position:0% this <00:06:33.744><c>case, </c><00:06:34.079><c>the </c><00:06:34.414><c>individual's </c><00:06:34.749><c>name, </c><00:06:35.084><c>name, </c><00:06:35.419><c>surgery </c><00:06:35.754><c>number, </c><00:06:36.089><c>and </c><00:06:36.424><c>identification </c><00:06:36.759><c>number </c><00:06:37.094><c>are</c> 00:06:37.509 --> 00:06:37.519 align:start position:0% this case, the individual's name, name, surgery number, and identification number are 00:06:37.519 --> 00:06:39.730 align:start position:0% this case, the individual's name, name, surgery number, and identification number are included. <00:06:37.909><c>If</c> 00:06:39.730 --> 00:06:39.740 align:start position:0% included. If 00:06:39.740 --> 00:06:44.290 align:start position:0% included. If this <00:06:40.171><c>is </c><00:06:40.602><c>not </c><00:06:41.033><c>included, </c><00:06:41.464><c>the </c><00:06:41.895><c>number </c><00:06:42.326><c>application </c><00:06:42.757><c>cannot </c><00:06:43.188><c>proceed.</c> 00:06:44.290 --> 00:06:44.300 align:start position:0% this is not included, the number application cannot proceed. 00:06:44.300 --> 00:06:48.940 align:start position:0% this is not included, the number application cannot proceed. Therefore, <00:06:44.566><c>those </c><00:06:44.832><c>establishing </c><00:06:45.098><c>a </c><00:06:45.364><c>corporation </c><00:06:45.630><c>in </c><00:06:45.896><c>a </c><00:06:46.162><c>service </c><00:06:46.428><c>country </c><00:06:46.694><c>or </c><00:06:46.960><c>planning </c><00:06:47.226><c>to </c><00:06:47.492><c>expand </c><00:06:47.758><c>into </c><00:06:48.024><c>that </c><00:06:48.290><c>sector </c><00:06:48.556><c>do</c> 00:06:48.940 --> 00:06:48.950 align:start position:0% Therefore, those establishing a corporation in a service country or planning to expand into that sector do 00:06:48.950 --> 00:06:55.000 align:start position:0% Therefore, those establishing a corporation in a service country or planning to expand into that sector do not <00:06:49.592><c>usually </c><00:06:50.234><c>experience </c><00:06:50.876><c>significant </c><00:06:51.518><c>difficulties </c><00:06:52.160><c>at </c><00:06:52.802><c>this </c><00:06:53.444><c>stage.</c> 00:06:55.000 --> 00:06:55.010 align:start position:0% not usually experience significant difficulties at this stage. 00:06:55.010 --> 00:07:00.790 align:start position:0% not usually experience significant difficulties at this stage. However, <00:06:55.400><c>there </c><00:06:55.790><c>is </c><00:06:56.180><c>another </c><00:06:56.570><c>way </c><00:06:56.960><c>to </c><00:06:57.350><c>resolve </c><00:06:57.740><c>such </c><00:06:58.130><c>cases. </c><00:06:58.520><c>It </c><00:06:58.910><c>is </c><00:06:59.300><c>possible.</c> 00:07:00.790 --> 00:07:00.800 align:start position:0% However, there is another way to resolve such cases. It is possible. 00:07:00.800 --> 00:07:07.590 align:start position:0% However, there is another way to resolve such cases. It is possible. Even <00:07:01.250><c>if </c><00:07:01.700><c>an </c><00:07:02.150><c>individual </c><00:07:02.600><c>related </c><00:07:03.050><c>to </c><00:07:03.500><c>the </c><00:07:03.950><c>company </c><00:07:04.400><c>does </c><00:07:04.850><c>not </c><00:07:05.300><c>provide </c><00:07:05.750><c>the </c><00:07:06.200><c>transaction </c><00:07:06.650><c>number, </c><00:07:07.100><c>the</c> 00:07:07.590 --> 00:07:07.600 align:start position:0% Even if an individual related to the company does not provide the transaction number, the 00:07:07.600 --> 00:07:13.150 align:start position:0% Even if an individual related to the company does not provide the transaction number, the IRS <00:07:07.837><c>facilitates </c><00:07:08.074><c>the </c><00:07:08.311><c>process </c><00:07:08.548><c>by </c><00:07:08.785><c>allowing </c><00:07:09.022><c>a </c><00:07:09.259><c>third </c><00:07:09.496><c>party—known </c><00:07:09.733><c>as </c><00:07:09.970><c>a </c><00:07:10.207><c>"clearance </c><00:07:10.444><c>fly"—to </c><00:07:10.681><c>provide </c><00:07:10.918><c>the </c><00:07:11.155><c>transaction </c><00:07:11.392><c>number </c><00:07:11.629><c>on </c><00:07:11.866><c>behalf </c><00:07:12.103><c>of </c><00:07:12.340><c>the </c><00:07:12.577><c>corporation </c><00:07:12.814><c>and</c> 00:07:13.150 --> 00:07:13.160 align:start position:0% IRS facilitates the process by allowing a third party—known as a "clearance fly"—to provide the transaction number on behalf of the corporation and 00:07:13.160 --> 00:07:18.370 align:start position:0% IRS facilitates the process by allowing a third party—known as a "clearance fly"—to provide the transaction number on behalf of the corporation and apply <00:07:14.770><c>for </c><00:07:16.380><c>an </c><00:07:17.990><c>EIN.</c> 00:07:18.370 --> 00:07:18.380 align:start position:0% apply for an EIN. 00:07:18.380 --> 00:07:19.150 align:start position:0% apply for an EIN. 00:07:19.150 --> 00:07:19.160 align:start position:0% 00:07:19.160 --> 00:07:25.270 align:start position:0% Therefore, <00:07:19.694><c>lawyers, </c><00:07:20.228><c>accountants, </c><00:07:20.762><c>and </c><00:07:21.296><c>legal </c><00:07:21.830><c>assistants </c><00:07:22.364><c>like </c><00:07:22.898><c>myself—even </c><00:07:23.432><c>though </c><00:07:23.966><c>they </c><00:07:24.500><c>are </c><00:07:25.034><c>completely</c> 00:07:25.270 --> 00:07:25.280 align:start position:0% Therefore, lawyers, accountants, and legal assistants like myself—even though they are completely 00:07:25.280 --> 00:07:30.430 align:start position:0% Therefore, lawyers, accountants, and legal assistants like myself—even though they are completely unrelated <00:07:25.616><c>individuals—can </c><00:07:25.952><c>act </c><00:07:26.288><c>as </c><00:07:26.624><c>third </c><00:07:26.960><c>parties </c><00:07:27.296><c>to </c><00:07:27.632><c>handle </c><00:07:27.968><c>the </c><00:07:28.304><c>procedures </c><00:07:28.640><c>on </c><00:07:28.976><c>behalf </c><00:07:29.312><c>of </c><00:07:29.648><c>the </c><00:07:29.984><c>corporation.</c> 00:07:30.430 --> 00:07:32.770 align:start position:0% unrelated individuals—can act as third parties to handle the procedures on behalf of the corporation. 