The research sector in South Korea is highly specialized. Companies with proven R&D capability may obtain the Specialized Research Business (전문연구사업자) certification, an official recognition under the Minister of Science and ICT (MSIT). Below is a concise overview of what it is, who qualifies, and why it matters.
What is a Specialized Research Business?
A specialized research business is a company officially recognized by MSIT for its science-and-technology R&D capability, including dedicated personnel, facilities, and documented research outputs.
Who can receive this certification?
Eligibility generally includes having specialized R&D staff (e.g., 2–3 or more), dedicated research facilities, at least one self-developed material/equipment or comparable output, a track record of deliveries (e.g., three or more per year), and a meaningful share of revenue from commissioned research or research management (e.g., ~30%), depending on sector and guideline specifics.
Key benefits of this certification
- Support in national R&D projects: Eligibility to participate; researchers’ salaries may be included; a portion of direct costs can be recognized as research overhead (e.g., up to ~10%).
- Tax incentives: Partial deduction of qualifying R&D expenses from corporate/income tax; special reductions/credits for eligible SMEs.
- Financial support: Improved access to technology guarantees and technical/market feasibility evaluations that can facilitate bank or investor financing.
What does the certification indicate about the business?
This certification signals that the company meets MSIT’s baseline standards for R&D capability—qualified staff, facilities, governance, and a verifiable record of research outputs. It acts as a credibility marker for partners, grant agencies, and investors, helping differentiate genuine R&D operators. It is not a sales or product license and does not replace regulatory approvals required in specific industries where applicable.
Coverage in KOBDi: The KOBDi database includes businesses certified as Specialized Research Businesses (전문연구사업자). This information appears on each Business Profile page, and companies with this certification can be found via the KOBDi Korea Industry Search.