Legal Review of the business model for establishing overseas subsidiaries of crypto-asset companies

 Cha & Kwon law offices reviewed structure of establishing overseas subsidiaries and shareholding percentage required to maintain control over subsidiaries.

Establishing an overseas corporation related to virtual asset and blockchain business requires law offices to select an optimal country based on business model analysis, and anaylze laws and regulatory system of each country. Cha & Kwon law offices which are highly specialized in providing legal advice on process of virtual asset business offer a comprehensive advice on the relationship between offshore entities.

If a company with subsidiaries attracts external investment and a shareholding percentage of the subsidiaries it holds changes, not only a careful review of the structure of such investment but also a number of cases in which shareholding percentage change is mandatory. Cha & Kwon law offices provided legal advice based on a holistic review of a company’s total number of outstanding shares, the issuance of class shares or convertible bonds, and stock purchase options.  

Cha & Kwon law offices has utilized its accumulated knowledge and experience in overseas law, the virtual asset industry in order to provide legal review. 
 

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