KOTRA Publishes Digital Guide for Practical Investment in the United States

[Asia Economy Reporter Suyeon Woo] KOTRA announced on the 29th that it has published the 2021 U.S. Investment Practical Guide. This is to expand opportunities for Korean companies to enter the U.S. market amid large-scale U.S. economic stimulus measures and the strengthening of the Buy American policy.

KOTRA collaborated with the U.S. Embassy in Korea and the Association of State Officials in Korea (ASOK) to enhance the reliability of the report's content and provide practical information to companies entering the market.

This report analyzes the different investment conditions and incentives by U.S. state. It includes investment information on 22 U.S. states noteworthy for Korean companies, such as Texas, which has a low tax burden; Ohio, which actively implements incentive programs; and Georgia, which serves as a foothold for the North American entry of Korea's finished car industry.

KOTRA provides related links and QR codes to improve accessibility to reference materials and detailed information that are difficult to include in a single volume. Companies can easily receive updated information in the future by accessing the related links or scanning the QR codes.

Jang Sang-hyun, CEO of KOTRA Invest Korea, said, "Last year, the U.S. was Korea's largest investment destination, but due to differences in systems and environments by region, Korean companies faced difficulties during the investment process. We hope this booklet will be a useful resource for Korean companies considering investment in the U.S."

The 2021 U.S. Investment Practical Guide can be downloaded for free from the Overseas Market News website.

KOTRA U.S. Investment Practical Guide / Photo by KOTRA

This content was produced with the assistance of AI translation services.