Welcome Osung Accounting Corporation in Becoming a 3E Accounting Pte Ltd Global Accounting Alliance Member in South Korea
Osung Accounting Corporation specializes in serving foreign clients since 2008 in Korea. The services they offer include entity establishment, payroll administration, bookkeeping, commercial law report, tax declaration, recovery procedures, and clearing.
South Korea is home to 50 million people and bounded by the Yellow Sea, the Korean Strait, and the Sea of Japan. South Korea also had the highest income among all of the Asian countries in 2016. It is also the 12th most developed country in the world. its close proximity to China, Japan, and huge population are reasons why South Korea has a vibrant and resilient economy.
They have a high-tech economy, which is why South Korea is a leader in manufacturing electronics. Samsung originated in South Korea, and it is the largest electronics company in the world. In fact, most of the country’s GDP comes from Samsung. Furthermore, South Korea is a leader in electronics, steel, automotive, and shipbuilding.
South Korea – A Sustainable Country
When it comes to a country’s growth development and sustained growth, South Korea is highly popular because its economy gives 2% of the world’s GDP. The increasing percentage of national income going to research and development, and hi-technology product exports. South Korea has beaten Taiwan in the sector of producing high value-added products. A lot of global conglomerates like Hyundai, Samsung, LG, and Kia help boost the economy of South Korea.
The country also has a highly-skilled workforce, and the majority of South Koreans hold postgraduate degrees and 7% of the GDP is allocated to education. They have a broadband penetration of 100 megabytes, which cannot be beaten by any country. In addition, they have a high level of disposable household income.
In 2016, South Korea was number 4 out of 189 countries based on the World Bank’s Ease of Doing Business rankings. The country’s rapid growth has attracted a lot of foreign investors to do business in South Korea.
As a new partner of Alliance Member, the investors in South Korea will gain more business investors in the future.
About The Company
3E Accounting Pte Ltd is a leading company headquartered in Singapore. The company is focused to creating a strong network of independent accounting and consulting firms across the globe, facilitating clients who wish to venture into new markets and territories smoothly.