Seoul Investment promotes the economy of the city. There are ample opportunities of investment in Seoul. Foreign Direct Investment (FDI) provides a major impetus to the economic growth of Seoul.
Seoul Investment has many avenues that help in strengthening the very base the city’s economy. There are various industrial and services sector where corporate houses and individuals can invest in Seoul. Foreign Direct Investment or FDI paves the path for economic sufficiency of Seoul.
Foreign Direct Investment
Foreign Direct Investment in Seoul is made by investors of foreign origin. The Foreign Investment Promotion Act provides law relating to investing in Korea by people from other countries. Foreign investment in Seoul, Korea primarily includes approval of a long term loan to a company of Korea and purchase of equity or shares of a Korean company. The Government of Korea treats the foreign investors at par with the local ones and provides all possible protection to them to enhance the value of such investments. Foreigners can invest in Seoul through
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many ways like establishing their own business. There are mainly 4 ways through which people of other nations can set up a business in Seoul. These are through establishing a branch office, sole proprietorship, representative or forming a company corporation in Seoul.
Types of FDI in Seoul
The Foreign Direct Investment can be made in Seoul through several ways. Some of the types of FDI in Seoul are:
- Long term loan
- Acquisition of issued and outstanding shares and merger or consolidation
- Acquisition of newly issued shares
As the capital of Republic of Korea, Seoul has a promising Foreign Investment Zone or FIZ. This zone contains certain highly revenue generating industrial sectors where foreign investors can put in their money. As per the recent economic data, the Seoul trade & industry is achieving new heights of success through opening up of newer avenues of investment opportunities.
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