Investment Law in Korea

South Korea is known as a testing bed for major electronic item. Inspite of the recent economic crisis, the economy of South Korea was surviving rapidly. In this chapter, I troduced some tips and knowhows on the investment in Korea..

There are 2 possible ways of investment in Korean territory. It might be same in many other countries also. Local Korean Corporation and privete business of foreigners would be regulated by the Foreign Investment Promotion Act but branch office would be treated as foreign corporation. Thus it would be directed by the Foreign Exchange Transactions Act.

	Type	Act	Note
1	Local Corporation	Foreign Investment Promotion Act	Recognized as a foreign investment
2	Private Business
3	Branch Office	Foreign Exchange Transactions Act	Categorized as a domestic branch of the foreign corporation