Doing Business in the Republic of Korea offers the potential investor a valuable overview of Korea's economic climate, business opportunities, and the legal and tax environment.

Korea's low inflation and unemployment rates and skilled labor force are strong incentives for foreign investment. The country promotes foreign participation in the technology and service industries. Through ongoing negotiations with trading partners, Korea continues to expand the list of products eligible for import.

The book's twenty five chapters give basic information about the country itself, government policy, incentives to attract investment, regulation of business in general and foreign investment in particular, availability of financing, the caliber of the workforce, and the costs of labor. All aspects of Korean taxation are outlined in some detail, and a summary of accounting and audit requirements and practices is provided.

Appendices include, among other things, tax rates, an illustrative calculation of taxable income, and a list of countries with which Korea has concluded tax treaties and the applicable withholding tax rates. Useful checklists highlight important questions to be considered by potential investors and their accounting and legal advisers.