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[Deals & Cases] Establish a company in Korea for a leading insure-tech group
Chaeum has successfully advised a Hong Kong-based leading device protection and insurance technology group for setting up its business in Korea. The company has been incorporated as a foreign direct investment (FDI) in… -
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Articles of Incorporation for a Korean company
In Korea, all companies must have its articles of incorporation and have them registered at the Court's corporate registry. While the articles of incorporation at the initial registration of a company which… -
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Corporate Registry in Korea
In Korea, all companies (whether it be a local company or a foreign direct invested company, and regardless of types of a company such as joint stock and limited liability) must be… -
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Joint Stock Company vs Limited Liability Company in Korea
Two most common types of a corporation are Joint Stock Company (“chusik hoesa” in Korean, which is similar to a public limited company) and Limited Liability Company (“yuhan hoesa” in Korean, which… -
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Company vs Branch Office by Foreign Investors in Korea
Thinking about Global Offices? When a foreign investor (i.e. foreign corporations) decides to expand its business into Korea, there are three ways available for such foreign investors, which are establishment of (i)… -
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Types of Entities for Foreign Direct Investment (‘FDI’) in Korea
Foreign Investment Promotion Act is the basic law for foreign investment in Korea, which is designed to facilitate foreign investment and provide various benefits for foreign investors. Generally, a foreign investor has… -
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Difference between Joint Stock Company and Limited Liability Company in Korea
Two most common types of a corporation are Joint Stock Company (“chusik hoesa” in Korean; JSC) and Limited Liability Company (“yuhan hoesa” in Korean; LLC). Set forth below is general information on…
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