D’LIGHT Law Group consulted on whether a customer who has entered into a character license agreement with an affiliate of a large corporation could use the licensor's character and information about the licensor for the purpose of cloud funding. The...
Month: May 2021
When an angel investor or individual investment association makes an investment (acquisition of new stock) in a venture company under the Venture Company Act, transfer tax exemption may be granted if certain conditions are met according to the Special Taxation...
A number of fintech and proptech startups that operate solutions for buying and selling commercial real estate in small amounts are emerging. In relation to this business model, we advised on the tax paid by investors when the (quasi) share...
We advised startups that provide online lecture services and reviewed online lecture production and operation contracts. In the case of online lecture production and operation contracts, we provided legal advice to ensure that the copyrighted entity of the online lecture...
We advised startups seeking investment from investors on SAFE investment contracts (Conditional Equity Acquisition of Shares). In the case of Korea, there were many disagreements regarding the legality of the SAFE contract because there was no provision for the basis...
Ranked 12th in the 2020 international GDP ranking, South Korea--only half a century ago a welfare state on par economically with Indonesia and Kenya--has come to be seen as one of the world's most opportune and reliable trading partners. As...
Thanks to the Foreign Investment Promotion Act of 1998 (FIPA), there are many advantages to making a foreign direct investment (FDI) in South Korea. Indeed, various forms of tax support, cash grants, and industrial site support render South Korea a...
A former member of the National Assembly, who was co-defended by our law firm, received a judgment of acquittal and remand at the Supreme Court. In the above ruling, the Supreme Court held that the defendant's acceptance of bribes was...
We consulted from an investor's perspective on the issue that a Korean company invested in a convertible note in a foreign company. The review was conducted focusing on factors that investors should consider in the contract when investing in convertible...