Republic of Korea
UTC +9
Republic of Korea
Overview
South Korea is a country in East Asia, constituting the southern part of the Korean Peninsula. Its economy ranks as the world’s tenth largest by nominal GDP. South Korea has massive investment in education has taken the country from mass illiteracy to a major international technological powerhouse. South Korea was the fifth-largest exporter and seventh-largest importer in the world.
FX control
None
Language
Korean
Population
51 Million
Success Rate
Normal
Incorporate time
8-12 weeks
Capital Requirement
11,953 USD
Tax & Finance
GDP (USD)
1.6 trillion
Currency
Korean Republic Won
Corporate Tax
25%
Income Tax
19%
Mandatory Leaves
Maternity leaves
90
Days
Statutory holidays
14
Days
Annual leaves
15
Days
Sick leaves
0
Days
Total: 119 Days
Labour Condition
Maximum Working Hours
52-68 hours per weeks
Minimum Wage
8590/Hr
Thailand
UTC +0
Thailand
The Gateway to Asia
Overview
With direct access to the Indian and Pacific Ocean, Thailand is a unique link between India and China.
Thailand is the 2nd largest economy in Southeast Asia. Consistent growth, strong exports and a vibrant domestic market characterised the country. It has a skilled and cost-competitive workforce. Combined with a manufacturing sector capable of producing a diverse range of products. Almost all major manufacturing giants maintain a base in Thailand.
It is also worth noting Thailand's healthcare services boast an excellent global reputation. Internationally recognised doctors and nurses, modern facilities and equipment, it can provide health securities comparable to UK, US and Australia.
FX control
None
Language
English
Population
67 Million
Success Rate
Hight
Incorporate time
1 day
Capital Requirement
£12 - 100
Tax & Finance
GDP (USD)
2.9 trillion
Currency
Pound Sterling (GBP)
Corporate Tax
25%
Income Tax
20%
Mandatory Leaves
Maternity leaves
52
Days
Statutory holidays
7
Days
Annual leaves
28
Days
Sick leaves
87
Days
Total: 174 Days
Labour Condition
Maximum Working Hours
48 hours per weeks
Minimum Wage
4.15/Hr