Pearson Korea Blog

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.

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.

Are you eyeing South Korea for your next business venture? From navigating legalities to understanding cultural nuances, launching a business in South Korea requires strategic planning and a keen understanding of the local landscape. In this guide, we'll walk you through the essential steps to establish your business in South Korea and thrive in its dynamic market.

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.

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.

Are you looking to tap into the vibrant consumer market in South Korea? Understanding the dynamics of collaborating with Coupang can be pivotal. Whether you're considering domestic or international operations, leveraging the Coupang Global Marketplace can provide an attractive gateway to reach Korean consumers in the food, beverage, and fashion sectors.