Legal regulation of internationalbusness of the Respublic of Korea

Among uneconomic factors, providing international economic strategy and business realization of state, one of the most important is legal factor. In the Republic of Korea was built legal basis promoting to development of international economic relations, attraction of foreign investors and simplifying international cooperation in economy. At once the laws protect national market and domestic producers by customs and tax regulation. These measures promoting to effectiveness of international business of the Republic of Korea. In the Republic of Korea was built congenial investment climate is supported by state and legal basis, oriented to attraction of foreign partners and capital. At the same time the state takes care of national economy protection, there are hard protectionist measures, especially in such branches as agriculture, service and automotive industry.

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