Thank you for your interest in Cha & Kwon. If you have any questions about our firm,
you can check our answers by clicking on the FAQs below.
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Can you assist with regulatory sandbox applications or licensing?
Yes, we help clients apply for regulatory sandbox programs (e.g. fintech, ICT) and advise on licensing procedures such as VASP registration and e-financial service approvals. We also communicate with Korean regulators throughout the process.
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Do you provide support for stock option plans?
Yes, we assist with designing stock option plans for employees, drafting board/shareholder resolutions, and preparing grant agreements. We also consider tax implications to ensure compliance and optimization.
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Do you review contracts with foreign investors?
Yes, we regularly review English or bilingual contracts, assess risk clauses, and support negotiation with foreign VCs and global companies. We are experienced in cross-border investment and financing structures.
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What legal support do startups need in the early stage?
Early-stage legal needs include co-founder agreements, equity structuring, IP registration, stock option plans, and fundraising frameworks. We help startups proactively identify legal risks and provide a roadmap of necessary steps from day one.
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Do you provide legal support for fundraising?
Yes, we advise startups and companies on investment rounds, including investor negotiations, term sheet reviews, shareholder agreements, and instruments like SAFE or KISS. We have extensive experience with both domestic and international investors.
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Can you draft contracts on behalf of my company?
Yes, we draft customized contracts tailored to your industry and business goals. This includes investment agreements, supply and service contracts, NDAs, and more—structured for internal review or external negotiation purposes.
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Do you provide offshore structuring services for virtual asset projects?
Yes, given Korea's regulatory restrictions on ICOs and IEOs, we assist in establishing offshore structures through jurisdictions such as Singapore, BVI, and the Cayman Islands. We also work closely with trusted local counsel in each region.
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Do you advise on NFT or DeFi projects?
Yes, we advise on legal issues surrounding NFT issuance, marketplace operations, and DeFi platform structuring. Our service includes regulatory analysis covering consumer protection, copyright, and anti-money laundering requirements.
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Do you assist with VASP (Virtual Asset Service Provider) registration?
Yes, we provide full legal support for VASP registration and compliance under the Act on Reporting and Using Specified Financial Transaction Information in Korea. Our services include regulatory liaison with the FIU and FSC, AML/KYC policy development, and internal control systems setup.
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Do you advise on tax issues related to virtual assets?
Yes, we provide legal advice on tax issues such as capital gains tax, corporate tax, and VAT arising from virtual asset transactions. We also support clients in preparing tax rulings and responding to tax audits. Our services include analysis of accounting and tax risks for token-holding entities.
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Do you have experience filing injunctions or attachments involving virtual assets?
Yes, we have successfully filed court motions for injunctions and provisional seizures involving cryptocurrencies such as Bitcoin and Ethereum. We understand the technical and legal complexities of digital assets, including custody and traceability, and tailor our approach accordingly.
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Do you handle civil or criminal litigation related to virtual assets?
Yes, we have extensive experience handling civil and criminal litigation involving virtual assets, including fraud, operation of unregistered exchanges, hacking incidents, and embezzlement by exchanges. We represent both plaintiffs and defendants in lawsuits for recovery of investment funds and damages.
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Do you provide legal advisory services related to virtual assets?
Yes, Cha & Kwon specializes in blockchain and virtual asset law. We offer comprehensive legal advice on ICOs, IEOs, STOs, including whitepaper review, securities law assessment, and issuance of legal opinions for exchange listings. We assist from initial structuring through to regulatory risk management.
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Can I reach you outside business hours?
For urgent matters, after-hours or weekend consultations can be arranged upon prior agreement. Our standard office hours are 9:30 AM to 6:30 PM (KST), Monday to Friday.
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How is the advisory agreement signed?
Advisory agreements are executed either digitally or in writing, clearly outlining the scope of work, fee structure, and duration.