Korea provides an ideal environment for business success : world-class infrastructure, intellectual property rights protection, high quality of life, FDI-friendly government policies, one-stop investment services and more.
In the World Bank’s Doing Business 2018 report, Korea was ranked the 5th easiest place in the world to do business. Korea has been one of top 5 for five years in a row since 2014, continuously climbing up from the 23rd place in 2008.
Source : Doing Business Database
Korea’s power, water, and telecommunications infrastructures are among the best in the world. Electricity is reasonably priced and reliable, while industrial-use water is also readily available from regional sources in most cases. Mobile broadband service is available nationwide, as is same-day wired or wireless service provisioning.
Korea’s advances in the protection of intellectual property rights are the result of aggressive, concerted efforts by the Korean government over many years. The patent examination process has been streamlined, resulting in examination periods that are significantly shorter than those of other developed nations, such as the United States and Japan. This combination of robust IPR protection and speedy patent-related services is another reason Korea is a safe and secure investment environment for foreign investors.