Doing Business
in Korea

While South Korea is highly welcoming to Foreign Direct Investment (FDI), the process of obtaining your official business license—the Business Registration Certificate (사업자등록증, Sa-eop-ja Deung-rok-jeung )—involves a clear, multi-step legal procedure. This guide breaks down the essential steps, required documents, and critical considerations for foreign nationals looking to establish their legal presence and begin commercial operations in Korea. 1. Laying the Foundation: Pre-R

South Korea has established its reputation as one of the top landscapes for business investments on a global scale. If you are looking to...

Foreign Direct Investment U.S. Corning to invest USD 1.5 bn to build production facility in Korea Corning Inc., the world’s top manufacturer of specialty glass for displays, will invest USD 1.5 billion to build a new production facility in Asan, South Chungcheong Province. The investment involves building the world’s first integrated supply chain for bendable glass for cell phones, according to Corning Chief Executive Officer Wendell Weeks. The investment will be made ove