Maintaining the ability to change distributors, or efficiently sell directly to multiple regional distributors is critical to a successful strategy in the dynamic Korean market. Applications for medical device registration must be submitted and the license controlled by a properly licensed local agent, the Korea License Holder.

Asia Actual is a full-service provider of medical device license-holder services in South Korea, specializing in working with regional distributors. Contracting with Asia Actual as a Virtual Sole Importer and independent license holder allows you to:

• Sell to multiple regional distributors (avoiding mark-up by a national importer)
• Increase transfer pricing (as distributors are not investing in registration costs)
• Improve leverage in distributor negotiations/responses
• Add or change distributors as required
• Keep intellectual property away from local commercial agents

Contact Asia Actual to see if our South Korea Independent License Holding service is right for your business.