Forvis Mazars in Korea, Forvis Mazars in France, and Invest Seoul sign a strategic MOU

Forvis Mazars in Korea, Forvis Mazars in France, and Invest Seoul signed a Memorandum of Understanding (MOU) in Paris to strengthen cross-border investment and business cooperation between France and Korea, marking a new step in the development of economic ties between the two countries.

The signing took place in Forvis Mazars main office in France, during the week of Viva Technology (VivaTech), one of the world’s leading technology and innovation events, highlighting the growing importance of collaboration between France and Korea in high-value and innovation-driven sectors.

The agreement comes at a particularly significant time, as France and Korea celebrate this year the 140th anniversary of diplomatic relations, reflecting a long history of cooperation across culture, technology, and business.

At the heart of the MOU is the ambition to strengthen the connection between Paris and Seoul, two global cities that play a strategic role in their respective regions. Paris serves as a gateway to Europe, while Seoul acts as a gateway to Northeast Asia. Both cities are recognized for their strong economic ecosystems, their ability to attract international investment, and their combination of innovation capabilities with a strong cultural identity.

Supporting Companies between the two countries

Through this agreement, the three organizations will work together to support companies at all stages of their international expansion, including supporting global companies and startups seeking market entry and business expansion opportunities in Seoul, and developing and implementing collaborative programs to support existing foreign-invested companies.

Invest Seoul, as the official investment promotion agency of the Seoul Metropolitan Government, serves as a key entry point for international companies entering Korea and supports them throughout their growth journey.

Forvis Mazars, as a global audit and advisory firm, can combine local expertise in Korea and France with international coordination capabilities, notably through its Korean Desk in Paris and French Desk in Seoul, which facilitate cross-border communication and project execution.

A Strong Focus on Innovation and Technology

The signing of the MOU during VivaTech underlines the importance of innovation in the France–Korea relationship. Both countries are highly active in advanced technologies, and collaborations are already emerging in areas such as quantum computing and digital innovation. Forvis Mazars in France has developed a strong presence at VivaTech, supporting clients and partners through dedicated initiatives and engagement with the global innovation ecosystem.

This partnership reflects the connections between France and Korea and the growing business flows between our two countries. Through this MOU, we aim to make Paris and Seoul closer in business terms, facilitate concrete projects, and support companies in their international expansion.

Julien Herveau Country Lead Partner
Olivier Lenel

The signing of this MOU during VivaTech is particularly meaningful. It brings together two global cities—Paris and Seoul—and reinforces our ability to support clients across borders through a fully integrated international platform.

Olivier Lenel Managing Partner of Forvis Mazars in France

About Forvis Mazars

Forvis Mazars Group SC is an independent member of Forvis Mazars Global, a leading professional services network. Operating as an internationally integrated partnership in over 100 countries and territories, Forvis Mazars Group specialises in audit, tax and advisory services. The partnership draws on the expertise and cultural understanding of over 40,000professionals across the globe to assist clients of all sizes at every stage in their development.

About Invest Seoul

Invest Seoul is the investment promotion agency of the Seoul Metropolitan Government. It supports foreign companies entering Korea and promotes Seoul as a leading destination for international investment, providing assistance from initial market entry to long-term development.

 

Media contact

Tae-Hee Kong, MarCom, Forvis Mazars in Korea
tae-hee.kong@forvismazars.com / +82 (0)2 3438 2457

Want to know more?