The Civil Law is the main legal framework to provide for the creation of foundations in Korea. However, there are also other regulations to cover their activities. Also known as non-profit organizations (NPOs) or non-governmental organizations (NGOs), they can take two forms: incorporated and unincorporated. Below, our company formation agents…
The Trademark Act is the main source of law for the registration of trademarks in Korea. Moreover, the legislation enables local and foreign parties (natural persons and companies) to have their marks protected in this country. Below, our local specialists explain how to register a trademark in South Korea. We…
If you want to immigrate to Korea from the USA, you have several options in terms of short and long-term relocation. For stays of maximum 3 months, you do not need a visa, however, the reasons for entering the country are limited. If you are interested in spending more time…
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,…
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…
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…
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…
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…
