Since the 1960's South Korea has achieved an incredible record of growth and global integration to become a high tech globalized economy. Consequently, South Korea ranks 14th in the world by nominal GDP and 12th by purchasing power parity.
The South Korean economy is heavily dependent on international trade and in 2010 South Korea was the sixth largest exporter and the tenth largest importer in the world. South Korea is the worlds fifth largest nuclear power producer and is an emerging exporter of nuclear reactors.
As a result international companies are increasingly looking at South Korea as a place to pitch their services. When providing services in South Korea they will either have to relocate their own staff or source international contractors. It is very difficult to start a company in South Korea as a foreign owned enterprise and as such if these companies wish to relocate their staff or source international contractors they will require a locally based Contractor Management Company to provide a full employed local solution for their employees. This will entail South Korean Permits and local South Korea payroll.
As an individual, working in South Korea can be a highly rewarding experience, an opportunity to experience living in the Asia, with a high standard of living and high earning rates.
Our services in South Korea include:
- Salary Packaging
- Self-Employed / Pty Ltd Companies
- Immigration Lawyers
- Expatriate Tax specialists
- Insurance (Private Health / Travel / Professional Indemnity)
- Bank Account Opening
You can reach all our resources for South Korea from this page.