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Investment Environment of Seoul
Chapter 1. Your Choice for Success 13
1. Business Hub of Northeast Asia 14
2. Market with Great Potential and Profitability 16
3. Economy with Steady Growth 18
4. Global Leader in Information andCommunication Technology 21
5. R&D and Test Bed 23
6. Human Resources andProductivity 25
7. Trends in the Korean Economy 27
Chapter 2. Business Opporunities in Seoul 31
1. Center of Korea's Industries 32
2. Foreign Investment Trends 36
3. 6 New Growth Engine Industries 38
4. Projected Businesses 45
5. Advisory Council and Support Center 51
6. Seoul Business Agency 52
Doing Business in Seoul
Chapter 3. Foreign Direct Investment 59
1. FDI Related Law 60
2. Types of Foreign DirectInvestment 68
3. Establishing a Business in Seoul 70
4. Land Acquisition by Foreigners 80
Chapter 4. Incentives 91
1. Tax Incentives 92
2. Incentives for Lease of National/Local Government Properties 98
3. Customs Support 99
4. Cash Grant 101
Chapter 5. Tax System in Korea 103
1. Overview 104
2. National Taxes 105
3. Local Taxes 109
4. Customs Duties 113
5. Other Taxes 115
Chapter 6. The Korean Labor System 117
1. Labor Laws 118
2. Application of Labor Laws 119
3. Terms of Employment 120
4. Dismissal 122
5. Severance Pay 124
6. Industrial Accident Compensation Insurance 124
7. Employment Insurance 126
Living Environment of Seoul
Chapter 7. Seoul, Clean and Attractive Global City 129
1.City of Economic Vitality and Creativity 132
2.City of Culture 133
3.City of Welfare 134
4.City of Fresh Air 135
5.City of Active Civic Participation 136
Chapter 8. Visa and Immigration 139
1. Visa Issuance 140
2. Staying in Korea 147
Chapter 9. Living in Seoul 155
1. Accommodation & Housing 156
2. Transportation 158
3. Banking System 163
4. Media & Communication 164
5. Medical Services 166
6. Education 167
7. Amusement in Seoul 168
Appendix 171
1. Business Expenses 172
2. Frequently Asked Questions (FAQs) 184
3. Directory 194