00:07:32.770 --> 00:07:32.780 align:start position:0% 00:07:32.780 --> 00:07:36.190 align:start position:0% I <00:07:33.002><c>am </c><00:07:33.224><c>no </c><00:07:33.446><c>exception; </c><00:07:33.668><c>since </c><00:07:33.890><c>many </c><00:07:34.112><c>of </c><00:07:34.334><c>my </c><00:07:34.556><c>clients </c><00:07:34.778><c>are </c><00:07:35.000><c>expanding </c><00:07:35.222><c>from </c><00:07:35.444><c>Korea </c><00:07:35.666><c>into </c><00:07:35.888><c>the </c><00:07:36.110><c>U.S.,</c> 00:07:36.190 --> 00:07:36.200 align:start position:0% I am no exception; since many of my clients are expanding from Korea into the U.S., 00:07:36.200 --> 00:07:39.130 align:start position:0% I am no exception; since many of my clients are expanding from Korea into the U.S., I <00:07:36.626><c>assist </c><00:07:37.052><c>them </c><00:07:37.478><c>in </c><00:07:37.904><c>these </c><00:07:38.330><c>cases.</c> 00:07:39.130 --> 00:07:39.140 align:start position:0% I assist them in these cases. 00:07:39.140 --> 00:07:44.830 align:start position:0% I assist them in these cases. Otherwise, <00:07:39.336><c>there </c><00:07:39.532><c>is </c><00:07:39.728><c>no </c><00:07:39.924><c>way </c><00:07:40.120><c>to </c><00:07:40.316><c>resolve </c><00:07:40.512><c>the </c><00:07:40.708><c>issue. </c><00:07:40.904><c>There </c><00:07:41.100><c>are </c><00:07:41.296><c>cases </c><00:07:41.492><c>like </c><00:07:41.688><c>this, </c><00:07:41.884><c>where </c><00:07:42.080><c>someone </c><00:07:42.276><c>is </c><00:07:42.472><c>doing </c><00:07:42.668><c>something </c><00:07:42.864><c>in </c><00:07:43.060><c>the </c><00:07:43.256><c>U.S., </c><00:07:43.452><c>or </c><00:07:43.648><c>they </c><00:07:43.844><c>might </c><00:07:44.040><c>have </c><00:07:44.236><c>a</c> 00:07:44.830 --> 00:07:44.840 align:start position:0% Otherwise, there is no way to resolve the issue. There are cases like this, where someone is doing something in the U.S., or they might have a 00:07:44.840 --> 00:07:48.490 align:start position:0% Otherwise, there is no way to resolve the issue. There are cases like this, where someone is doing something in the U.S., or they might have a friend <00:07:47.990><c>or</c> 00:07:48.490 --> 00:07:48.500 align:start position:0% friend or 00:07:48.500 --> 00:07:50.680 align:start position:0% friend or family <00:07:49.250><c>member.</c> 00:07:50.680 --> 00:07:50.690 align:start position:0% family member. 00:07:50.690 --> 00:07:55.990 align:start position:0% family member. However, <00:07:51.070><c>having </c><00:07:51.450><c>worked </c><00:07:51.830><c>in </c><00:07:52.210><c>this </c><00:07:52.590><c>field, </c><00:07:52.970><c>I </c><00:07:53.350><c>have </c><00:07:53.730><c>found </c><00:07:54.110><c>that </c><00:07:54.490><c>if </c><00:07:54.870><c>a </c><00:07:55.250><c>third </c><00:07:55.630><c>party</c> 00:07:55.990 --> 00:07:56.000 align:start position:0% However, having worked in this field, I have found that if a third party 00:07:56.000 --> 00:08:00.880 align:start position:0% However, having worked in this field, I have found that if a third party can <00:07:56.310><c>provide </c><00:07:56.620><c>this </c><00:07:56.930><c>information </c><00:07:57.240><c>without </c><00:07:57.550><c>liability, </c><00:07:57.860><c>there </c><00:07:58.170><c>is </c><00:07:58.480><c>no </c><00:07:58.790><c>problem </c><00:07:59.100><c>unless </c><00:07:59.410><c>such </c><00:07:59.720><c>procedures </c><00:08:00.030><c>are </c><00:08:00.340><c>followed.</c> 00:08:00.880 --> 00:08:02.140 align:start position:0% can provide this information without liability, there is no problem unless such procedures are followed. 00:08:02.140 --> 00:08:02.150 align:start position:0% 00:08:02.150 --> 00:08:06.810 align:start position:0% Most <00:08:02.286><c>people </c><00:08:02.422><c>residing </c><00:08:02.558><c>in </c><00:08:02.694><c>the </c><00:08:02.830><c>U.S. </c><00:08:02.966><c>worry </c><00:08:03.102><c>a </c><00:08:03.238><c>lot </c><00:08:03.374><c>when </c><00:08:03.510><c>someone </c><00:08:03.646><c>says, </c><00:08:03.782><c>"My </c><00:08:03.918><c>lawsuit </c><00:08:04.054><c>is </c><00:08:04.190><c>opening </c><00:08:04.326><c>a </c><00:08:04.462><c>business </c><00:08:04.598><c>with </c><00:08:04.734><c>someone </c><00:08:04.870><c>today," </c><00:08:05.006><c>"We </c><00:08:05.142><c>are </c><00:08:05.278><c>doing </c><00:08:05.414><c>a </c><00:08:05.550><c>joint </c><00:08:05.686><c>transaction,"</c> 00:08:06.810 --> 00:08:06.820 align:start position:0% Most people residing in the U.S. worry a lot when someone says, "My lawsuit is opening a business with someone today," "We are doing a joint transaction," 00:08:06.820 --> 00:08:11.980 align:start position:0% Most people residing in the U.S. worry a lot when someone says, "My lawsuit is opening a business with someone today," "We are doing a joint transaction," or <00:08:07.402><c>"The </c><00:08:07.984><c>government </c><00:08:08.566><c>is </c><00:08:09.148><c>doing </c><00:08:09.730><c>everything, </c><00:08:10.312><c>but </c><00:08:10.894><c>I </c><00:08:11.476><c>am</c> 00:08:11.980 --> 00:08:11.990 align:start position:0% or "The government is doing everything, but I am 00:08:11.990 --> 00:08:16.180 align:start position:0% or "The government is doing everything, but I am melting <00:08:12.296><c>into </c><00:08:12.602><c>the </c><00:08:12.908><c>domestic </c><00:08:13.214><c>market </c><00:08:13.520><c>on </c><00:08:13.826><c>their </c><00:08:14.132><c>behalf." </c><00:08:14.438><c>They </c><00:08:14.744><c>worry </c><00:08:15.050><c>that</c> 00:08:16.180 --> 00:08:16.190 align:start position:0% melting into the domestic market on their behalf." They worry that 00:08:16.190 --> 00:08:20.530 align:start position:0% melting into the domestic market on their behalf." They worry that he <00:08:16.451><c>is </c><00:08:16.712><c>bearing </c><00:08:16.973><c>joint </c><00:08:17.234><c>guarantee </c><00:08:17.495><c>liability </c><00:08:17.756><c>in </c><00:08:18.017><c>Koreatown. </c><00:08:18.278><c>I </c><00:08:18.539><c>feel </c><00:08:18.800><c>the </c><00:08:19.061><c>same </c><00:08:19.322><c>sense </c><00:08:19.583><c>of </c><00:08:19.844><c>burden.</c> 00:08:20.530 --> 00:08:20.540 align:start position:0% he is bearing joint guarantee liability in Koreatown. I feel the same sense of burden. 