Investing in Japan
Latest UpdatesSeawoo Steel, Korean manufacturer and provider of muffler and other automotive components, establishes corporation in Tokyo
Aug 08, 2016
A Korean manufacturer and provider of mufflers and other automotive components, Seawoo Steel Co., Ltd., established a corporation, Seawoo Japan Co., Ltd., in Tokyo.
The company distributes steel and nonferrous products along with its manufacturing and distributing business of automotive mufflers. It had been exporting its goods to Japan via trading firms until its incorporation in the country which is expected to expand its business with Japanese customers.
The JETRO Invest Japan Business Support Center (IBSC) provided support for the company's establishment of a Japanese subsidiary, including lease of an IBSC office; consultation on registration, visas, tax affairs and labor affairs; provision of market information and referral to a bank.