Cha&Kwon Law Offices proceeded a legal examination of a contract between shareholders for a company planning to operate a virtual asset project by establishing an overseas corporation and joint venture.

A contract between shareholders must include a detailed regulations of 1) the duties and rights of each shareholder and the joint venture, 2) investment ratio of the shareholders, 3) profit distribution ratio, 4) decision-making method, 5) settlement and resolution of a deadlock. When including detailed regulations, explaining what aspects need to be discussed thoroughly between the domestic corporation and foreign corporation is crucial.

Based on the specialty on international practice and virtual assets, Cha&Kwon Law Offices provided a contract that prepares against dangers that may occur before and after establishing a joint corporation.

Cha&Kwon Law Offices have a team of attorneys with a native speaking level English capability and diverse work experience on examining English legal contracts.