IRC represents the Larive Group in South Korea. Together we support our clients with business intelligence, market entry and growth strategies, implementation, post-entry services, Public Private Partnerships, grants and finance. IRC does not only support companies that first enter Korea, but also companies trying to align performance of Korean operations with expectations of the parent.

The local team is headed by  Peter Underwood and his team.

South Korea is a developed country in East Asia with a population of over 51 million people. The country has a highly developed economy and is a leading exporter of technology products such as semiconductors and smartphones. South Korea has a diverse economy that spans various sectors, including manufacturing, services, and agriculture.

The South Korean economy is driven by the manufacturing and services sectors, which contribute significantly to the country’s GDP. Other key sectors include information technology, automotive, and steel. South Korea is a member of the OECD and has a highly skilled workforce, which is a key factor in its economic success.

Opportunities for international business in South Korea include investing in the country’s technology sector, which is a key driver of economic growth. South Korea has a strong focus on research and development, particularly in areas such as artificial intelligence, biotechnology, and renewable energy, which presents opportunities for foreign companies to invest in these sectors. Additionally, South Korea is strategically located for trade with China, Japan, and other countries in the Asia-Pacific region. South Korea’s government has implemented various economic reforms aimed at promoting foreign investment, including the establishment of free economic zones and tax incentives for foreign investors. The country’s focus on innovation and technological advancements presents significant opportunities for foreign companies looking to tap into the South Korean market.