Doing Business in South Korea

South Korea is the hidden gem of Asia which has often been over looked. It gone from a country receiving humanitarian aid to one that provides it in the last 60 years. It has a wealthy population and is currently the 4th largest economy in Asia and the 14th globally with a predicted economic growth rate of 5% in 2010. With the imminent introduction of the EU/South Korea Free Trade Agreement and a passion for UK goods South Korea is a lucrative market with multiple opportunities.

The opportunities are many and varied, however, some companies will find the country unfamiliar and, at times, challenging but it is worth the effort. To help you understand the differences in culture we provide a wealth of information to help you achieve success in South Korea.

This includes:

• Guide to Doing Business in South Korea (see below)

• Business opportunities (see below)

• FCO Country Updates

• Overseas Security Information for Business (OSIB)

Guide to Doing Business in South Korea

This UKTI guide will provide the UK exporter with an outline of the essentials in the market. For a more comprehensive information contact a UKTI representative. The guide covers:

• An introduction to the market

• Preparing to Export to South Korea

• How to do business in South Korea

• Business Etiquette, Language and Culture

• What are the challenges?

• How to Invest in South Korea

• Useful Contacts

• Resources/Useful Links

Download the Doing Business in South Korea Guide (.pdf)

Business Opportunities

To find out the latest information on key sectors opportunities in South Korea download one of our sector fliers. These will provide you with an overview of the market, how the Free Trade Agreement with affect your sector, business opportunities and where to get further advice.

The main business opportunities are in the following sectors, click on the link to download the flyer:

Advanced Engineering flyer 2011.pdf

Construction flyer 2011.pdf

Consumer goods 2011.pdf

Cosmetics flyer 2011.pdf

Design flyer 2011.pdf

E-learning flyer 2011.pdf

Education flyer 2011.pdf

Environment flyer 2011.pdf

Fashion flyer 2011.pdf

Financial flyer 2011.pdf

Food and drink flyer 2011.pdf

Global sports flyer 2011.pdf

ICT flyer 2011.pdf

Legal flyer 2011.pdf

Life sciences flyer 2011.pdf

Water flyer 2011.pdf