North Korea

North Korea, officially known as the Democratic People’s Republic of Korea (DPRK), remains one of the world’s most secretive and isolated nations. With a strict totalitarian regime controlled by the Kim family dynasty, the country is often portrayed as a realm of strict state control over all aspects of life, including the economy. However, beneath … Read more

Conducting market research in North Korea presents a unique set of challenges and opportunities for businesses interested in expanding their operations to one of the most isolated and secretive countries in the world. North Korea, officially known as the Democratic People’s Republic of Korea (DPRK), has long been subject to strict government control, limited access … Read more

Corporate Income Tax in North Korea, officially known as the Democratic People’s Republic of Korea (DPRK), presents a distinctive and intricate landscape. Governed by a centrally planned economy with a socialist framework, the DPRK’s approach to taxation and business operations are heavily influenced by state policies and ideological principles. This article delves into the fundamental … Read more

North Korea, officially known as the Democratic People’s Republic of Korea (DPRK), is one of the most secretive and isolated nations in the world. The nation’s economic and legal systems are quite different from those found in most other countries. Understanding corporate law in North Korea requires navigating a complex web of state-controlled policies, limited … Read more

North Korea, officially known as the Democratic People’s Republic of Korea (DPRK), is a country renowned for its rigid authoritarian government and centrally planned economy. The economic landscape of North Korea is vastly dominated by state-owned enterprises (SOEs), which constitute the backbone of its economic structure. In this article, we provide an overview of North … Read more

Exporting to North Korea is a unique and highly challenging endeavor that requires thorough understanding and strict adherence to international laws and regulations. This article aims to provide a detailed guide for businesses interested in exploring the North Korean market, while considering the geopolitical, economic, and ethical implications. **North Korea: An Overview** North Korea, officially … Read more

The Democratic People’s Republic of Korea (DPRK), commonly known as North Korea, is a unique and enigmatic nation with a closed economy and strict government controls. While the country is often in the news for its political and military activities, it also has a structured system for intellectual property rights, including trademark registration. This article … Read more

North Korea, officially known as the Democratic People’s Republic of Korea (DPRK), is one of the world’s most secretive and isolated countries. Governed by the Kim dynasty since 1948, it remains largely closed off to international trade and relies heavily on state control over its economy. Despite the government’s efforts to maintain strict oversight, a … Read more

In the realm of global economics, taxes function as a crucial mechanism for governments to accrue revenue for development and public services. North Korea, officially known as the Democratic People’s Republic of Korea (DPRK), operates its taxation system within the constraints of its highly centralized and state-controlled economic structure. One of the noteworthy components of … Read more

North Korea, officially known as the Democratic People’s Republic of Korea (DPRK), is one of the most isolated and secretive countries in the world. As a result, its economic policies, particularly relating to international trade, are tightly controlled and heavily restricted. Import and export duties play a crucial role in North Korea’s trade regime, serving … Read more