Pearson Korea Blog

Posts by:

TaeHyoeng Kim

With a major in Business Management from the University of Sheffield, I bring a strong academic foundation to my role at Pearson & Partners. At Pearson & Partners, I have been actively involved in the dynamic world of business expansion, incorporation, and tax accounting strategies.

South Korea's Investment Landscape: Foreign Direct Investment

In the realm of global economics, Foreign Direct Investment (FDI) serves as a critical gauge of a nation's economic well-being and appeal. South Korea achieved a significant milestone in 2023 by recording its highest-ever FDI influx, totaling $32.7 billion. This notable accomplishment not only reflects the nation's expanding economic strength but also signals a notable shift in global investment patterns. This article explores the complexities behind South Korea's FDI surge, analyzing the driving forces behind this trend, its sector-specific implications, and the broader ramifications for the country's economy.

Read More

How to open a Restaurant in South Korea

Considering the establishment of a restaurant in Korea signifies the beginning of an exciting culinary venture in a country renowned for its diverse food culture. South Korea offers a vibrant dining scene, with growing interest in both traditional Korean cuisine and global flavors. In this guide, we will explore the essential steps and key insights to assist you in successfully launching a restaurant in this dynamic culinary landscape. From understanding local preferences to navigating regulatory requirements, our aim is to provide you with essential information to ensure the success of your restaurant venture in Korea.

Read More

2024 South Korea Branch Establishment and Procedures

In the era of globalization reshaping business dynamics, companies increasingly pursue cross-border expansion opportunities. South Korea, with its dynamic economy, emerges as a prime destination for foreign firms eyeing an Asian foothold. This article serves as a comprehensive manual, detailing the step-by-step process of establishing a branch in Korea, encompassing vital elements such as application procedures, branch types, notification protocols, and closure procedures.

Read More

2024 싱가폴 법인설립 안내

싱가폴은 아시아에서 가장 활기찬 비즈니스 중심지 중 하나로, 새로운 사업을 시작하기에 이상적인 장소입니다. 싱가폴 법인 설립은 비교적 간단한 절차와 낮은 규제, 그리고 빠른 처리 시간으로 잘 알려져 있습니다. 그러나 간단한 과정이라도 기본적인 법률 준수 사항과 설립 요건을 이해하는 것이 필요합니다.

Read More

Korea FDI: Unlocking Opportunities for Global Investors

In South Korea, Foreign Direct Investment (FDI) refers to investments made by individuals or entities from outside the country, amounting to at least KRW 100 million and constituting 10% or more of the total investment. South Korea has enacted measures to promote foreign business engagement, supported by a robust regulatory framework and specific exemptions. Such investments typically involve continuous ownership and influence by the foreign investor in the Korean enterprise.

Read More

Insights into South Korea's FDI Surge: A Q1 Analysis

In the backdrop of dynamic global economic circumstances, South Korea's Foreign Direct Investment (FDI) arena witnessed a remarkable surge in the initial quarter of the year. This uptick, amounting to 25.1 percent compared to the corresponding period last year, was propelled by the steadfast performance of the manufacturing sector, culminating in an impressive total of US$7.05 billion in FDI commitments. Although actual investment inflows subsequently declined by 49 percent to $1.85 billion, the Ministry of Trade, Industry, and Energy emphasized that this spike in FDI commitments underscores the enduring confidence foreign investors maintain in South Korea. This analysis delves into the primary catalysts and patterns shaping South Korea's FDI landscape, offering insights into the nation's economic trajectory and its allure as an investment hub.

Read More

Korea FDI: Driving Economic Growth and Unlocking Opportunities

Foreign Direct Investment (FDI) refers to investment contributed by foreign individuals or companies, totaling at least KRW 100 million (approximately USD 85,000), and representing 10% or more of the total investment. FDI plays a vital role in driving economic growth, fostering innovation, and enhancing global business integration.

Read More

Understanding the Nuances of Establishing a Liaison Office in Korea

Contemplating a Liaison Office setup in Korea requires a nuanced understanding of its limitations and permissible activities. Affiliated with a foreign corporation, a liaison office operates within specific constraints, focusing on non-profit endeavors like market surveys and promotional initiatives. Compliance with regulations outlined in the Foreign Exchange Transactions Act is paramount.

Read More

Seoul: Your Next Business Expansion Destination

For foreign investors and entrepreneurs seeking new opportunities, Seoul, Korea, stands out as a prime destination for business expansion and investment. With its strategic location at the nexus of Northeast Asia, robust trade infrastructure, and dynamic business ecosystem, Seoul offers unparalleled advantages for those looking to tap into the region's vibrant markets. In this article, we will explore why expanding your business or investing in Seoul is a strategic move, backed by a wealth of geographical, economic, and cultural factors. From its status as a global trade hub to its reputation as a leader in technology and innovation, Seoul presents compelling opportunities for growth and success. Let's delve into the myriad reasons why Seoul should be at the top of your list for business expansion or investment endeavors.

Read More