Steps to Establishing a Korean Limited Liability Company
On April 3, 2024, the Ministry of Trade, Industry, and Energy, together with the KOTRA Foreign Investment Ombudsman, convened a meeting involving CEOs of foreign-invested companies and representatives from foreign chambers of commerce in Korea. The meeting aimed to discuss initiatives enhancing Korea's investment climate and promoting Foreign Direct Investment (FDI). Korea targets attracting $35 billion in foreign investment for 2024, with commitments to implement measures supporting increased investments from foreign firms.