Doing Business
in Korea

Summary In light of changes in internal and external conditions, Korea’s real GDP is projected to grow by 2.6 percent in 2022 and 2.1...

Article 165-20 of the Financial Investment Services and Capital Markets Act (“FSCMA”), which stipulates the provisions regarding the...

S. Korea unveils sweeping tax cut plan to spur corporate investment S. Korea plans to cut corporate and income taxes in a bid to...

All industries Despite the decrease in service industries, the production of all industries increased in June 2022, driven by mining &...

Q. Is the acquisition of stocks for the purpose of capital gains, not participation in management, regarded as foreign investment? A....

Korea to expand tax benefits for global M&As in chip, vaccines and battery sectors S. Korea is seeking to expand tax benefits to...