How hard is it to start a business in Korea?

Expert Info

Posted by

on 13 May 2014

Hi there

My husband is getting a job as a lecturer at a South Korean university, and I was thinking of starting a branch of my bakery there at some point. Is this feasible? How difficult is it to start a business in South Korea?

Any advice and insights would be appreciated.

Jenny D

Anonymous (not verified) on 16 May 2014 - 08:28

Hi Jenny

Most of the steps required to start a business in Korea can be done online, and within a week.

Aside from administrative issues and getting start up capital together, I think it would be a good idea to familiarise yourself with the business culture there. The good news, in short, is that it is possible.

Have a look at our Doing Business in South Korea page to get you started.

Best,

Xavier

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