Start, manage and boost your business from
Metro Area: 25,600,000
Density: 45,000/sq mi (17,000/km2)
South Korean won (KRW)
Inflation: 1.9 % (April 2017)
Central bank: Bank of Korea
Minimal: 6470 KRW per hour
Average: 11280 KRW per hour
Overtime: For every 1 hours of overtime, 150% of hourly ordinary wage should be paid. With some businesses specified by labor law (article 59 of the Labor Standards Act), overtime exceeding 12 hours per week is allowed as long as there is a written agreement between an employer and a representative of employees.
Estonia is the first country to offer e-Residency, a government-issued digital ID available to anyone in the world. E-Residency offers the freedom to easily start and run a global business in a trusted EU environment.