Doing Business
in Korea

Opening a new business in South Korea can open a window to quite dynamic market.  The country has a vibrant economy, the most advanced technology, and a strong governmental policy on innovation, which makes it an attractive business destination to international entrepreneurs.  However, the most important aspect of a successful and compliant launch is going through the painstaking legal and regulatory system of the country. This guide will walk you through the legal necessitie

In South Korea, the type of business entity that you choose is one of the most important decisions you’ll make. For foreign investors, this decision must also align with the requirements of the  Foreign Investment Promotion Act (FIPA). This basic decision determines not only your personal liability and tax liability but also how much capital you can raise and how much administrative work you will have.  To entrepreneurs who want to have a presence in this dynamic economy, it

South Korea has become an ideal destination for aspiring entrepreneurs, thanks to its robust economy, infrastructural superiority, and...

Limited Liability Company or LLC is one of the most popular business structures in South Korea . An LLC has the characteristics of both a...

In South Korea, conducting business with confidence requires ensuring that the entities you engage with are legitimate and compliant with...

For foreign investors or business partners seeking to collaborate with a Korean company, it is crucial to verify that the entity is...

Naunderstanding-business-closurse-in-koreavigating the process of business closure in Korea can be daunting, especially when terms like...

Starting a business is an exciting journey, especially in a vibrant market like South Korea. Whether you’re launching a small startup in...

If you’re thinking about opening a business in Korea, one of the first things to focus on is where your business will live – your office...

If you are looking to set up your business, the very first thing to do is get your business registered. You must be aware of this fact. ...

Are you looking to open a tourism business in South Korea?  It’s an exciting and potentially lucrative venture. Thanks to the country's...

Opening a corporate bank account is an important step while establishing your business in South Korea. South Korea ensures multiple...

Setting up a business in a foreign country can be daunting, especially when dealing with complex regulations and licensing requirements. ...

A Business Registration Certificate in Korea, also known as a Certificate of Business Registration, is an official document issued by...

South Korea has emerged as a vibrant hub for business and investment in recent years, attracting entrepreneurs and investors from around...

South Korea is a dynamic and promising market in East Asia. Are you considering expanding your business horizons to South Korea? Opening...

So you want to run your own travel agency? No ifs and buts! The travel industry is vast and lucrative—expanding consistently, and the...

If you’re considering starting a business in South Korea , one of the first questions you might ask is whether it’s simple to establish a...

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

Korea's financial regulator said Tuesday it plans to abolish the existing mandatory registration policy for foreigners investing in local...