Our business planning group provides comprehensive advice on all legal aspects of setting up a commercial enterprise or business presence in Korea. The attorneys and tax advisors of this group, drawing together the knowledge and resources of several disciplines, are specialists on the important issues that affect decisionmaking and implementation with regard to the corporate organization, and the operational scope and day-to-day practices, of operations in Korea.
We are proud to have assisted our clients in the planning and setting up hundreds of businesses in Korea, over the course of more than 20 years of practice. These ventures on which we have advised represent a large cross section of industry and commerce, including, for example, many manufacturing sectors, retail, high technology, e-commerce, financial services and real estate.
As a regular part of our work, we are able to provide comprehensive advice on the multifarious tax implications of proposed corporate structuring, as well as core contractual arrangements with affiliates and third parties. In addition to tax planning, our professionals often prepare and carry out the documentary and procedural requisites for set-up, including corporate governing documents, commercial registry and tax office filings, and mandatory or customary policies and work rules.
The team is frequently consulted, from the early stages of planning, on issues such as foreign investment procedures, regulatory permits, agency arrangements, technology transfer, employment law and environmental regulation. Each year we help guide many new clients across the terrain of regulation and prevailing practices in Korea.
With a vast store of experience in corporate transactions, we are also poised to help clients design and negotiate commercial contracts for a broad variety of objectives, ranging from joint ventures, franchises and other fundamental arrangements, to supply and sales contracts. The practice group draws on the cumulative expertise of BKL’s corporate department, among the largest in Korea and in the Asian region.