Invest KOREA Supports Your Success in Korea

Invest KOREA provides a one-stop investment support service for foreign investors. We work with investors who are seeking to invest in Korea and provide all the support needed throughout the investment process.

Introduction of Invest KOREA

Invest KOREA (IK) is the national investment promotion agency whose aim is to support the establishment of foreign businesses in Korea. The agency was established as part of the Korea Trade-Investment Promotion Agency (KOTRA).

IK promotes Korea’s investment environment abroad and provides comprehensive services to foreign companies ranging from consultants, notification of investments, establishment of corporations, support for business activities to complaint handling in Korea.

Other than IK, the Investment Consulting Center and Foreign Investment Ombudsman are also operating within KOTRA to support foreign investors. The Investment Consulting Center is in charge of providing administrative support to investors and the Foreign Investment Ombudsman is in charge of resolving investors’ grievances.

Through cooperation with the Investment Consulting Center, the Foreign Investment Ombudsman and local governments, Invest KOREA provides support and services for those invested in Korea.

Overseas network of Invest KOREA

IK has 36 overseas offices and 64 investment promotion specialists around the world to support foreign investors and attract foreign investment to Korea. Overseas offices work as points of contract with potential investors by providing a wide range of information related to investment in Korea and carrying out a variety of investment promotion activities, such as investor relations sessions.

Success Stories of Foreign Investment

Over the years, Invest KOREA has successfully assisted numerous global companies in setting up operations in Korea. For example, leading firms in the automotive, renewable energy, and IT sectors have expanded into Korea with IK’s guidance, gaining access to Korea’s skilled workforce, advanced infrastructure, and strategic location in Asia. These case studies highlight how tailored support—from legal consultation to site selection—has helped foreign businesses thrive in the Korean market.

Future Outlook for Investors

Looking ahead, Korea is positioning itself as a global hub for innovation, green growth, and digital transformation. With strong government initiatives in AI, smart manufacturing, biotech, and renewable energy, foreign investors have significant opportunities to participate in next-generation industries. Invest KOREA aims to strengthen its services by focusing on these high-growth areas, ensuring that international businesses can benefit from Korea’s dynamic economic environment.

Key Incentives for Foreign Investors

To attract and support foreign investment, Korea offers a range of incentives and benefits. These include:

• Tax incentives such as exemptions or reductions on corporate and income taxes for eligible investments.

• Cash grants for large-scale investments or high-tech industries.

• Support for R&D activities to foster innovation and collaboration.

• Industrial complexes and free economic zones offering advanced infrastructure and favorable conditions for global companies.

These incentives, combined with Korea’s stable economy and highly skilled workforce, make it one of the most attractive destinations for foreign investors in Asia.

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**This article is extracted from Invest KOREA information center, 2021.