Pearson Korea Blog

Practically anyone, whether an individual or a foreign entity, can initiate a business venture or incorporate a company in South Korea. The type of business entity established is determined by the nature of operations and adherence to relevant legal frameworks and regulations. Our certified Korean legal professionals oversee the process of initiating, registering, and incorporating businesses in Korea to ensure the highest quality of service.

Foreign investors exploring South Korea's dynamic market have various establishment options, including foreign-invested companies and branches/liaison offices. This article outlines these choices and highlights the differences between Limited Liability Companies (LLCs) and Joint-Stock Companies (JSCs), as well as between branches and liaison offices. Understanding these distinctions will help investors make informed decisions aligned with their business goals.

With global awareness of environmental and social issues on the rise and an increasing emphasis on ethical corporate governance, the ESG (Environmental, Social, and Governance) framework has gained significant international traction. South Korea, renowned for its remarkable economic progress, is at the forefront of this transition towards a more sustainable and ethical business model. As the global business landscape shifts from profit-driven approaches to sustainable practices, South Korea is emerging as a pivotal player in the ESG movement.

The year 2024 marked a pivotal point in the evolution of South Korea's e-commerce sector. This dynamic and rapidly growing market showcased a unique blend of innovative strategies and technological advancements, setting new standards in the global digital retail arena. This article delves into the key trends and developments that have significantly influenced South Korea's e-commerce landscape over the past year.

Starting a business in Korea offers numerous opportunities for growth and success. However, the initial step involves understanding the complexities of company registration in Korea—a fundamental process that ensures legal protection, establishes credibility, and provides access to resources. This detailed guide explores the essential aspects of Korea company registration, offering key insights and a step-by-step approach for entrepreneurs.

South Korea is a prime destination for foreigners interested in setting up a company. As one of Asia's most advanced economies and a key member of the Four Asian Tigers, South Korea offers a strategic location between China and Japan. This favorable positioning, combined with its efficient company registration process, makes it an attractive choice for business establishment. This guide outlines the steps and requirements for successful company formation in South Korea, whether you're a new entrepreneur or an experienced business owner.

Starting a business in Korea offers numerous growth opportunities, but success begins with understanding the complexities of Korea company registration. This crucial process provides legal protection, credibility, and access to resources. In this comprehensive guide, we explore the essentials of Korea company registration, offering key insights and a detailed roadmap for entrepreneurs.

For foreign entrepreneurs looking to establish a business in Korea, several pathways are available, each governed by distinct regulations. The primary methods include setting up a local corporation or a private business, both regulated under the Foreign Investment Promotion Act. Alternatively, entrepreneurs can open a branch or liaison office, governed by the Foreign Exchange Transactions Act. While local corporations, private businesses, and branches can engage in profit-generating activities, liaison offices are restricted to non-commercial functions within the Korean market. This variety of business entities caters to the diverse needs and goals of foreign investors entering the Korean business landscape.

Starting a restaurant in South Korea represents the beginning of an exciting culinary journey in a country renowned for its rich and diverse food culture. South Korea offers a vibrant dining scene with a growing interest in both traditional Korean cuisine and international flavors. In this guide, we will explore the essential steps and valuable insights needed for the successful establishment of a restaurant in this dynamic culinary environment. From understanding local food preferences to managing necessary permits, our goal is to provide you with the crucial information required to ensure the success of your restaurant venture in South Korea.

Starting a company in Korea as a foreign national requires obtaining a D-8 visa, a crucial step in navigating the complex regulations governing foreign business representation in Korea. This guide provides prospective entrepreneurs and professionals with the necessary knowledge about eligibility requirements and the detailed application process for the D-8 visa. Understanding these requirements is essential for a smooth entry into the Korean market, emphasizing the importance of considering employment restrictions, the duration of stay, and financial documentation.