Yonhap News AgencyOctober 17, 2013 21:02
SEJONG, Oct. 18 (Yonhap) -- The number of South Korean companies' overseas corporations and sales offices rose to over 20,000 in 2011, a report showed Friday.
According to the report compiled by Rep. Park Won-suk of the minor opposition Progressive Justice Party, there were a combined 20,217 corporations and offices abroad run by South Korean businesses in 2011.
Of them, 15,690 were corporations while the rest were their offices totaling 4,527.
The report is based on the lawmaker's analysis of corporate tax data provided by the National Tax Service.