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South Korea × Government & Regulatory Affairs

Government & Regulatory Affairs in South Korea

Licences, approvals and dealing with regulators. In South Korea, that means local law, local regulators and local practice, handled by a qualified professional who practises there.

Who handles this work

On request

WONE Global can find the right Government & Regulatory Affairs professional in South Korea for you.

No WONE Global Partner holds this yet. Send us your requirement: WONE Global confirms whether a vetted Associate firm can act, tells you who it is and checks for conflicts before any work begins.

Bring a requirement →
South Korea at a glanceEast Asia

Seoul · Wednesday 4 November

05:54

Local time

Currency
KRW
Working week
Monday – Friday
Dialling code
+82
Region
East Asia
Doing business in South Korea →

What the rules say in South Korea

Government & Regulatory Affairs, the essentials

From the South Korea market guide: the points that matter most for government & regulatory affairs, each with the source it was checked against.

Essentials guide · Source-checked research100% of statements checked against a source10 checked against an official source35 checked against a secondary sourceChecked 2026-10-19Not yet professionally reviewed

  • To count as foreign direct investment under the Foreign Investment Promotion Act, an investment must generally be at least KRW 100 million and give the investor 10 percent or more of the voting shares.

    An alternative test based on equity plus the right to appoint officers also exists.Invest KOREA (KOTRA) · checked 2026-10-19
  • Foreign investment generally does not need prior government approval, but a limited list of sectors is wholly or partly restricted, including defence, broadcasting, air transport and financial services.

    Chambers and Partners (Dentons Lee) · checked 2026-10-19
  • Acquisitions of shares in defence-industry companies require prior approval from the Ministry of Trade, Industry and Energy (MOTIE).

    Defence industry.Chambers and Partners (Dentons Lee) · checked 2026-10-19
  • A virtual office address is not sufficient for business registration.

    Enterprise Singapore · checked 2026-10-19
  • The AI Basic Act took effect in January 2026, with the Ministry of Science and ICT setting a grace period of at least one year before administrative fines are actively imposed.

    Chambers and Partners (Dentons Lee) · checked 2026-10-19
  • Foreign investments that give effective managerial control of a Korean company may be reviewed on national security grounds.

    Chambers and Partners (Dentons Lee) · checked 2026-10-19

Read the full guide: Entry, investment and company formation · Licensing, incentives and sector rules

Scope

What the service covers here

  1. 01Identify licences, registrations and approvals
  2. 02Map the relevant regulators and filing sequence
  3. 03Prepare the regulatory work
  4. 04Support ongoing regulatory engagement and compliance

Key questions

What we will work through with you

  • What needs to be decided before government & regulatory affairs work starts?
  • Who is professionally responsible in each country?
  • Which other work, such as tax or employment, must happen at the same time?
  • What information and decisions are needed from the business?

If your work involves another country or another area of expertise, WONE Global brings in the right professional and keeps all advisers informed.

WONE Global Intelligence

Ask about government & regulatory affairs in South Korea

Ask in your own words. Answers come from WONE Global's checked records, with every source shown, and end with the named Partner who can act. Go deeper on any point, or build a decision file.

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Discuss Government & Regulatory Affairs in South Korea.