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What documents are needed to file a report as a virtual asset service provider?

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I am a person preparing a virtual asset-related business! What documents do I need to prepare when filing a report as a virtual asset service provider? I would be grateful if you could tell me overall about the contents that must go into the report and the documents that must be submitted separately.

virtual asset service provider

A

Answer to Related Inquiry

Along with the virtual asset service provider report, you must prepare various documents that can verify the business status, information on the executives, the internal operating system, and the like.

First, the report must basically include the reporter's information, the location and contact details of the head office and business offices, email and domain information, the server location, the real names and nationalities of the representative and executives, the type of virtual asset business to be carried out, and information related to the real-name-verified deposit and withdrawal account.

In the case of a foreign business operator, the address and contact details of the domestic place of business and the personal details of the domestic representative must additionally be stated.

Next, documents proving the status of the virtual asset-related business operator are required.

These include the articles of incorporation, the business registration certificate, and the certified copy of the corporate register, and in particular, it is common to submit the articles of incorporation after having them notarized.

In addition, in order to prove that there was a decision to carry out the virtual asset business, the minutes of the promoters' meeting, the general meeting of shareholders, or the board of directors must also be submitted.

As documents related to the representative and executives, a confirmation document for real-name verification is required.

There are also other documents that are important in practice, including internal regulations that organize the business methods, such as the list of virtual assets handled, a copy of the Information Security Management System (ISMS) certificate, a confirmation of the issuance of the real-name-verified deposit and withdrawal account, and a power of attorney in cases where an agent files the report.

As such, because filing a report as a virtual asset service provider is not a simple reporting procedure but a process of comprehensively verifying the substance of the business and the internal control system, if there is a missing document or an error in the entries, a request for supplementation or a delay in the review may occur.

Therefore, since it is important to systematically check the documents to be prepared in advance and to prepare them accurately with the help of an expert if necessary, we hope you will proceed with the help of Daeryun, ranked 9th among law firms in Korea (based on 2025 National Tax Service value-added tax filings).

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