Pearson Korea Blog

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.

Coupang, a giant in South Korea's online shopping landscape, has transformed the way Koreans shop since its establishment in 2010. With an extensive array of products and unmatched delivery services, Coupang has solidified its status as a top choice for consumers, catalyzing the surge of e-commerce in the country.

In the face of economic challenges, South Korea's digital sector emerges as a beacon of resilience and growth. Bolstered by proactive reforms and robust governmental support, the online business domain in South Korea stands as a testament to its adaptability and innovation. Entrepreneurs, both domestic and foreign, are drawn to the country's welcoming environment and promising opportunities. In this article, we explore key considerations for those looking to embark on the journey of establishing an online venture in South Korea.

싱가폴의 기업 촉진 정책과 정부의 지원은 세계적으로 널리 알려져 있습니다. 이러한 정책은 단순히 비즈니스 허브로서만이 아니라, 싱가폴을 아시아-태평양 지역에서 세계적인 기업 중심지로 만들고 있습니다.

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.

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.

If you're a foreign trader with exceptional skills seeking a smoother stay in Korea, the D9 Trade Visa could be your solution. This visa program is tailored to your needs, incorporating a unique scoring system that evaluates trade proficiency, domestic residency experiences, and other factors.

Korea's economic prowess is undeniable, ranking 10th globally with a staggering GDP of $1.66 trillion in 2021. Embracing foreign investment, Korea beckons entrepreneurs worldwide to its vibrant market. However, diving into Korean business waters is vastly different from Western norms, with intricate bureaucracy and unique legal landscapes. Yet, amidst these challenges lies a rewarding opportunity.

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.

If you're a foreigner intrigued by the prospect of setting up a business in South Korea, this article is crafted just for you. South Korea has emerged as a top destination for global entrepreneurs and businesspeople looking to tap into the dynamic Asian market. Particularly, Seoul shines as a bustling hub for startups focused on cutting-edge technologies. Moreover, South Korea's adept handling of its economy post-COVID has further fueled interest among foreign entrepreneurs.