Foreign Direct Investment

“They grasp the client’s needs quickly and provide accurate and thorough feedback within the timex-frame. Plus, their interdepartmental collaboration is hugely helpful.”

- Chambers & Partners Asia-Pacific

Overview Key Services Practices Representative Cases Key Contacts Related Content

Overview

BKL’s Corporate Practice Group draws on its in-depth knowledge of foreign investment laws and extensive practical experience to deliver timely and effective advice to foreign investors on both legal and operational issues.

Comprehensive Legal Services for Foreign Direct Investment

We offer comprehensive legal services on all aspects of foreign direct investment, including reviewing restrictions under foreign investment laws and designing appropriate transaction structures, assessing optimal investment schemes including applicable tax benefits, and assisting on the establishment of an entity or branch office in Korea and obtainment of required permits and approvals.

In addition, we provide end-to-end support throughout lifecycle of the foreign direct investment, including advising on investments through equity or asset acquisitions, joint ventures, and strategic alliances, as well as on the day-to-day operations and business of the relevant entity.

At the divestment stage, we offer wide-ranging advice on exit planning, disposal of investment assets, related tax issues, and foreign exchange regulations (including method for cross-border remittance of investment earnings).

Integrated One-Stop Solutions

With unparalleled expertise in foreign direct investment build on extensive advisory experience and continuous research, BKL’s Corporate Practice Group offers tailored and comprehensive legal solutions for diverse legal issues encountered by clients through seamless collaboration with specialist teams in tax, labor and employment, antitrust, and government regulation.

Key Services

Advice on relevant laws and regulations and investment structuring

Advise on the relevant laws and regulations in Korea, including the Commercial Code, the Financial Investment Services and Capital Markets Act, the Foreign Investment Promotion Act, the Foreign Exchange Transactions Act, tax laws and labor laws

Identify applicable tax incentives and benefits

Identify optimal structures of investment into Korea

Establishment and registration of subsidiaries, joint ventures, branches and liaison offices

Identify the most suitable form of business based on investors’ needs

Set up the domestic entity and complete registration

Completion of regulatory filings for government approvals

Prepare and submit merger filings to the Korea Fair Trade Commission and foreign investment reports to The Bank of Korea or foreign exchange banks, as applicable

Prepare and process applications and filings for licenses and permits

Identify applicable tax incentives and other administrative procedures and process required filings

Selection of transaction structures, drafting and negotiation of various agreements

Identify optimal transaction structures for joint venture, acquisition of shares or acquisition of assets

Draft and negotiate agreements and other ancillary documents

Assist with transaction closings and relevant government approvals

Assistance with business operations in Korea

Advise on the acquisition and lease of real estate and other assets in Korea

Draft and negotiate commercial agreements relating to outsourcing, licensing, manufacturing, distribution and franchising

Advise on disputes between joint venture partners

Advice on disposal of investment assets

Advise on transaction structures for disposal of assets

Draft and negotiate agreements and other ancillary documents

Advise on tax implications

Assist with remittance of proceeds

Practice Areas

Representative Cases

An e-sports joint venture company between Comcast, one of the largest media companies in the United States, and SK Telecom

ImmuneOncia, a joint venture company, between Yuhan Corporation and Sorrento Therapeutics

Represented Amazon.com in its establishment of a data center in Korea

Establishment of a joint venture in Korea

An e-sports joint venture company between Comcast, one of the largest media companies in the United States, and SK Telecom

A chemicals production joint venture company between Zschimmer & Schwarz and KhaiEL Korea

A Polyoxymethylene Resins (POM) joint venture company between Kolon Plastic and BASF

A joint venture company between Technoprobe and KodiS for production of semiconductor components

A joint venture company between LG U+ and FocusMedia for the transfer of an elevator digital signage business

ImmuneOncia, a joint venture company, between Yuhan Corporation and Sorrento Therapeutics

Investment in facilities

Represented Wacker Chemicals Korea on the designation of its factory in Ulsan, Korea as a foreign investment zone in connection with its factory expansion

Represented SK Global Chemical in its establishment of a nexlene production facility in Ulsan, Korea through a joint venture with SABIC, the largest petrochemical company in the Middle East

Represented Amazon.com in its establishment of a data center in Korea

Represented Veolia Korea in its establishment of a medical waste incineration facility in Hongcheon, Korea

Represented Veolia Korea in its development of an industrial waste disposal facility in Yeongcheon Gogyeong Industrial Complex in Korea

Represented UPM in its establishment of a labelstock distribution terminal in Korea

Represented Veolia Korea in its development of a waste landfill facility in Songsan Industrial Complex 2 in Korea

Represented HellermannTyton in its establishment of a factory in Incheon, Korea

Represented Scandinavian Fittings and Flanges AS in its purchase of a factory site in Busan, Korea

Represented Metso Valstone in its establishment of a factory in Chungju High-tech Industrial Complex in Korea

Represented Kuroda Electric in its development of an industrial complex in Gimhae Science Park in Korea

Key Contacts

Our Team

Foreign Direct Investment

Overview

Key Services

Practice Areas

Representative Cases

Key Contacts

Related Content

Practice Areas

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