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Can Korean Startups Enter the North Korean Market
Back in 2018, North Korean dictator Kim Jong-un signed the Panmunjom Declaration with South Korean President Moon Jae-in in South Korea. The declaration was to have both countries cooperate on officially ending the Korean War. Therefore, beginning a new area of peace and improving inter-Korean…
Filing your Taxes in Korea for Foreigners – A Complete Guide
Whether you are starting a company in Korea, teaching English in Korea, or a freelancer, filing your taxes in Korea for foreigners can be complicated, especially if you can’t speak Korean. I have over 20 years of Korean tax accounting and management experience. In addition, I have worked closely…
The Hydrogen Industry in Korea – Next Clean Energy Revolution
The interest in hydrogen technology is growing, with demand increasing rapidly in South Korea. The hydrogen industry in Korea is relatively new, however, it is getting massive support. Major conglomerates in Korea are cooperating to develop a nationwide hydrogen ecosystem and work with the Korean…
Netflix in Korea – Expansion Plans in South Korea
Netflix in Korea revealed their releases of Korean content for 2022 early this year. They will release more than 25 Korean content making 2022 the most prolific year in terms of producing new Korean shows. So why is Netflix aggressively expanding its Korean content library? What many might have…
Why Korean Startups Should Not Apply for a Patent in Korea
Korean startups that have a product will usually get the advance to patent their product. I have been covering the Korean startup scene for over 7 years and I have met many inventors and startup entrepreneurs in Korea who have gone through applying for a patent in Korea. What I learned is that…
The Rechargeable Battery Industry in South Korea
Having a clean energy economy is something many of the top countries are looking into. One of the keys to having a clean energy economy is the production of high-tech batteries. These batteries power electric cars, store solar energy, and wind energy. Currently, China dominates lithium-ion battery…
