Seoul Financial Hub,

Seoul's incubator to develop

global top-tier financial center

Seoul is poised to emerge as one of the top five global financial hubs by attracting more than 100 new foreign financial institutions to the South Korean capital by 2030 through active support for overseas banks, asset managers, venture capitalists, traders and others in setting up operations there.

The metropolitan government opened the Seoul Financial Hub (SFH) in 2021 to help foreign companies looking to start or resume businesses in the city to evaluate domestic market conditions, obtain necessary licenses, find top local talent and handle tax and accounting issues.

The SFH also offers low-cost office space to those financial firms while providing other relocation assistance.

.

.

.

☞ Click to read the article

THE KOREA ECONOMIC DAILY GLOBAL EDITION