Business in DPR Korea:
The DPR of Korea (North Korea) will become in the next years the most important hub for trading in North-East Asia.
Lowest labour cost in Asia.
Highly qualified, loyal and motivated personnel. Education, housing and health service is provided free to all citizens. As opposed to other Asian countries, worker's will not abandon their positions for higher salaries once they are trained.
Lowest taxes scheme in Asia. Especially for high-tech factories. Typical tax exemption for the first two years.
No middle agents. All business made directly with the government, state-owned companies. No middle agents.
Stable. A government with solid security and very stable political system, without corruption.
Full diplomatic relations with most EU members and rest of countries.
New market. Many areas of business and exclusive distribution of products (sole-distribution).
Transparant legal work. Legal procedures, intellectual rights, patents and warranties for investors settled.
We now export cars, motorbikes and a range of other products - please check out our export section.
KFA in collaboration with the DPRK Chamber of Commerce (Ministry of Commerce) organizes exclusive business trips every year. You can check details in the following page:
http://www.korea-dpr.com/travel
Further queries to: korea@korea-dpr.com
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