Table of Contents
- What Is Narajangteo?
- Who Can Register?
- Benefits of Registration
- Required Documents
- Registration Procedure
- After Registration: Participating in Bids
- FAQ
1. What Is Narajangteo?
Narajangteo (나라장터) is Korea's national online public procurement platform operated by the Public Procurement Service (PPS). All government agencies and public institutions must use Narajangteo for procurement above certain thresholds.
2. Who Can Register?
Any business — domestic or foreign-invested — with a valid Korean business registration may register as a supplier. Certain contract categories require additional certifications (e.g., construction license, specific product certifications).
3. Benefits of Registration
- Access to hundreds of thousands of annual public tenders
- Stable revenue from government contracts
- SME-exclusive procurement categories
- Preference multipliers for certified businesses (Venture, Women-Owned, etc.)
4. Required Documents
- Business registration certificate
- Certificate of corporate seal impression
- Financial statements (for multi-year contracts)
- Relevant product/service certifications
- Digital certificate (공인인증서)
5. Registration Procedure
- Obtain a digital certificate (공인인증서)
- Register on the Narajangteo portal (www.g2b.go.kr)
- Submit company information and required documents
- PPS review and approval (2–5 business days)
6. After Registration: Participating in Bids
After approval, browse open tenders by category. Submit electronic bids through the portal. Low-value contracts may use a shopping mall format (단가계약). Winning bids require contract execution within the platform.
FAQ
Q. Can foreign companies without a Korean office register?
A. A Korean business registration is required. Foreign companies typically need to establish a branch or subsidiary first.
Q. Is there a registration fee?
A. No government registration fee, but a digital certificate has an annual cost (approx. KRW 100,000).
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