Registration, Visa, and Banking When You Replace a Korea Country Head
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…
Joowon Law · Insights
Insights & updates
Clear notes for companies entering Korea and overseas Koreans managing matters here. Read the context, then decide the next move.
Practical guidance, in plain English
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Business Trips vs. Unauthorized Employment Activity for Foreign Headquarters Staff in Korea
A foreign headquarters sends an employee to Korea for what looks like a routine trip — sit in on meetings with the local subsidiary, check on how a…
Business Activity Conducted Through a Korean Liaison Office
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…
What Liquidating the Subsidiary or Closing the Branch Actually Involves
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…
Funding Your Korean Subsidiary: Equity Capital or a Shareholder Loan?
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…
Can You Incorporate a Company in Korea Without a Korean Address? A Guide to Using a Virtual Office as Your Registered Corporate Address
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…
Inheritance Estate Division Agreements Involving Heirs Residing Overseas
When an inheritance arises while one or more family members are living overseas, the heirs residing in Korea generally cannot validly complete the division of the estate by…
Forced Heirship Claims in Korea — What If an Heir Living Overseas Did Not Receive Their Statutory Reserved Share?
It is not uncommon for an heir living overseas to discover that they were effectively excluded from the division of a parent’s Korean estate, or that substantial real…
Gifting Korean Real Estate to a Child Residing Overseas
When legitimate inheritance or gifting takes place across borders, poor planning can result in excessive taxes, procedural errors, and unnecessary financial loss. Gifting Korean real estate to a…
A Practical Guide for Overseas Koreans Seeking Recovery After Property Crimes
When an overseas Korean becomes the victim of an investment scam, real estate fraud, embezzlement by relatives, or another property crime, two of the greatest obstacles are time…