{"id":324876,"date":"2025-11-30T16:23:28","date_gmt":"2025-11-30T16:23:28","guid":{"rendered":"https:\/\/peraltafinancing.com\/business\/legal\/prohibited-korean-industries-for-foreign-individuals-and-companies-doing-business-and-investing-in-korea\/"},"modified":"2025-11-30T16:23:28","modified_gmt":"2025-11-30T16:23:28","slug":"prohibited-korean-industries-for-foreign-individuals-and-companies-doing-business-and-investing-in-korea","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=324876","title":{"rendered":"Prohibited Korean Industries For Foreign Individuals And Companies Doing Business And Investing In Korea"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>Under the Foreign Investment Promotion Act of Korea and its enforcement decree, investments by foreign enterprises and individuals are prohibited in the following industries. Please consult with an attorney in Korea if you intend to conduct business or invest in a company in one of these industries. Please note that the lists stated below are the major prohibited industries; thus, some industries are not listed, and industries change from time to time.<\/p>\n<div class=\"wp-block-cover\"><img decoding=\"async\" data-attachment-id=\"14661\" data-permalink=\"https:\/\/www.thekoreanlawblog.com\/2025\/11\/business-prohibited-for-foreigners-in-korea.html\/pexels-photo-4189458\" data-orig-file=\"https:\/\/i0.wp.com\/www.thekoreanlawblog.com\/wp-content\/uploads\/2025\/11\/pexels-photo-4189458.jpeg?fit=1880%2C1253&amp;ssl=1\" data-orig-size=\"1880,1253\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;Photo by Michael Nunzio on &lt;a href=\\&quot;https:\\\/\\\/www.pexels.com\\\/photo\\\/warning-sign-on-wire-fence-4189458\\\/\\&quot; rel=\\&quot;nofollow\\&quot;&gt;Pexels.com&lt;\\\/a&gt;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;warning sign on wire fence&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"pexels-photo-4189458\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Photo by Michael Nunzio on &lt;a href=&quot;https:\/\/www.pexels.com\/photo\/warning-sign-on-wire-fence-4189458\/&quot; rel=&quot;nofollow&quot;&gt;Pexels.com&lt;\/a&gt;&lt;\/p&gt;&#10;\" data-medium-file=\"https:\/\/i0.wp.com\/www.thekoreanlawblog.com\/wp-content\/uploads\/2025\/11\/pexels-photo-4189458.jpeg?fit=300%2C200&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/www.thekoreanlawblog.com\/wp-content\/uploads\/2025\/11\/pexels-photo-4189458.jpeg?fit=810%2C539&amp;ssl=1\" class=\"wp-block-cover__image-background wp-image-14661 lazyload\" alt=\"warning sign on wire fence\" src=\"https:\/\/www.thekoreanlawblog.com\/wp-content\/uploads\/2025\/11\/pexels-photo-4189458.jpeg\" data-object-fit=\"cover\" title=\"Prohibited Korean Industries for Foreign Individuals and Companies Doing Business and Investing in Korea 1 Korean Law Blog by IPG Legal Law Firm in South Korea\"\/><img loading=\"lazy\" data-recalc-dims=\"1\" decoding=\"async\" width=\"810\" height=\"540\" data-attachment-id=\"14661\" data-permalink=\"https:\/\/www.thekoreanlawblog.com\/2025\/11\/business-prohibited-for-foreigners-in-korea.html\/pexels-photo-4189458\" data-orig-file=\"https:\/\/i0.wp.com\/www.thekoreanlawblog.com\/wp-content\/uploads\/2025\/11\/pexels-photo-4189458.jpeg?fit=1880%2C1253&amp;ssl=1\" data-orig-size=\"1880,1253\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;Photo by Michael Nunzio on &lt;a href=\\&quot;https:\\\/\\\/www.pexels.com\\\/photo\\\/warning-sign-on-wire-fence-4189458\\\/\\&quot; rel=\\&quot;nofollow\\&quot;&gt;Pexels.com&lt;\\\/a&gt;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;warning sign on wire fence&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"pexels-photo-4189458\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Photo by Michael Nunzio on &lt;a