U.S. Attorney Woohyuk Ju from the International Legal Team at LIN (specializing in international trade and overseas expansion) delivered a lecture on “Global Market Entry Strategies” at Korea University’s entrepreneurship seminar held on April 1st.
Korea University regularly holds seminars for on-campus entrepreneurs who wish to expand into the U.S. market, and Mr. Ju provided specific and practical training on establishing a U.S. corporation, visa guidance, and drafting international contracts that will help companies in their global business.
Since its launch in 2021, the Biden administration has consistently pursued policies to foster manufacturing in the U.S., which has actually acted as an incentive for global companies to invest in the U.S. Bidenomics, including the enactment of the Inflation Reduction Act (IRA) and the CHIPS and Science Act, attracted countries around the world to the U.S., and USD 200 billion (KRW 258.6 trillion) of investment in the U.S. was made from the Asia-Pacific region, including Korea. Among them, Korean companies' investment in the U.S. accounts for more than a quarter, and it is expected to increase further in the future.
As more Korean companies are entering and investing in the U.S., Lin’s International Legal Team is providing differentiated services to provide support for leading Korean companies by giving advice on entering the U.S. market, making investment, and dealing with local management, while helping them resolve issues and problems related to their U.S. business from the client’s perspectives. If you need assistance with entering the U.S. market, please feel free to contact our International Legal Team at +82-2-3477-8695.