Emerging Companies

"BKL is not a law firm that provides services to clients based solely on legal knowledge. BKL's lawyers think together and prepare countermeasures from the perspective of clients."

- IFLR1000

Overview

We have distinct insights gained from our extensive experience in advising emerging companies, which allows us to understand and anticipate the various needs of our emerging company clients and help them achieve growth and success.

Comprehensive legal solutions for all stages of growth

We have been a key strategic advisor to many emerging companies, and attorneys in our emerging companies practice have developed the ability to anticipate the needs of clients as they move through each stage of growth. We counsel entrepreneurs starting new businesses and offer our expertise on organization and incorporation, operation, funding, overseas expansion, initial public offering and other complex business and legal issues through the entire growth cycle of a business.

Forward thinking compliance advice aligned with innovative business models

Our attorneys have the business acumen and legal expertise to understand the business models and goals of each emerging company client and provide practical advice relating to regulatory and compliance risk. Where required, we advise clients on supplementing and modifying their business models to meet their objectives, but where necessary given the nature of their business, we actively engage in discussions with the regulatory authorities to seek authoritative interpretations or amendment of laws and regulations that would enable clients to proceed with their desired business models.

Expert knowledge in various incentives for start-ups and emerging companies

We are committed to helping clients achieve long-term success and thoroughly seek to ensure that they get the full benefit of any special incentive programs available for start-ups and emerging companies, including those under the Act on Special Measures for the Promotion of Startup Businesses, the Special Tax Treatment Control Act and the special rules for listing of fast-growing technology companies.

Efficient service within reach

In 2018, BKL opened a branch office in Pangyo, the hub of emerging companies in Korea. With proximity to many emerging companies, we are able to serve our clients with efficiency, focus and cost-effectiveness.

Key Services

Company formation and other corporate law matters
Advise on incorporation and obtaining licenses and permits
Advise on entrepreneurship
Advise on in-kind contributions, including contribution of intellectual property
Draft shareholders agreement for co-founders
Advise on incentive plans for attracting talents
Business structuring
Identify regulatory risks and advise on compliance measures
Provide legislative consulting services aimed at securing favorable authoritative interpretations or amendment of laws and regulations
Financing
Protection of intellectual property rights and trade secrets
Labor and employment matters
Advise on HR issues, including employee retention or departures
Advise on corporate restructuring and other organizational shifts
Advise on stock option agreements
IT and data privacy
Advise on regulations on electronic payment, e-commerce and digital platforms
Advise on collection, management and use of personal data or leakage thereof
Initial public offerings (IPO)
Analyze offering structure
Advise on listing requirements, including those related to special rules for listing of fast-growing technology companies
Overseas expansion
Tax
Advise on special benefits and incentives available under tax laws applicable for emerging companies and their shareholders and employees, including the Special Tax Treatment Control Act

Representative Cases

Represented Delivery Hero in its acquisition of Woowa Brothers Corp.
Represented MUSINSA in a financing from Sequoia Capital
Represented KRAFTON (formerly Bluehole) in a financing from Tencent