Doing business with South Korea and Abu Dhabi

May 14, 2015 - PRLog -- With the recent energy deal talks between South Korea and Abu Dhabi, both jurisdictions continue to deepen their business relationship in mutually beneficial sectors. Direct investments between the two are rising gradually and many businesses aim to expand in the next 5 years.

With our guide below, entrepreneurs from both countries will have a better understanding of the market and minimal Government requirements.

We believe South Korea is one of the great countries to do business in Asia, due to low minimum requirements, including:

· A minimum of 1 director of any nationality;

· A minimum of 1 shareholder of any nationality;

· Moderate 3 weeks for incorporation.

There are many business exemptions, including:

· No resident director is required;

· No local service agent required;

· No need to travel for incorporation;

· No need to travel for bank account setup

Requirements for business setup in Abu Dhabi

LLCs are generally the most common business entities in the capital of the UAE. Korean and foreign nationals in general should consider the following requirements before setting up their business in Abi Dhabi, including:

·       A minimum of two directors of any nationality

·       A minimum of one shareholder with UAE national as 51%;

·       Quick incorporation timelines;

Favourably, there are other business entities to suit the growing needs of Korean entrepreneurs, including:

·       Great free zone company setup options, allowing 100% ownership;

·       Professional services company, without the need of a local partner;

·       Great representative and branch office solutions;

·       Convenient network of double-tax treaties.

To learn in detail the business setup requirements in South Korea, visit this page:

http://www.healyconsultants.com/south-korea-company-registration/

To know more about the business setup in Abu Dhabi, visit this page:

http://www.healyconsultants.com/abu-dhabi-company-registration/

About Healy Consultants

Healy Consultants provide a full range of professional services, which include the following:

• Offshore financial services

• Accounting and taxation

• Corporate finance

• Business start-up services

• Corporate banking

• Global marketing services

• Company formation

• International trading strategies

Healy Consultants are professionals who offer quality services, which perfectly match the needs of our highly sophisticated clients. We are also proud of the fact that our services are affordable and accessible by our most modest customers.

Our clients have access to an excellent range of quality products and services. We come with rich experience and a global presence, resulting in unique market awareness beneficial to your firm in more ways than one.

For further information:

Mr. Aidan Healy, Business Owner, Healy Consultants