href=&quot;https:\/\/www.pexels.com\/photo\/warning-sign-on-wire-fence-4189458\/&quot; rel=&quot;nofollow&quot;&gt;Pexels.com&lt;\/a&gt;&lt;\/p&gt;&#10;\" data-medium-file=\"https:\/\/i0.wp.com\/www.thekoreanlawblog.com\/wp-content\/uploads\/2025\/11\/pexels-photo-4189458.jpeg?fit=300%2C200&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/www.thekoreanlawblog.com\/wp-content\/uploads\/2025\/11\/pexels-photo-4189458.jpeg?fit=810%2C539&amp;ssl=1\" class=\"wp-block-cover__image-background wp-image-14661 lazyload\" alt=\"warning sign on wire fence\" src=\"https:\/\/i0.wp.com\/www.thekoreanlawblog.com\/wp-content\/uploads\/2025\/11\/pexels-photo-4189458.jpeg?resize=810%2C540&amp;ssl=1\" data-object-fit=\"cover\" title=\"Prohibited Korean Industries for Foreign Individuals and Companies Doing Business and Investing in Korea 2 Korean Law Blog by IPG Legal Law Firm in South Korea\" srcset=\"https:\/\/i0.wp.com\/www.thekoreanlawblog.com\/wp-content\/uploads\/2025\/11\/pexels-photo-4189458.jpeg?w=1880&amp;ssl=1 1880w, https:\/\/i0.wp.com\/www.thekoreanlawblog.com\/wp-content\/uploads\/2025\/11\/pexels-photo-4189458.jpeg?resize=300%2C200&amp;ssl=1 300w, https:\/\/i0.wp.com\/www.thekoreanlawblog.com\/wp-content\/uploads\/2025\/11\/pexels-photo-4189458.jpeg?resize=1024%2C682&amp;ssl=1 1024w, https:\/\/i0.wp.com\/www.thekoreanlawblog.com\/wp-content\/uploads\/2025\/11\/pexels-photo-4189458.jpeg?resize=768%2C512&amp;ssl=1 768w, https:\/\/i0.wp.com\/www.thekoreanlawblog.com\/wp-content\/uploads\/2025\/11\/pexels-photo-4189458.jpeg?resize=1536%2C1024&amp;ssl=1 1536w, https:\/\/i0.wp.com\/www.thekoreanlawblog.com\/wp-content\/uploads\/2025\/11\/pexels-photo-4189458.jpeg?resize=120%2C80&amp;ssl=1 120w, https:\/\/i0.wp.com\/www.thekoreanlawblog.com\/wp-content\/uploads\/2025\/11\/pexels-photo-4189458.jpeg?w=1620&amp;ssl=1 1620w\" sizes=\"auto, (max-width: 810px) 100vw, 810px\"\/><span aria-hidden=\"true\" class=\"wp-block-cover__background has-background-dim\"\/><\/p>\n<p><h2 class=\"wp-block-heading has-text-align-center has-large-font-size\">Prohibited Industries for Investment by <br \/>Foreigners in Korea<\/h2>\n<\/p>\n<\/div>\n<h3 class=\"wp-block-heading\"><strong>Foreign Ownership Prohibited by Foreigners in Korea<\/strong><\/h3>\n<ul class=\"wp-block-list\">\n<li>The Korean Postal Service<\/li>\n<li>The Korean Central Bank<\/li>\n<li>Korean Securities and Futures Exchanges<\/li>\n<li>Universities, Colleges, and Schools<\/li>\n<li>Private Mutual Aid Businesses<\/li>\n<li>Professional Bodies<\/li>\n<li>Religious Entities<\/li>\n<li>Certain Grain Cultivation Businesses<\/li>\n<\/ul>\n<h3 class=\"wp-block-heading\"><strong>No More than 49% Foreign Investment Permitted<\/strong><\/h3>\n<ul class=\"wp-block-list\">\n<li>Radio &amp; Television Broadcasting<\/li>\n<li>Fixed-line Telephone and other Wired Communications<\/li>\n<li>Wireless Communications<\/li>\n<li>Telecommunication Businesses.<\/li>\n<\/ul>\n<h3 class=\"wp-block-heading\"><strong>No more than 50% Foreign Investment Permitted<\/strong><\/h3>\n<ul class=\"wp-block-list\">\n<li>Cattle breeding<\/li>\n<li>Electric Power Generation<\/li>\n<li>Newspaper and Magazine Publishing<\/li>\n<li>Domestic Transportation<\/li>\n<li>Meat Wholesale<\/li>\n<\/ul>\n<p>For additional articles on Korean Trade Law, please see: <a href=\"https:\/\/www.thekoreanlawblog.com\/category\/korean-trade-law\">IPG Legal\u2019s Trade Law Archive. <\/a><\/p>\n<p><strong>by Sean Hayes<\/strong><\/p>\n<p id=\"viewer-84zra8273\"><strong>Sean Hayes is the first non-Korean attorney to have worked for the Korean court system (Constitutional Court of Korea) and one of the first non-Koreans to be a regular member of a Korean law faculty. Sean is ranked, for Korea, as one of only a few non-Korean lawyers as a\u00a0<a href=\"https:\/\/www.thekoreanlawblog.com\/2023\/11\/korean-lawyers.html\">Top Attorney by AsiaLaw<\/a>.<\/strong>\u00a0<strong>Sean is regularly quoted by leading international media outlets, including The Wall Street Journal, The New York Times, France 24, and Bloomberg.