Doing Business
in Korea

Dutch chip firm ASM to invest USD 100 mln in S. Korea for facility expansion S. Korea's industry ministry said on Feb. 2 it agreed with...

Q. A foreign investment in the form of a long-term loan is not recorded as the amount of foreign investment on a certificate of...

Do you want to set up an offshore company? Here are several things to consider while establishing offshore company in South Korea. An...

All Industries The index of all industry production in November 2022 increased slightly, supported by the rebound of public...

Q. Can the foreign currency funds remitted from a foreign country prior to notification of foreign investment be used in establishing a...

S. Korea attracts record high FDI of USD 30.45 billion in 2022 Foreign direct investment (FDI) in S. Korea exceeded USD 30 billion for...

S. Korea to boost fintech fund to 1 trillion won S. Korea's financial authorities have decided to increase the size of the Fintech...

All Industries The index of all industry production in October 2022 fell dramatically, mostly in mining and service industries. In...

S. Korea to ease regulations to boost foreign investment S. Korea will ease regulations on imports of electric vehicles, chemical...

In an era of globalization, South Korea has established itself as a powerhouse not only in the economic realm but also in the realm of...

Seoul to relax regulations to allow wireless EV charging, IoT on smartphones The S. Korean government will ease regulatory hurdles to...

ASML's expansion in S. Korea reflects its 'preparation for growth': CEO The CEO of the Dutch chip equipment maker ASML Holding NV said on...

Q. Can a foreign-invested company redeem whole or part of its long-term loan within five years before maturity? A. Yes, early redemption...

All Industries In August 2022, Korea’s mining and manufacturing industries were adjusted for two consecutive months, but the production...

Q. What procedure should a foreigner follow when converting his/ her individual business into a corporation? A. When a foreigner intends...

S. Korea draws US$20 mln investment from Dutch, German semiconductor firms S. Korea has drawn investment of a combined USD 20 billion...

Here’s a look at Korea’s major economic indicators that provide an overview of the country’s recent economic developments. ※ Source:...

All Industries In July 2022, Korea’s mining and manufacturing industries and facilities investment were adjusted after growing for two...

Fair Agency Transactions Act [summary] (1) The Fair Trade Commission shall establish reasonable trade standards for each industry and...

Industry Korea ranks No. 4 in global EV sales, doubled from 2019 S. Korea’s electric vehicle exports last year more than doubled from the...