Doing Business in Korea

Korea is the one of the top twelve major trading countries in the world. Low interest rate and skilled labor force in Korea are strong incentives for foreign investment.

Korea promotes foreign participations in the technology and service industries.

This Doing Business in Korea guide has been prepared to give an insight into business practices and provide relevant background information to assist organizations considering establishing a business in Korea. It does not cover the subject exhaustively but is intended to answer some of the important broad questions that may arise.

When specific problems occur in practice, it will be necessary to refer to the laws and regulations of Korea and to obtain appropriate accounting and Legal advice