South Korea Company Registration Service
Hotline: 86-755-82143422 Email: anitayao@citilinkia.com
South Korea is ideally located between China and Japan, two of the world's biggest economies. International trade between these economies is seamless and thus, it is a strategic location to incorporate a company. South Korea business setup has the following advantages:
1. A limited liability company can be incorporated within one week, with a minimum of one shareholder and one director of any nationality.
2. There are no restrictions on foreign currency accounts or the repatriation of capital earnings.
3. To attract foreign direct investment (FDI) on South Korea offshore company, the Korean government passed the Foreign Investment Promotion Act in 1998. The Act opened up 99.8% of Korea's industries to foreign investment and provided significant protection for investors' interests. Under the Act, foreign investors also receive incentives including tax breaks, cash grants and affordable land.
4. South Korea boasts a technologically advanced air, land and sea transport network, allowing quick delivery of goods and raw materials within the country.
5. South Korea boasts high skilled labor with a literacy rate of above 97% and a technologically advanced rate of 60%. Labor surveys show that 80% of adults aged 25-64 have a university degree.
6. Incheon International Airport is a leading logistics and transportation hub in Northeast Asia, equipped with state-of-the-art facilities. Entrepreneurs can expect to have their customs clearance time cut by 50%.
7. South Korea has the world's highest estimated national IQ, with leading rankings in mathematics, science, problem solving and reading, as declared by the OECD.
Contact us
For further queries, please do not hesitate to contact ATAHK at anytime, anywhere by simply calling China hotline at 86-755-82143422, 86-755-82143512, or emailing to anitayao@citilinkia.com