00:08:20.540 --> 00:08:24.580 align:start position:0% he is bearing joint guarantee liability in Koreatown. I feel the same sense of burden. That <00:08:20.685><c>is </c><00:08:20.830><c>why </c><00:08:20.975><c>in </c><00:08:21.120><c>the </c><00:08:21.265><c>U.S., </c><00:08:21.410><c>people </c><00:08:21.555><c>often </c><00:08:21.700><c>don't </c><00:08:21.845><c>ask </c><00:08:21.990><c>me </c><00:08:22.135><c>for </c><00:08:22.280><c>help </c><00:08:22.425><c>with </c><00:08:22.570><c>these </c><00:08:22.715><c>kinds </c><00:08:22.860><c>of </c><00:08:23.005><c>matters, </c><00:08:23.150><c>even </c><00:08:23.295><c>within </c><00:08:23.440><c>their </c><00:08:23.585><c>own </c><00:08:23.730><c>families. </c><00:08:23.875><c>It </c><00:08:24.020><c>is </c><00:08:24.165><c>indeed </c><00:08:24.310><c>a</c> 00:08:24.580 --> 00:08:25.750 align:start position:0% That is why in the U.S., people often don't ask me for help with these kinds of matters, even within their own families. It is indeed a 00:08:25.750 --> 00:08:25.760 align:start position:0% 00:08:25.760 --> 00:08:31.330 align:start position:0% sensitive <00:08:26.210><c>issue, </c><00:08:26.660><c>but </c><00:08:27.110><c>it </c><00:08:27.560><c>is </c><00:08:28.010><c>not </c><00:08:28.460><c>entirely </c><00:08:28.910><c>impossible </c><00:08:29.360><c>to </c><00:08:29.810><c>resolve. </c><00:08:30.260><c>If </c><00:08:30.710><c>a</c> 00:08:31.330 --> 00:08:31.340 align:start position:0% sensitive issue, but it is not entirely impossible to resolve. If a 00:08:31.340 --> 00:08:34.719 align:start position:0% sensitive issue, but it is not entirely impossible to resolve. If a close <00:08:31.902><c>family </c><00:08:32.464><c>member </c><00:08:33.026><c>can </c><00:08:33.588><c>assist</c> 00:08:34.719 --> 00:08:34.729 align:start position:0% close family member can assist 00:08:34.729 --> 00:08:40.000 align:start position:0% close family member can assist you, <00:08:35.067><c>please </c><00:08:35.405><c>do </c><00:08:35.743><c>so; </c><00:08:36.081><c>otherwise, </c><00:08:36.419><c>professionals </c><00:08:36.757><c>like </c><00:08:37.095><c>me </c><00:08:37.433><c>can </c><00:08:37.771><c>resolve </c><00:08:38.109><c>the </c><00:08:38.447><c>matter </c><00:08:38.785><c>for </c><00:08:39.123><c>you. </c><00:08:39.461><c>You </c><00:08:39.799><c>can</c> 00:08:40.000 --> 00:08:41.870 align:start position:0% you, please do so; otherwise, professionals like me can resolve the matter for you. You can 00:08:41.870 --> 00:08:41.880 align:start position:0% 00:08:41.880 --> 00:08:47.650 align:start position:0% apply <00:08:42.297><c>for </c><00:08:42.714><c>a </c><00:08:43.131><c>JIN </c><00:08:43.548><c>number, </c><00:08:43.965><c>and </c><00:08:44.382><c>if </c><00:08:44.799><c>you </c><00:08:45.216><c>apply </c><00:08:45.633><c>online, </c><00:08:46.050><c>you </c><00:08:46.467><c>can </c><00:08:46.884><c>immediately</c> 00:08:47.650 --> 00:08:47.660 align:start position:0% apply for a JIN number, and if you apply online, you can immediately 00:08:47.660 --> 00:08:54.290 align:start position:0% apply for a JIN number, and if you apply online, you can immediately receive <00:08:48.366><c>confirmation </c><00:08:49.072><c>that </c><00:08:49.778><c>you </c><00:08:50.484><c>are </c><00:08:51.190><c>eligible. </c><00:08:51.896><c>Once </c><00:08:52.602><c>you </c><00:08:53.308><c>keep</c> 00:08:54.290 --> 00:08:54.300 align:start position:0% receive confirmation that you are eligible. Once you keep 00:08:54.300 --> 00:09:02.750 align:start position:0% receive confirmation that you are eligible. Once you keep that <00:08:55.465><c>confirmed </c><00:08:56.630><c>document </c><00:08:57.795><c>safe, </c><00:08:58.960><c>the </c><00:09:00.125><c>application </c><00:09:01.290><c>is </c><00:09:02.455><c>complete.</c> 00:09:02.750 --> 00:09:02.760 align:start position:0% that confirmed document safe, the application is complete. 00:09:02.760 --> 00:09:03.290 align:start position:0% that confirmed document safe, the application is complete. 00:09:03.290 --> 00:09:03.300 align:start position:0% 00:09:03.300 --> 00:09:06.889 align:start position:0% Since <00:09:03.725><c>the </c><00:09:04.150><c>number </c><00:09:04.575><c>has </c><00:09:05.000><c>been </c><00:09:05.425><c>issued, </c><00:09:05.850><c>you</c> 00:09:06.889 --> 00:09:12.110 align:start position:0% Since the number has been issued, you 00:09:12.110 --> 00:09:12.120 align:start position:0% 00:09:12.120 --> 00:09:15.530 align:start position:0% will <00:09:12.262><c>receive </c><00:09:12.404><c>a </c><00:09:12.546><c>confirmation </c><00:09:12.688><c>letter </c><00:09:12.830><c>from </c><00:09:12.972><c>the </c><00:09:13.114><c>IRS </c><00:09:13.256><c>in </c><00:09:13.398><c>about </c><00:09:13.540><c>three </c><00:09:13.682><c>weeks. </c><00:09:13.824><c>It </c><00:09:13.966><c>will </c><00:09:14.108><c>list </c><00:09:14.250><c>the</c> 00:09:15.530 --> 00:09:15.540 align:start position:0% will receive a confirmation letter from the IRS in about three weeks. It will list the 00:09:15.540 --> 00:09:20.269 align:start position:0% will receive a confirmation letter from the IRS in about three weeks. It will list the harvest <00:09:16.657><c>and </c><00:09:17.774><c>four </c><00:09:18.891><c>additional </c><00:09:20.008><c>personnel,</c> 00:09:20.269 --> 00:09:20.279 align:start position:0% harvest and four additional personnel, 00:09:20.279 --> 00:09:25.129 align:start position:0% harvest and four additional personnel, and <00:09:20.590><c>the </c><00:09:20.901><c>ID </c><00:09:21.212><c>number </c><00:09:21.523><c>will </c><00:09:21.834><c>be </c><00:09:22.145><c>listed </c><00:09:22.456><c>on </c><00:09:22.767><c>the </c><00:09:23.078><c>right. </c><00:09:23.389><c>Item </c><00:09:23.700><c>2 </c><00:09:24.011><c>is </c><00:09:24.322><c>a</c> 00:09:25.129 --> 00:09:25.139 align:start position:0% and the ID number will be listed on the right. Item 2 is a 00:09:25.139 --> 00:09:29.150 align:start position:0% and the ID number will be listed on the right. Item 2 is a document <00:09:25.323><c>confirming </c><00:09:25.507><c>that </c><00:09:25.691><c>it </c><00:09:25.875><c>has </c><00:09:26.059><c>been </c><00:09:26.243><c>officially </c><00:09:26.427><c>issued. </c><00:09:26.611><c>It </c><00:09:26.795><c>consists </c><00:09:26.979><c>of </c><00:09:27.163><c>about </c><00:09:27.347><c>three </c><00:09:27.531><c>pages </c><00:09:27.715><c>of </c><00:09:27.899><c>an </c><00:09:28.083><c>ANTU </c><00:09:28.267><c>document </c><00:09:28.451><c>or </c><00:09:28.635><c>a</c> 00:09:29.150 --> 00:09:29.160 align:start position:0% document confirming that it has been officially issued. It consists of about three pages of an ANTU document or a 00:09:29.160 --> 00:09:32.449 align:start position:0% document confirming that it has been officially issued. It consists of about three pages of an ANTU document or a confirmation <00:09:29.782><c>board </c><00:09:30.404><c>verifying </c><00:09:31.026><c>the </c><00:09:31.648><c>pen.