Joowon Law · Insights
Clear notes for companies entering Korea and overseas Koreans managing matters here. Read the context, then decide the next move.
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Table of Contents Most foreign food and health functional food brands planning a Korean launch start the same way they would in any market: find a buyer. A…
Most foreign cosmetics brands planning a Korean launch start the same way: they look for a distributor. Someone with retail relationships, someone who already knows Olive Young buyers…
When a foreign headquarters decides to replace the person running its Korean branch or subsidiary, the instinct is usually to treat it as a personnel matter — announce…
A foreign company sets up a liaison office in Korea to research the market, keep in touch with local partners, and report back to headquarters. Over time, the…
At some point, a foreign headquarters decides the Korean operation is done — the market didn’t work out, the strategy changed, or the mandate was always time-limited. The…
A foreign headquarters decides to open a Korean subsidiary. The corporate registration is done, the bank account is open, and now someone has to decide how the first…
Every year, more overseas Koreans and foreign entrepreneurs try to set up a Korean corporation without ever holding a Korean residential address. Virtual office providers make this look…
One of the first issues a foreign parent company typically reviews when establishing a subsidiary in Korea is whether Korean law imposes a statutory minimum capital requirement. In…
One of the first major tax and legal decisions a foreign company must make when entering the Korean market is whether to establish a branch or a subsidiary.…
As global companies increasingly establish Korean subsidiaries and Korean startups attract greater levels of foreign investment, it has become increasingly common for foreign nationals to be appointed as…
