Services
Invest KOREA provides comprehensive services across all stages of global companies' investment in Korea through collaboration with Foreign Investor Support Center (FISC) and the Office of Foreign Investment Ombudsman (Ombudman) located in KOTRA HQs together.
In addition to matters related to global companies' investment in Korea, Invest KOREA also aids in the overseas expansion of Korea companies and the reshoring of overseas Korean enterprises through cooperation with the Korea Investment Support Centers (20 locations) and Reshoring Support Centers (20 locations) in KOTRA's overseas offices worldwide.
| Stage | Task | Department | Details |
|---|
| Investment Promotion | Investment Target Matchmaking | Invest KOREA | Investment target region for greenfield investment and target companies for brownfield investment |
| Preliminary Information | Invest KOREA | Providing necessary inforamtion for a company's investment feasibility study |
| Incentive Consultation | Invest KOREA | Providing necessary information about FDI incentives and support Cash Grant negotiation with the Korean government |
| Consultation in Specialized Fields | FISC | Conducting consultaions regarding incentives, law, accounting, taxation, locations, etc. |
| Investment Faciliation | Registration of Foreign-Invested Company | FISC | Issuing Foreign-Invested Enterprise Registration Certificates |
| Reciept of Foreign Investment Report | FISC | Issuing Certificate of Completion of Report |
| Support for Administrative Procedure for Investment | FISC | Offering administrative services and consultations related to corporta registration, permits, and licenses for investment execution |
| Visa Issuance Support | FISC | Supporting for issuing visas such as foreign investor (D-8) and accompanying family (F-3) |
| Aftercare | Grievance Handling | Ombudsman | Resolving difficulties of foreign-invested companies through the designation of Home Doctors |
| Residency Support | FISC | Providing settlement support and fostering a stable living environment for employees of foreign-invested compaies and their accompanying families |
Structure
Invest KOREA consists of its headquarters at KOTRA and 36 overseas investment promotion offices in 20 countries worldwide. It implements policies related to foreign investment, established by the Ministry of Trade, Industry and Resources, in cooperation with Foreign Investor Support Center and the Office of Foreign Investment Ombudsman at KOTRA headquarters.
Invest KOREA
The headquarters consist of three departments (eight teams), and 36 overseas investment promotion offices carry out foreign investment promotion activities under strategies set by headquarters.
- Investment Planning Department: Investment Strategy Team, Investment Public Relations Team, Regional Investment Cooperation Team
- Investment Promotion Department: Advanced Industry Investment Promotion Team, Core Industry Investment Promotion Team, Service Industry Investment Promotion Team
- Overseas Investment & Reshoring Support Department: Outbound Investment & M&A Team, Reshoring Support Team
Foreign Investor Support Center
The center provides administrative support at all stage of foreign investment for foreign investors and foreign-invested companies, as well as settlement assistance for employees and their families in Korea. A team of 20 professional personnel, including government officials specializing visas, taxation, customs, environment, and location, offers a one-stop service for foreign investment administration.
The Office of Foreign Investment Ombudsman
Since its establishment in 1999, the Office has supported the resolution of difficulties for foreign-invested companies. The Foreign Investment Ombudsman, appointed by the President of the Republic of Korea, oversees the Office of the Foreign Investment Ombudsman, which is composed of experts in fields such as accounting, law, and labor.
This page is based on this
Wikipedia article Text is available under the
CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.