</c> 00:09:32.449 --> 00:09:38.000 align:start position:0% confirmation board verifying the pen. 00:09:38.000 --> 00:09:38.010 align:start position:0% 00:09:38.010 --> 00:09:42.110 align:start position:0% Since <00:09:38.242><c>this </c><00:09:38.474><c>is </c><00:09:38.706><c>an </c><00:09:38.938><c>official </c><00:09:39.170><c>confirmation </c><00:09:39.402><c>document </c><00:09:39.634><c>regarding </c><00:09:39.866><c>the </c><00:09:40.098><c>JIN </c><00:09:40.330><c>number, </c><00:09:40.562><c>please </c><00:09:40.794><c>keep </c><00:09:41.026><c>it </c><00:09:41.258><c>safe. </c><00:09:41.490><c>You </c><00:09:41.722><c>should </c><00:09:41.954><c>definitely</c> 00:09:42.110 --> 00:09:42.120 align:start position:0% Since this is an official confirmation document regarding the JIN number, please keep it safe. You should definitely 00:09:42.120 --> 00:09:46.009 align:start position:0% Since this is an official confirmation document regarding the JIN number, please keep it safe. You should definitely save <00:09:42.309><c>it </c><00:09:42.498><c>as </c><00:09:42.687><c>a </c><00:09:42.876><c>PDF </c><00:09:43.065><c>or </c><00:09:43.254><c>scan </c><00:09:43.443><c>it. </c><00:09:43.632><c>Yes, </c><00:09:43.821><c>that </c><00:09:44.010><c>is </c><00:09:44.199><c>fine. </c><00:09:44.388><c>Since </c><00:09:44.577><c>it </c><00:09:44.766><c>is </c><00:09:44.955><c>an </c><00:09:45.144><c>official </c><00:09:45.333><c>document </c><00:09:45.522><c>proving </c><00:09:45.711><c>that</c> 00:09:46.009 --> 00:09:46.019 align:start position:0% save it as a PDF or scan it. Yes, that is fine. Since it is an official document proving that 00:09:46.019 --> 00:09:51.259 align:start position:0% save it as a PDF or scan it. Yes, that is fine. Since it is an official document proving that we <00:09:46.275><c>are </c><00:09:46.531><c>a </c><00:09:46.787><c>legitimate </c><00:09:47.043><c>company </c><00:09:47.299><c>that </c><00:09:47.555><c>has </c><00:09:47.811><c>received </c><00:09:48.067><c>a </c><00:09:48.323><c>license </c><00:09:48.579><c>number—whether </c><00:09:48.835><c>from </c><00:09:49.091><c>an </c><00:09:49.347><c>accountant </c><00:09:49.603><c>or </c><00:09:49.859><c>for </c><00:09:50.115><c>various </c><00:09:50.371><c>other </c><00:09:50.627><c>necessary </c><00:09:50.883><c>matters—you </c><00:09:51.139><c>should</c> 00:09:51.259 --> 00:09:51.269 align:start position:0% we are a legitimate company that has received a license number—whether from an accountant or for various other necessary matters—you should 00:09:51.269 --> 00:09:56.870 align:start position:0% we are a legitimate company that has received a license number—whether from an accountant or for various other necessary matters—you should keep <00:09:54.180><c>it.</c> 00:09:56.870 --> 00:09:56.880 align:start position:0% 00:09:56.880 --> 00:10:01.460 align:start position:0% Also, <00:09:57.516><c>regarding </c><00:09:58.152><c>another </c><00:09:58.788><c>issue, </c><00:09:59.424><c>there </c><00:10:00.060><c>are</c> 00:10:01.460 --> 00:10:01.470 align:start position:0% Also, regarding another issue, there are 00:10:01.470 --> 00:10:10.700 align:start position:0% Also, regarding another issue, there are 10 <00:10:01.962><c>states </c><00:10:02.454><c>in </c><00:10:02.946><c>the </c><00:10:03.438><c>U.S. </c><00:10:03.930><c>Let's </c><00:10:04.422><c>take </c><00:10:04.914><c>California </c><00:10:05.406><c>as </c><00:10:05.898><c>an </c><00:10:06.390><c>example. </c><00:10:06.882><c>Suppose </c><00:10:07.374><c>a</c> 00:10:10.700 --> 00:10:10.710 align:start position:0% 00:10:10.710 --> 00:10:18.690 align:start position:0% company <00:10:11.561><c>called </c><00:10:12.412><c>Apple </c><00:10:13.263><c>Link </c><00:10:14.114><c>was </c><00:10:14.965><c>registered </c><00:10:15.816><c>in </c><00:10:16.667><c>California. </c><00:10:17.518><c>However, </c><00:10:18.369><c>after</c> 00:10:18.690 --> 00:10:18.700 align:start position:0% company called Apple Link was registered in California. However, after 00:10:18.700 --> 00:10:22.650 align:start position:0% company called Apple Link was registered in California. However, after applying <00:10:18.981><c>to </c><00:10:19.262><c>the </c><00:10:19.543><c>IRS </c><00:10:19.824><c>for </c><00:10:20.105><c>a </c><00:10:20.386><c>license </c><00:10:20.667><c>under </c><00:10:20.948><c>the </c><00:10:21.229><c>name </c><00:10:21.510><c>Apple </c><00:10:21.791><c>Link, </c><00:10:22.072><c>it </c><00:10:22.353><c>was</c> 00:10:22.650 --> 00:10:22.660 align:start position:0% applying to the IRS for a license under the name Apple Link, it was 00:10:22.660 --> 00:10:28.280 align:start position:0% applying to the IRS for a license under the name Apple Link, it was rejected. <00:10:22.932><c>Upon </c><00:10:23.204><c>investigating </c><00:10:23.476><c>why, </c><00:10:23.748><c>it </c><00:10:24.020><c>turns </c><00:10:24.292><c>out </c><00:10:24.564><c>that </c><00:10:24.836><c>a </c><00:10:25.108><c>license </c><00:10:25.380><c>number </c><00:10:25.652><c>has</c> 00:10:28.280 --> 00:10:31.460 align:start position:0% 00:10:31.460 --> 00:10:34.280 align:start position:0% 00:10:34.280 --> 00:10:39.050 align:start position:0% 00:10:39.050 --> 00:10:45.530 align:start position:0% 00:10:45.530 --> 00:10:45.540 align:start position:0% 00:10:45.540 --> 00:10:49.519 align:start position:0% already <00:10:45.727><c>been </c><00:10:45.914><c>filed </c><00:10:46.101><c>with </c><00:10:46.288><c>the </c><00:10:46.475><c>federal </c><00:10:46.662><c>IRS </c><00:10:46.849><c>by </c><00:10:47.036><c>another </c><00:10:47.223><c>state </c><00:10:47.410><c>under </c><00:10:47.597><c>the </c><00:10:47.784><c>same </c><00:10:47.971><c>name </c><00:10:48.158><c>as </c><00:10:48.345><c>Apple </c><00:10:48.532><c>Link. </c><00:10:48.719><c>In</c> 00:10:49.519 --> 00:10:49.529 align:start position:0% already been filed with the federal IRS by another state under the same name as Apple Link. In 00:10:49.529 --> 00:10:54.470 align:start position:0% already been filed with the federal IRS by another state under the same name as Apple Link. In such <00:10:49.897><c>cases, </c><00:10:50.265><c>the </c><00:10:50.633><c>IRS </c><00:10:51.001><c>does </c><00:10:51.369><c>not </c><00:10:51.737><c>issue </c><00:10:52.105><c>the </c><00:10:52.473><c>license. </c><00:10:52.841><c>They </c><00:10:53.209><c>put </c><00:10:53.577><c>a</c> 00:10:54.470 --> 00:10:54.480 align:start position:0% such cases, the IRS does not issue the license. They put a 00:10:54.480 --> 00:10:58.190 align:start position:0% such cases, the IRS does not issue the license. They put a hold <00:10:54.740><c>on </c><00:10:55.000><c>it, </c><00:10:55.260><c>reject </c><00:10:55.520><c>it, </c><00:10:55.780><c>and </c><00:10:56.040><c>ask</c> 00:10:58.190 --> 00:10:58.200 align:start position:0% hold on it, reject it, and ask 00:10:58.200 --> 00:11:01.700 align:start position:0% hold on it, reject it, and ask what <00:10:58.585><c>they </c><00:10:58.970><c>require. </c><00:10:59.355><c>You </c><00:10:59.740><c>then </c><00:11:00.125><c>need </c><00:11:00.510><c>to</c> 00:11:01.700 --> 00:11:08.360 align:start position:0% what they require. You then need to 00:11:08.360 --> 00:11:08.370 align:start position:0% 00:11:08.370 --> 00:11:12.830 align:start position:0% attach <00:11:11.160><c>and</c> 00:11:12.830 --> 00:11:12.840 align:start position:0% attach and 00:11:12.840 --> 00:11:17.330 align:start position:0% attach and submit <00:11:13.007><c>documents </c><00:11:13.174><c>proving </c><00:11:13.341><c>that </c><00:11:13.508><c>you </c><00:11:13.675><c>legitimately </c><00:11:13.842><c>recently </c><00:11:14.009><c>registered </c><00:11:14.176><c>the </c><00:11:14.343><c>company </c><00:11:14.510><c>under </c><00:11:14.677><c>the </c><00:11:14.844><c>law </c><00:11:15.011><c>in </c><00:11:15.178><c>California. </c><00:11:15.345><c>When </c><00:11:15.512><c>applying </c><00:11:15.679><c>online, </c><00:11:15.846><c>you </c><00:11:16.013><c>do </c><00:11:16.180><c>not </c><00:11:16.347><c>need </c><00:11:16.514><c>to</c> 00:11:17.330 --> 00:11:17.340 align:start position:0% submit documents proving that you legitimately recently registered the company under the law in California. When applying online, you do not need to 00:11:17.340 --> 00:11:22.520 align:start position:0% submit documents proving that you legitimately recently registered the company under the law in California. When applying online, you do not need to submit <00:11:17.658><c>documents </c><00:11:17.976><c>to </c><00:11:18.294><c>avoid </c><00:11:18.612><c>such </c><00:11:18.930><c>issues. </c><00:11:19.248><c>Although </c><00:11:19.566><c>it </c><00:11:19.884><c>is </c><00:11:20.202><c>not </c><00:11:20.520><c>strictly </c><00:11:20.838><c>necessary, </c><00:11:21.156><c>if </c><00:11:21.474><c>there </c><00:11:21.792><c>is </c><00:11:22.110><c>a</c> 00:11:22.520 --> 00:11:22.530 align:start position:0% submit documents to avoid such issues. Although it is not strictly necessary, if there is a 00:11:22.530 --> 00:11:26.990 align:start position:0% submit documents to avoid such issues. Although it is not strictly necessary, if there is a number <00:11:22.914><c>issued </c><00:11:23.298><c>under </c><00:11:23.682><c>the </c><00:11:24.066><c>exact </c><00:11:24.450><c>same </c><00:11:24.834><c>name </c><00:11:25.218><c>as </c><00:11:25.602><c>a </c><00:11:25.986><c>standard </c><00:11:26.370><c>corporation, </c><00:11:26.754><c>the</c> 00:11:26.990 --> 00:11:27.000 align:start position:0% number issued under the exact same name as a standard corporation, the 00:11:27.000 --> 00:11:28.580 align:start position:0% number issued under the exact same name as a standard corporation, the IRS <00:11:27.600><c>will</c> 00:11:28.580 --> 00:11:28.590 align:start position:0% IRS will 00:11:28.590 --> 00:11:33.980 align:start position:0% IRS will verify <00:11:28.898><c>it. </c><00:11:29.206><c>Therefore, </c><00:11:29.514><c>it </c><00:11:29.822><c>does </c><00:11:30.130><c>not </c><00:11:30.438><c>mean </c><00:11:30.746><c>it </c><00:11:31.054><c>is </c><00:11:31.362><c>impossible </c><00:11:31.670><c>in </c><00:11:31.978><c>such </c><00:11:32.286><c>cases. </c><00:11:32.594><c>If </c><00:11:32.902><c>you</c> 00:11:33.980 --> 00:11:39.470 align:start position:0% verify it. Therefore, it does not mean it is impossible in such cases. If you 00:11:39.470 --> 00:11:39.480 align:start position:0% 00:11:39.480 --> 00:11:45.530 align:start position:0% submit <00:11:39.716><c>proof </c><00:11:39.952><c>of </c><00:11:40.188><c>ownership </c><00:11:40.424><c>and </c><00:11:40.660><c>documentation </c><00:11:40.896><c>to </c><00:11:41.132><c>the </c><00:11:41.368><c>relevant </c><00:11:41.604><c>department </c><00:11:41.840><c>and </c><00:11:42.076><c>manager, </c><00:11:42.312><c>the </c><00:11:42.548><c>manager </c><00:11:42.784><c>will </c><00:11:43.020><c>review </c><00:11:43.256><c>it. </c><00:11:43.492><c>They </c><00:11:43.728><c>will </c><00:11:43.964><c>confirm, </c><00:11:44.200><c>"Ah, </c><00:11:44.436><c>this </c><00:11:44.672><c>is </c><00:11:44.908><c>a </c><00:11:45.144><c>newly</c> 00:11:45.530 --> 00:11:45.540 align:start position:0% submit proof of ownership and documentation to the relevant department and manager, the manager will review it. They will confirm, "Ah, this is a newly 00:11:45.540 --> 00:11:47.240 align:start position:0% submit proof of ownership and documentation to the relevant department and manager, the manager will review it. They will confirm, "Ah, this is a newly registered <00:11:45.744><c>F-Link </c><00:11:45.948><c>in </c><00:11:46.152><c>California; </c><00:11:46.356><c>it </c><00:11:46.560><c>is</c> 00:11:47.240 --> 00:11:50.630 align:start position:0% registered F-Link in California; it is 00:11:50.630 --> 00:11:50.640 align:start position:0% 00:11:50.640 --> 00:11:53.000 align:start position:0% not <00:11:50.700><c>the </c><00:11:50.760><c>same </c><00:11:50.820><c>company </c><00:11:50.880><c>as </c><00:11:50.940><c>the </c><00:11:51.000><c>existing </c><00:11:51.060><c>Apple </c><00:11:51.120><c>Link </c><00:11:51.180><c>in </c><00:11:51.240><c>New </c><00:11:51.300><c>York </c><00:11:51.360><c>that </c><00:11:51.420><c>we </c><00:11:51.480><c>previously </c><00:11:51.540><c>issued." </c><00:11:51.600><c>Upon </c><00:11:51.660><c>verification, </c><00:11:51.720><c>they </c><00:11:51.780><c>will</c> 00:11:53.000 --> 00:11:53.010 align:start position:0% not the same company as the existing Apple Link in New York that we previously issued." Upon verification, they will 00:11:53.010 --> 00:11:57.130 align:start position:0% not the same company as the existing Apple Link in New York that we previously issued." Upon verification, they will then <00:11:53.650><c>issue </c><00:11:54.290><c>the </c><00:11:54.930><c>EIN.