K-Diligence
← All guides

How many people actually work at that Korean company?

Updated

A Korean supplier's website says “150 employees, state-of-the-art facility.” The website is marketing. Two public records say how many people are actually on the payroll, and neither can be edited by the marketing department.

Record one: the corporate filing

Companies on the Korean corporate register file an employee count (

종업원수

number of employees

) with their periodic revisions. It is a snapshot, updated irregularly — but because the register keeps every revision, the snapshots line up into a history. A company whose filings read 1 → 13 → 20 across five years is telling you something no brochure will: it grew, roughly when, and roughly how fast.

Record two: pension contributions

The stronger evidence is monthly. Every Korean employer files a National Pension contribution for each member of staff, every month, and the workplace-level figures are public: subscriber counts, new joiners, departures. This is the closest thing to a live payroll feed that public data offers, and it is the check that matters most for a company too small to file audited accounts.

What you seeWhat it means for you
Subscribers stable or risingThe company is paying salaries every month. It exists in the fullest sense.
Subscribers falling sharplyStaff are leaving faster than they are replaced. Any single month looks fine; the trend is the finding.
Contributions stoppedThe earliest public sign of real trouble — it usually precedes a formal closure filing by months.
No workplace foundNormal for a sole trader with no staff. For a company claiming a factory and a team, a question worth asking directly.

What the numbers cannot tell you

Pension figures count employees on the Korean payroll. They do not count dispatched workers, subcontractors, or production that happens in someone else's factory — which matters, because many Korean “manufacturers” are trading companies whose real headcount is a sales office. A supplier claiming 150 staff whose filings show 12 is not necessarily lying — but the gap is exactly the question to put to them before you commit.

Start with the free registration check; a commissioned report adds twelve months of staffing history.

Check a number

Read next