Opening a financial enterprise implies registering a local business and applying for a financial license in Korea. In the case of foreign businesspersons, an investment business permit must also be obtained. If you want to obtain a financial license in South Korea, there are several steps and documents to prepare,…
Company registration also implies applying for a business license in Korea, especially for foreign investors. Most permits are issued for performing activities in various economic sectors. Below, our Korean company formation agents explain when and how to apply for a trade license in Korea. You can rely on our local…
Opening a recruitment company in South Korea falls under the provisions of the Employment Security Act. The law stipulates the conditions to be met by natural persons and companies seeking to offer headhunting services in this country. Below, our company formation agents in Korea explain in detail how to create…
If you want to open a crypto company in Korea, you need to comply with specific regulations, among which the ones governing anti-money laundering. They are important as they also apply retroactively to existing Virtual Asset Service Providers (VASP) in Korea that did not require registration with the Financial Services…
The Criminal Code in South Korea applies to both foreigners and citizens of this country. In addition, it also applies to Korean citizens who commit crimes outside their home state. When dealing with accusations under this law, it is recommended to use specialized help provided by our criminal lawyers in…
Divorce in Korea falls under Article 834 in the Civil Code, and it provides for separation by mutual agreement, as well as fault-based dissolution of a marriage. This is not the case for foreigners getting divorced in Korea who can benefit from other regulations. Below, our divorce lawyer in Korea…
Part V of the Civil Code provides for inheritance in Korea. According to it, the property of a deceased person is distributed among heirs based on a will. However, intestate succession is also available in South Korea in the lack of a testament. Below, our Korean inheritance lawyer explains some…
Company liquidation in Korea implies several stages, with dissolution or deletion from the Companies Register being the last one. Closing a company in South Korea is possible through two proceedings, depending on the reasons of termination. Below, our company formation agents in Korea explain how to wind up a business.…
If you want to buy a house or apartment in South Korea as a foreigner, you need to comply with specific legislation. The Foreigner’s Land Acquisition Act is one of the most relevant in this sense. Below, our lawyers in South Korea explain the procedures you need to go through…
Foreign companies are not required to have a local presence in South Korea in order to register for VAT; however, they must appoint a Korean fiscal representative. With respect to domestic business, these can also use the services of such an agent optionally. Below, our company formation agents in Korea…