</c> 00:11:57.130 --> 00:11:57.140 align:start position:0% then issue the EIN. 00:11:57.140 --> 00:12:04.900 align:start position:0% then issue the EIN. So, <00:11:57.693><c>as </c><00:11:58.246><c>I </c><00:11:58.799><c>mentioned </c><00:11:59.352><c>earlier, </c><00:11:59.905><c>this </c><00:12:00.458><c>information </c><00:12:01.011><c>is </c><00:12:01.564><c>essential </c><00:12:02.117><c>for </c><00:12:02.670><c>opening </c><00:12:03.223><c>a </c><00:12:03.776><c>bank </c><00:12:04.329><c>account.</c> 00:12:04.900 --> 00:12:06.760 align:start position:0% So, as I mentioned earlier, this information is essential for opening a bank account. 00:12:06.760 --> 00:12:06.770 align:start position:0% 00:12:06.770 --> 00:12:12.040 align:start position:0% When <00:12:07.185><c>establishing </c><00:12:07.600><c>a </c><00:12:08.015><c>corporation, </c><00:12:08.430><c>you </c><00:12:08.845><c>must </c><00:12:09.260><c>open </c><00:12:09.675><c>a </c><00:12:10.090><c>bank </c><00:12:10.505><c>account </c><00:12:10.920><c>to </c><00:12:11.335><c>conduct </c><00:12:11.750><c>business</c> 00:12:12.040 --> 00:12:12.050 align:start position:0% When establishing a corporation, you must open a bank account to conduct business 00:12:12.050 --> 00:12:13.780 align:start position:0% When establishing a corporation, you must open a bank account to conduct business activities. <00:12:12.830><c>The</c> 00:12:13.780 --> 00:12:13.790 align:start position:0% activities. The 00:12:13.790 --> 00:12:16.900 align:start position:0% activities. The same <00:12:14.060><c>applies </c><00:12:14.330><c>to </c><00:12:14.600><c>companies </c><00:12:14.870><c>expanding </c><00:12:15.140><c>from </c><00:12:15.410><c>Korea </c><00:12:15.680><c>into </c><00:12:15.950><c>the </c><00:12:16.220><c>U.S.</c> 00:12:16.900 --> 00:12:16.910 align:start position:0% same applies to companies expanding from Korea into the U.S. 00:12:16.910 --> 00:12:20.530 align:start position:0% same applies to companies expanding from Korea into the U.S. This <00:12:17.072><c>is </c><00:12:17.234><c>because </c><00:12:17.396><c>a </c><00:12:17.558><c>bank </c><00:12:17.720><c>account </c><00:12:17.882><c>is </c><00:12:18.044><c>required </c><00:12:18.206><c>as </c><00:12:18.368><c>a </c><00:12:18.530><c>means </c><00:12:18.692><c>of </c><00:12:18.854><c>payment </c><00:12:19.016><c>for </c><00:12:19.178><c>receiving </c><00:12:19.340><c>or </c><00:12:19.502><c>making </c><00:12:19.664><c>payments.</c> 00:12:20.530 --> 00:12:24.490 align:start position:0% This is because a bank account is required as a means of payment for receiving or making payments. 00:12:24.490 --> 00:12:24.500 align:start position:0% 00:12:24.500 --> 00:12:28.840 align:start position:0% Therefore, <00:12:24.656><c>the </c><00:12:24.812><c>documents </c><00:12:24.968><c>required </c><00:12:25.124><c>by </c><00:12:25.280><c>the </c><00:12:25.436><c>bank </c><00:12:25.592><c>are, </c><00:12:25.748><c>as </c><00:12:25.904><c>I </c><00:12:26.060><c>mentioned </c><00:12:26.216><c>earlier, </c><00:12:26.372><c>the </c><00:12:26.528><c>registration </c><00:12:26.684><c>of </c><00:12:26.840><c>the </c><00:12:26.996><c>Artic </c><00:12:27.152><c>Sub </c><00:12:27.308><c>Incorporation </c><00:12:27.464><c>Corporation </c><00:12:27.620><c>registered </c><00:12:27.776><c>in </c><00:12:27.932><c>that </c><00:12:28.088><c>state, </c><00:12:28.244><c>and</c> 00:12:28.840 --> 00:12:32.530 align:start position:0% Therefore, the documents required by the bank are, as I mentioned earlier, the registration of the Artic Sub Incorporation Corporation registered in that state, and 00:12:32.530 --> 00:12:32.540 align:start position:0% 00:12:32.540 --> 00:12:38.110 align:start position:0% secondly, <00:12:33.294><c>the </c><00:12:34.048><c>EIN </c><00:12:34.802><c>number </c><00:12:35.556><c>issued </c><00:12:36.310><c>by </c><00:12:37.064><c>the </c><00:12:37.818><c>IRS.</c> 00:12:38.110 --> 00:12:38.120 align:start position:0% secondly, the EIN number issued by the IRS. 00:12:38.120 --> 00:12:38.980 align:start position:0% secondly, the EIN number issued by the IRS. 00:12:38.980 --> 00:12:38.990 align:start position:0% 00:12:38.990 --> 00:12:43.570 align:start position:0% And <00:12:39.401><c>third, </c><00:12:39.812><c>once </c><00:12:40.223><c>you </c><00:12:40.634><c>have </c><00:12:41.045><c>your </c><00:12:41.456><c>personal </c><00:12:41.867><c>ID </c><00:12:42.278><c>or </c><00:12:42.689><c>identification </c><00:12:43.100><c>and</c> 00:12:43.570 --> 00:12:43.580 align:start position:0% And third, once you have your personal ID or identification and 00:12:43.580 --> 00:12:49.030 align:start position:0% And third, once you have your personal ID or identification and these <00:12:43.935><c>three </c><00:12:44.290><c>documents </c><00:12:44.645><c>ready, </c><00:12:45.000><c>the </c><00:12:45.355><c>bank </c><00:12:45.710><c>will </c><00:12:46.065><c>process </c><00:12:46.420><c>the </c><00:12:46.775><c>transfer, </c><00:12:47.130><c>and </c><00:12:47.485><c>you </c><00:12:47.840><c>can </c><00:12:48.195><c>also </c><00:12:48.550><c>apply.</c> 00:12:49.030 --> 00:12:51.170 align:start position:0% these three documents ready, the bank will process the transfer, and you can also apply. 00:12:51.170 --> 00:12:51.180 align:start position:0% 00:12:51.180 --> 00:12:56.120 align:start position:0% So, <00:12:51.671><c>today </c><00:12:52.162><c>I </c><00:12:52.653><c>briefly </c><00:12:53.144><c>explained </c><00:12:53.635><c>the </c><00:12:54.126><c>EIN </c><00:12:54.617><c>number. </c><00:12:55.108><c>To</c> 00:12:56.120 --> 00:12:56.130 align:start position:0% So, today I briefly explained the EIN number. To 00:12:56.130 --> 00:12:58.800 align:start position:0% So, today I briefly explained the EIN number. To 00:12:58.800 --> 00:12:58.810 align:start position:0% 00:12:58.810 --> 00:13:03.030 align:start position:0% summarize, <00:12:58.993><c>you </c><00:12:59.176><c>should </c><00:12:59.359><c>understand </c><00:12:59.542><c>that </c><00:12:59.725><c>even </c><00:12:59.908><c>if </c><00:13:00.091><c>you </c><00:13:00.274><c>do </c><00:13:00.457><c>not </c><00:13:00.640><c>have </c><00:13:00.823><c>a </c><00:13:01.006><c>company </c><00:13:01.189><c>ID </c><00:13:01.372><c>or </c><00:13:01.555><c>are </c><00:13:01.738><c>a </c><00:13:01.921><c>foreigner, </c><00:13:02.104><c>you</c> 00:13:03.030 --> 00:13:03.040 align:start position:0% summarize, you should understand that even if you do not have a company ID or are a foreigner, you 00:13:03.040 --> 00:13:06.990 align:start position:0% summarize, you should understand that even if you do not have a company ID or are a foreigner, you can <00:13:03.417><c>still </c><00:13:03.794><c>apply </c><00:13:04.171><c>for </c><00:13:04.548><c>this </c><00:13:04.925><c>EIN </c><00:13:05.302><c>service. </c><00:13:05.679><c>The</c> 00:13:06.990 --> 00:13:07.000 align:start position:0% can still apply for this EIN service. The 00:13:07.000 --> 00:13:13.200 align:start position:0% can still apply for this EIN service. The EIN <00:13:07.840><c>headquarters </c><00:13:08.680><c>is </c><00:13:09.520><c>important </c><00:13:10.360><c>for </c><00:13:11.200><c>corporate </c><00:13:12.040><c>tax </c><00:13:12.880><c>purposes.