These information pages can help you get started in learning about some of the laws and registration requirements that may apply to your experiences on Airbnb. These pages include summaries of some of the rules that may apply to different sorts of activities, and contain links to government resources that you may find helpful.
Please understand that these information pages are not comprehensive, and are not legal advice. If you are unsure about how local laws or this information may apply to you or your Experience, we encourage you to check with official sources or seek legal advice.
Please note that we don’t update this information in real time, so you should confirm that the laws or procedures have not changed recently.*
Could I be a business? When am I likely to be considered to be a business?
In South Korea, an activity is generally considered to be a business if it is carried out in return for money in a professional, organized and regular way. There are resources online which can help you identify whether your activity could be considered to be a business.
You will generally also be considered to be conducting a business if you engage in an activity for which a licence or registration is required. For example, a tourism business is a licensed activity and generally you will be considered to be a business if you are registered as a tourism business.
What if I am a registered business - what things should I be thinking about? Is there anything I need to be aware of when dealing with consumers?
Yes. Consumer protection laws, such as the Act on Consumer Protection in Electronic Commerce, the Act on Fair Labeling and Advertising, etc., apply to registered businesses and you will be required to truthfully describe your trip or experience in your listing so your guests can make informed decisions. This means that:
In sum, this means that you need to provide the services advertised in your listing, within the advertised dates and times, at the advertised price. For more information, the relevant laws provide a detailed guidance on truth-in-advertising, that we encourage you to review.
Do any business registration or licensing obligations apply?
Yes. If you are considered to be a business:
Do I need to set up a company or comply with any other formal requirements?
There is no need to set up a company in order to trade goods or services.
If you like, you can choose to register your business as a company, a partnership or cooperative. Different rules apply to each of these formal categories. You can find out more here.