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 Key Services Practices Representative Cases Key Contacts Related Content

Overview

BKL’s Corporate Practice Group leverages its extensive experience and deep expertise to provide clients with optimized legal solutions that address issues specific to emerging/startup companies.

Advice Across the Growth Life Cycle

We offer proactive legal counsel at every stage of an emerging or startup company, from formation and operation to fundraising, overseas expansion, and IPO.

Compliance Advice for Innovative and Creative Business Models

Understanding the innovative nature of emerging and startup business models, we provide regulatory compliance assessments and offer advice on modifications or enhancements to ensure regulatory alignment. Where necessary, we actively engage with regulatory authorities to secure interpretations, or even enactments or amendments of regulations, delivering practical and forward-thinking solutions.

Customized Advice Considering Various Incentives for Emerging/Startup Companies

BKL’s Corporate Practice Group offers in-depth analysis of various laws and regulatory frameworks that apply specifically to emerging and startup companies, including the Act on Special Measures for the Promotion of Venture Businesses, the Act on Restriction on Special Cases concerning Taxation, and the special listing regime for technology growth companies. By thoroughly reviewing and analyzing these frameworks, we ensure that our clients receive the most effective and customized legal advice.

Proximity-Based Legal Support through Pangyo Office

In May 2018, BKL became the first major law firm to establish an office in Pangyo, the heart of Korea’s venture and startup ecosystem. This enables us to provide convenient, high-quality legal services to companies in Pangyo and nearby areas. Clients benefit from immediate access to our expertise and support, ensuring timely and effective legal assistance.

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