Korean Law in English
Laws › Foreign Investment Promotion Act › CHAPTER I GENERAL PROVISIONS

Foreign Investment Promotion Act — Article 1 (Purpose)

외국인투자 촉진법 제1조

This English translation is based on the Korean text effective 2023-12-14. The Korean law has since been amended (current version effective 2026-01-02) — check the Korean original.

The purpose of this Act is to promote foreign investment in Korea by providing necessary support and benefit and to contribute to the sound development of the nation's economy.[This Article Wholly Amended on Jan. 30, 2009]

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