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5F, 526 Nonhyeon-ro,
Gangnam-gu, Seoul, Korea
Cha & Kwon Law Offices provided legal advisory services in connection with a transaction involving the transfer of a virtual asset exchange platform and related business assets (including licenses, operational agreements, and wallets) owned by an overseas entity to a…
Cha & Kwon Law Offices advised a client on a corporate flip from Korea to an overseas jurisdiction in connection with a strategic investment round. Our team designed and drafted investment agreements to ensure that the governance structure and investor…
The Financial Services Commission (“FSC”) announced that the Amendment of the Capital Market Act and its Presidential Decree (the “Amendment”) passed the National Assembly on October 19, 2021. Cases of financial fraud scandals such as those of Lime Asset Management…
○ Overview When an alien(foreigner) enters the Republic of Korea, he/she shall hold a valid passport and a visa issued by the Minister of Justice(Article 7 (Entry of Aliens) subarticle 1 of the IMMIGRATION ACT). According to the ENFORCEMENT DECREE…
The Amendment of the Commercial Act was approved by the National Assembly on December 9, 2020, promulgated on December 29, 2020, and enforced on the same day. Key aspects of the recent amendment include the implementation of multiple derivative suits…
Once the incorporation process is complete, in order to register your business, you either need to visit the Tax Office or register online at hometax.go.kr. Foreigners without an alien registration number will not be able to login at the HomeTax…
The Amendment of the Commercial Act was approved by the National Assembly on December 9, 2020, promulgated on December 29, 2020, and enforced on the same day. Key aspects of the recent amendment include the implementation of multiple derivative suits…
Amendment of Korea Commercial Act The Amendment of the Commercial Act was approved by the National Assembly on December 9, 2020, promulgated on December 29, 2020, and enforced on the same day. Key aspects of the recent amendment include the…
ARTICLES OF INCORPORATION [1] ARTICLES OF INCORPORATION [2] CERTIFICATE OF CAPITAL CONTRIBUTION [3] UNANIMOUS CONSENT OF MEMBERS [4] CONSENT TO ACT AS ~ [5] REGISTRATION OF CORPORATE SEAL IMPRESSION
AN OVERVIEW OF THE REQUIRED DOCUMENTS FOR INCORPORATION There are four ways in which a foreigner or a foreign entity can establish a corporate entity in Korea: 1) by establishing a Korean legal entity, 2) via direct investment, 3) by…