<\/strong><\/p>\n<p><strong><a href=\"https:\/\/www.thekoreanlawblog.com\/2019\/07\/english-speaking-korean-labor-lawyers.html\">IPG Legal is consistently ranked a Top Dispute Resolution Law Firm<\/a>\u00a0for our litigation, arbitration, and mediation services, and IPG Legal is consistently rated a top-tier law firm in Korean corporate law, litigation, arbitration, franchise law, distribution law, estate law, family law, inheritance law, employment &amp; labor law, and criminal defense.<\/strong><\/p>\n<p><strong>To schedule a call with\u00a0<a href=\"https:\/\/www.thekoreanlawblog.com\/about-author-sean-hayes-lawyer\">Sean Hayes<\/a>, please\u00a0<a href=\"https:\/\/app.acuityscheduling.com\/schedule.php?owner=19745741\" target=\"_blank\" rel=\"noreferrer noopener\">Schedule a Call Here.<\/a>\u00a0<\/strong><\/p>\n<div class=\"sharedaddy sd-block sd-like jetpack-likes-widget-wrapper jetpack-likes-widget-unloaded\" id=\"like-post-wrapper-134850207-14658-69290d1bae484\" data-src=\"https:\/\/widgets.wp.com\/likes\/?ver=15.2#blog_id=134850207&amp;post_id=14658&amp;origin=www.thekoreanlawblog.com&amp;obj_id=134850207-14658-69290d1bae484\" data-name=\"like-post-frame-134850207-14658-69290d1bae484\" data-title=\"Like or Reblog\">\n<h3 class=\"sd-title\">Like this:<\/h3>\n<p><span class=\"button\"><span>Like<\/span><\/span> <span class=\"loading\">Loading&#8230;<\/span><\/p>\n<p><span class=\"sd-text-color\"\/><a class=\"sd-link-color\"\/><\/div>\n<p><h3 class=\"jp-relatedposts-headline\"><em>Related Posts<\/em><\/h3>\n<\/p>\n<div class=\"wp-block-group has-border-color\" style=\"border-style:none;border-width:0px;margin-top:32px;margin-bottom:32px;padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\">\n<div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide\" style=\"margin-bottom:24px\"\/>\n<h3 class=\"wp-block-heading has-text-align-center\" style=\"margin-top:4px;margin-bottom:10px\">Discover more from The Korean Law Blog by IPG Legal Law Firm<\/h3>\n<p class=\"has-text-align-center\" style=\"margin-top:10px;margin-bottom:10px;font-size:15px\">Subscribe to get the latest posts sent to your email.<\/p>\n<\/div>\n<\/div>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>Under the Foreign Investment Promotion Act of Korea and its enforcement decree, investments by foreign enterprises and individuals are prohibited in the following industries. Please consult with an attorney in Korea if you intend to conduct business or invest in a company in one of these industries. Please note that the lists stated below are [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":324877,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[97],"tags":[907,11269,14701,13912,14111,10906,4660,6265,151893],"dealstore":[],"offerexpiration":[],"class_list":["post-324876","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legal","tag-business","tag-companies","tag-foreign","tag-individuals","tag-industries","tag-investing","tag-korea","tag-korean","tag-prohibited"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Prohibited Korean Industries For Foreign Individuals And Companies Doing Business And Investing In Korea - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=324876\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Prohibited Korean Industries For Foreign Individuals And Companies Doing Business And Investing In Korea - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"Under the Foreign Investment Promotion Act of Korea and its enforcement decree, investments by foreign enterprises and individuals are prohibited in the following industries. 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Please consult with an attorney in Korea if you intend to conduct business or invest in a company in one of these industries. 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