The Indian economy has continuously recorded high growth rates and has become an attractive destination for investments. Working closely with KPMG in India as ‘one team’, Samjong KPMG’s India practice can quickly establish multi-disciplinary teams that provide a seamless service, with one central point of contact.
Economic relations between India and Korea have been strengthening, as both countries continue to explore potential co-operation, trade and investment relations. After India opened up its economic and trade relations with Korea by signing the CEPA (The Comprehensive Economic Partnership Agreement), bilateral trade between India and Korea has grown rapidly over the last few years. The CEPA is expected to play a critical role in the expansion of the export market of Korea and boost the overall growth of the relationship between the two countries.
Business and investment transactions in the Korea/India corridor raise a number of complexities and challenges arising from unfamiliar tax and regulatory regimes and business customs, as well as language and cultural differences.