Foreign Direct Investment (FDI) generally refers to an investment made by a foreigner (either an individual or a corporation) for the purpose of establishing a corporation in the Republic of Korea, and it is mainly based on the Foreign Investment Promotion Act (FIPA) by Ministry of Knowledge Economy. To establish a foreign-invested company, a foreign investor should satisfy 1) Minimum Foreign Investment Amount: 100 million won (KRW) which is about USD 100,000 and Foreign Investment Ratio: 10% or more of the voting stocks or total invested capital