Our regional representative, Ryan Russell, an international lawyer, recently posted a compiled set of North Korean (DPRK) investment laws. This was published before North Korea's Special Economic Zone (SEZ) policy was announced, and it is likely that incremental changes will be made to existing investment laws to reconcile it with the latest zone guidelines. Contents at Ryan's blog include:
PART I – FOREIGN INVESTMENT
01 – Law of Foreign Investment
02 – Law on Equity Joint Venture
03 – Law on Contractual Joint Venture
04 – Law on Wholly Foreign-Owned Enterprises
05 – Law on Foreign-Invested Banks
06 – Law on Registration of Foreign-Invested Businesses
07 – Accounting Law for Foreign-Invested Businesses
08 – Law on Financial Management of Foreign-Invested Enterprises
09 – Labour Law for Foreign-Invested Enterprises
10- Taxation Law for Foreign-Invested Businesses and Foreign Individuals
11 – Bankruptcy Law for Foreign-Invested Enterprises
12 – Law on the Rason Economic and Trade Zone
13 – Law on the Hwanggumphyong and Wihwado Economic Zone
14 – Regulations on Establishing and Operating Foreign-Invested Law Offices
15 – Regulations on the Naming of Foreign-Invested Enterprises
16 – Audit Regulations for Foreign-Invested Businesses
PART II – EXTERNAL ECONOMIC MATTERS
17 – Law on External Economic Contracts
18 – Law on External Economic Arbitration
19 – Law on External Civil Relations
21 – Law on Compensation for Damage
23 – Inheritance Law [Succession Law]
26 – Law on Health Quarantine on the Border
27 – Law on Quarantine Inspection of Animals and Plants on the Border
28 – Law on Foreign Exchange Control
30 – Law on the Prevention of Money Laundering
35 – Law on the Chanmber of Commerce
36 – Law on the Origin of Exports
37 – Law on the Inspection of Export and Import Commodities
41 – Law on Industrial Designs
42 – Law on the Name of Origin
43 – Law on the Protection of Computer Software
44 – Law on the Protection of the Environment
45 – Law on Environmental Impact Assessment
46 – Law on the Prevention of Seawater Pollution
PART III - MT. KUMGANG SPECIAL ZONE FOR INTERNATIONAL TOURISM
47 – Law on the Mt. Kumgang Special Zone for International Tourism
48 – Tourism Regulations in the Mt. Kumgang Special Zone for International Tourism
50 – Customs Regulations in the Mt. Kumgang Special Zone for International Tourism
52 – Taxation Regulations in the Mt. Kumgang Special Zone for International Tourism
53 – Insurance Regulations in the Mt. Kumgang Special Zone for International Tourism
Our volunteer Peter, an international lawyer with experience in China, has previously analyzed on DPRK investment laws.