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…
There are several ways through which a foreigner can obtain citizenship in Korea. However, naturalization, also known as general naturalization, is the most common pathway. Having a Korean passport also comes with numerous advantages, among which visa-free access to various countries. If you have decided to move here, you can…
Foreign companies seeking to test the Korean market can set up liaison offices for this purpose. Also known as a representative office, this is a non-corporate form suitable for specific activities with limited character only. Below, our company formation officers in South Korea explain the procedure to create a liaison…
Opening a company in Korea implies apart from registration having the manpower to operate it. While hiring employees is not difficult, keeping track of their activities, paying their wages and registering annual leaves, as well as other actions associated with their work implies setting up the payroll. Below, our local…
