Guide on buying a company in North Korea
North Korea, officially known as the Democratic People’s Republic of Korea (DPRK), is what drives many business readers around the world to seek answers because it is an economy that is closed and has few dealings with international markets. From time to time, it appears that there are questions about whether it is feasible to […]
Start commercial real estate business in North Korea – full guide
North Korea’s closed economy, centralized planning, and stringent government control over all property and economic activity make it very unusual to start a commercial real estate company there. In contrast to most other countries, North Korea has no private property rights, particularly with regard to real estate, and all land is held by the state. […]
Starting a business in North Korea
Although the concept of conducting business in North Korea may be novel to Western companies, there are already a variety of instances of international companies doing so. Additionally, recent indications that North Korea is opening up suggest that there are more prospects for investing in one of the world’s most isolated nations. Many international companies […]