</c> 00:13:13.200 --> 00:13:13.210 align:start position:0% EIN headquarters is important for corporate tax purposes. 00:13:13.210 --> 00:13:14.400 align:start position:0% EIN headquarters is important for corporate tax purposes. 00:13:14.400 --> 00:13:14.410 align:start position:0% 00:13:14.410 --> 00:13:19.800 align:start position:0% Since <00:13:14.662><c>this </c><00:13:14.914><c>is </c><00:13:15.166><c>a </c><00:13:15.418><c>very </c><00:13:15.670><c>important </c><00:13:15.922><c>number </c><00:13:16.174><c>that </c><00:13:16.426><c>must </c><00:13:16.678><c>be </c><00:13:16.930><c>used </c><00:13:17.182><c>for </c><00:13:17.434><c>registration </c><00:13:17.686><c>and </c><00:13:17.938><c>communication </c><00:13:18.190><c>everywhere, </c><00:13:18.442><c>it </c><00:13:18.694><c>is</c> 00:13:19.800 --> 00:13:19.810 align:start position:0% Since this is a very important number that must be used for registration and communication everywhere, it is 00:13:19.810 --> 00:13:23.670 align:start position:0% Since this is a very important number that must be used for registration and communication everywhere, it is essential <00:13:20.150><c>to </c><00:13:20.490><c>obtain </c><00:13:20.830><c>it </c><00:13:21.170><c>along </c><00:13:21.510><c>with </c><00:13:21.850><c>company </c><00:13:22.190><c>incorporation. </c><00:13:22.530><c>As </c><00:13:22.870><c>I</c> 00:13:23.670 --> 00:13:23.680 align:start position:0% essential to obtain it along with company incorporation. As I 00:13:23.680 --> 00:13:29.160 align:start position:0% essential to obtain it along with company incorporation. As I mentioned, <00:13:24.184><c>there </c><00:13:24.688><c>are </c><00:13:25.192><c>various </c><00:13:25.696><c>thorough </c><00:13:26.200><c>processes, </c><00:13:26.704><c>but </c><00:13:27.208><c>if </c><00:13:27.712><c>you </c><00:13:28.216><c>apply </c><00:13:28.720><c>online,</c> 00:13:29.160 --> 00:13:29.170 align:start position:0% mentioned, there are various thorough processes, but if you apply online, 00:13:29.170 --> 00:13:32.530 align:start position:0% mentioned, there are various thorough processes, but if you apply online, usually, <00:13:29.500><c>unless </c><00:13:29.830><c>it </c><00:13:30.160><c>is</c> 00:13:32.530 --> 00:13:32.540 align:start position:0% usually, unless it is 00:13:32.540 --> 00:13:36.700 align:start position:0% usually, unless it is rejected <00:13:32.850><c>due </c><00:13:33.160><c>to </c><00:13:33.470><c>a </c><00:13:33.780><c>duplicate </c><00:13:34.090><c>name </c><00:13:34.400><c>as </c><00:13:34.710><c>I </c><00:13:35.020><c>said </c><00:13:35.330><c>earlier, </c><00:13:35.640><c>you </c><00:13:35.950><c>can</c> 00:13:36.700 --> 00:13:36.710 align:start position:0% rejected due to a duplicate name as I said earlier, you can 00:13:36.710 --> 00:13:42.100 align:start position:0% rejected due to a duplicate name as I said earlier, you can receive <00:13:37.135><c>it </c><00:13:37.560><c>on </c><00:13:37.985><c>the </c><00:13:38.410><c>same </c><00:13:38.835><c>day </c><00:13:39.260><c>of </c><00:13:39.685><c>application. </c><00:13:40.110><c>Then, </c><00:13:40.535><c>you </c><00:13:40.960><c>can </c><00:13:41.385><c>immediately</c> 00:13:42.100 --> 00:13:43.900 align:start position:0% receive it on the same day of application. Then, you can immediately 00:13:43.900 --> 00:13:43.910 align:start position:0% 00:13:43.910 --> 00:13:48.280 align:start position:0% apply <00:13:44.356><c>for </c><00:13:44.802><c>a </c><00:13:45.248><c>bank </c><00:13:45.694><c>account </c><00:13:46.140><c>and </c><00:13:46.586><c>proceed </c><00:13:47.032><c>with </c><00:13:47.478><c>subsequent </c><00:13:47.924><c>procedures.</c> 00:13:48.280 --> 00:13:48.290 align:start position:0% apply for a bank account and proceed with subsequent procedures. 00:13:48.290 --> 00:13:49.450 align:start position:0% apply for a bank account and proceed with subsequent procedures. 00:13:49.450 --> 00:13:49.460 align:start position:0% 00:13:49.460 --> 00:13:53.230 align:start position:0% For <00:13:49.722><c>example, </c><00:13:49.984><c>once </c><00:13:50.246><c>you </c><00:13:50.508><c>receive </c><00:13:50.770><c>this </c><00:13:51.032><c>EIN </c><00:13:51.294><c>number, </c><00:13:51.556><c>you </c><00:13:51.818><c>can </c><00:13:52.080><c>use </c><00:13:52.342><c>that </c><00:13:52.604><c>corporate</c> 00:13:53.230 --> 00:13:53.240 align:start position:0% For example, once you receive this EIN number, you can use that corporate 00:13:53.240 --> 00:13:57.940 align:start position:0% For example, once you receive this EIN number, you can use that corporate name <00:13:53.622><c>to, </c><00:13:54.004><c>for </c><00:13:54.386><c>instance, </c><00:13:54.768><c>obtain </c><00:13:55.150><c>a </c><00:13:55.532><c>business </c><00:13:55.914><c>registration </c><00:13:56.296><c>certificate </c><00:13:56.678><c>worth </c><00:13:57.060><c>400 </c><00:13:57.442><c>million </c><00:13:57.824><c>won,</c> 00:13:57.940 --> 00:13:57.950 align:start position:0% name to, for instance, obtain a business registration certificate worth 400 million won, 00:13:57.950 --> 00:14:02.290 align:start position:0% name to, for instance, obtain a business registration certificate worth 400 million won, secure <00:13:58.112><c>business </c><00:13:58.274><c>funds </c><00:13:58.436><c>for </c><00:13:58.598><c>the </c><00:13:58.760><c>relevant </c><00:13:58.922><c>business, </c><00:13:59.084><c>or </c><00:13:59.246><c>obtain </c><00:13:59.408><c>a </c><00:13:59.570><c>business </c><00:13:59.732><c>license. </c><00:13:59.894><c>For </c><00:14:00.056><c>instance, </c><00:14:00.218><c>if </c><00:14:00.380><c>I </c><00:14:00.542><c>run </c><00:14:00.704><c>a </c><00:14:00.866><c>restaurant, </c><00:14:01.028><c>I </c><00:14:01.190><c>can </c><00:14:01.352><c>use </c><00:14:01.514><c>it </c><00:14:01.676><c>for </c><00:14:01.838><c>the</c> 00:14:02.290 --> 00:14:02.300 align:start position:0% secure business funds for the relevant business, or obtain a business license. For instance, if I run a restaurant, I can use it for the 00:14:02.300 --> 00:14:08.230 align:start position:0% secure business funds for the relevant business, or obtain a business license. For instance, if I run a restaurant, I can use it for the restaurant's <00:14:02.767><c>business... </c><00:14:03.234><c>Depending </c><00:14:03.701><c>on </c><00:14:04.168><c>the </c><00:14:04.635><c>industry, </c><00:14:05.102><c>such </c><00:14:05.569><c>as </c><00:14:06.036><c>Miz </c><00:14:06.503><c>or </c><00:14:06.970><c>[another </c><00:14:07.437><c>business], </c><00:14:07.904><c>you</c> 00:14:08.230 --> 00:14:08.240 align:start position:0% restaurant's business... Depending on the industry, such as Miz or [another business], you 00:14:08.240 --> 00:14:13.150 align:start position:0% restaurant's business... Depending on the industry, such as Miz or [another business], you need <00:14:08.501><c>to </c><00:14:08.762><c>obtain </c><00:14:09.023><c>permits </c><00:14:09.284><c>and </c><00:14:09.545><c>licenses. </c><00:14:09.806><c>The </c><00:14:10.067><c>standard </c><00:14:10.328><c>for </c><00:14:10.589><c>all </c><00:14:10.850><c>of </c><00:14:11.111><c>these </c><00:14:11.372><c>is </c><00:14:11.633><c>the </c><00:14:11.894><c>registration </c><00:14:12.155><c>number</c> 00:14:13.150 --> 00:14:13.160 align:start position:0% need to obtain permits and licenses. The standard for all of these is the registration number 00:14:13.160 --> 00:14:18.220 align:start position:0% need to obtain permits and licenses. The standard for all of these is the registration number listed <00:14:13.515><c>alongside </c><00:14:13.870><c>them; </c><00:14:14.225><c>I </c><00:14:14.580><c>understand </c><00:14:14.935><c>that </c><00:14:15.290><c>the </c><00:14:15.645><c>number </c><00:14:16.000><c>5 </c><00:14:16.355><c>serves </c><00:14:16.710><c>as </c><00:14:17.065><c>the </c><00:14:17.420><c>standard.</c> 00:14:18.220 --> 00:14:18.230 align:start position:0% listed alongside them; I understand that the number 5 serves as the standard. 00:14:18.230 --> 00:14:24.040 align:start position:0% listed alongside them; I understand that the number 5 serves as the standard. Therefore, <00:14:18.488><c>regardless </c><00:14:18.746><c>of </c><00:14:19.004><c>the </c><00:14:19.262><c>specific </c><00:14:19.520><c>line, </c><00:14:19.778><c>please </c><00:14:20.036><c>consider </c><00:14:20.294><c>this </c><00:14:20.552><c>the </c><00:14:20.810><c>most </c><00:14:21.068><c>important </c><00:14:21.326><c>business </c><00:14:21.584><c>registration </c><00:14:21.842><c>number </c><00:14:22.100><c>and</c> 00:14:24.040 --> 00:14:24.050 align:start position:0% Therefore, regardless of the specific line, please consider this the most important business registration number and 00:14:24.050 --> 00:14:27.010 align:start position:0% Therefore, regardless of the specific line, please consider this the most important business registration number and understand <00:14:24.550><c>it </c><00:14:25.050><c>that </c><00:14:25.550><c>way.</c> 00:14:27.010 --> 00:14:27.020 align:start position:0% understand it that way. 00:14:27.020 --> 00:14:33.310 align:start position:0% understand it that way. Today, <00:14:27.408><c>I </c><00:14:27.796><c>explained </c><00:14:28.184><c>the </c><00:14:28.572><c>EIN </c><00:14:28.960><c>number, </c><00:14:29.348><c>which </c><00:14:29.736><c>is </c><00:14:30.124><c>the </c><00:14:30.512><c>most </c><00:14:30.900><c>critical </c><00:14:31.288><c>step </c><00:14:31.676><c>after </c><00:14:32.064><c>establishing </c><00:14:32.452><c>a </c><00:14:32.840><c>business. </c><00:14:33.228><c>I</c> 00:14:33.310 --> 00:14:35.500 align:start position:0% Today, I explained the EIN number, which is the most critical step after establishing a business. I 00:14:35.500 --> 00:14:35.510 align:start position:0% 00:14:35.510 --> 00:14:38.650 align:start position:0% have <00:14:35.835><c>given </c><00:14:36.160><c>a </c><00:14:36.485><c>general </c><00:14:36.810><c>overview, </c><00:14:37.135><c>but </c><00:14:37.460><c>if </c><00:14:37.785><c>you</c> 00:14:38.650 --> 00:14:42.730 align:start position:0% have given a general overview, but if you 00:14:42.730 --> 00:14:42.740 align:start position:0% 00:14:42.740 --> 00:14:47.650 align:start position:0% have <00:14:42.947><c>any </c><00:14:43.154><c>further </c><00:14:43.361><c>specific </c><00:14:43.568><c>questions </c><00:14:43.775><c>or </c><00:14:43.982><c>needs </c><00:14:44.189><c>regarding </c><00:14:44.396><c>this, </c><00:14:44.603><c>please </c><00:14:44.810><c>leave </c><00:14:45.017><c>a </c><00:14:45.224><c>comment, </c><00:14:45.431><c>ask </c><00:14:45.638><c>on </c><00:14:45.845><c>my </c><00:14:46.052><c>website, </c><00:14:46.259><c>or </c><00:14:46.466><c>contact </c><00:14:46.673><c>me </c><00:14:46.880><c>via </c><00:14:47.087><c>email, </c><00:14:47.294><c>and</c> 00:14:47.650 --> 00:14:47.660 align:start position:0% have any further specific questions or needs regarding this, please leave a comment, ask on my website, or contact me via email, and 00:14:47.660 --> 00:14:52.450 align:start position:0% have any further specific questions or needs regarding this, please leave a comment, ask on my website, or contact me via email, and I <00:14:48.254><c>will </c><00:14:48.848><c>be </c><00:14:49.442><c>happy </c><00:14:50.036><c>to </c><00:14:50.630><c>answer.</c> 00:14:52.450 --> 00:14:52.460 align:start position:0% I will be happy to answer. 00:14:52.460 --> 00:14:55.240 align:start position:0% I will be happy to answer. Yes, <00:14:52.685><c>this </c><00:14:52.910><c>has </c><00:14:53.135><c>been </c><00:14:53.360><c>Cha-an </c><00:14:53.585><c>Kim </c><00:14:53.810><c>Dong-ha </c><00:14:54.035><c>from </c><00:14:54.260><c>Corporate </c><00:14:54.485><c>Part </c><00:14:54.710><c>4.</c> 00:14:55.240 --> 00:14:55.250 align:start position:0% Yes, this has been Cha-an Kim Dong-ha from Corporate Part 4. 00:14:55.250 --> 00:14:59.560 align:start position:0% Yes, this has been Cha-an Kim Dong-ha from Corporate Part 4. Thank <00:14:55.850><c>you </c><00:14:56.450><c>for </c><00:14:57.050><c>watching.</c>