The country features a sophisticated and affluent populace, world-leading infrastructure, and a plethora of options for companies involved in industries like electronic manufacturing and shipbuilding.
Reasons to do business in South Korea include:
- Business-friendly environment
- Education and skilled labor force
- A connected country
- Strong economy
South Korea has unique business and cultural traits that shape a company’s experience in the country. To avoid any unintentional faux pas and to make life easier, here is a list of important facts about doing business in the world’s 11th largest economy:
- Tax considerations
- Obtaining a work permit
- Employment considerations
- Business etiquette