Cha & Kwon Law Offices provided legal advice and review on new business models. Company “A,” which operates a real estate business in Korea, requested a legal review in the process of launching a new startup, as well as a check on practical aspects, such as reporting, registration, and taxation.

Cha & Kwon Law Offices reviewed the legal risks and advantages and disadvantages that may arise from the general business model in the field that Company A is pursuing and provided alternative models and options. In addition, practical issues that cannot be confirmed solely from the regulations were identified, and the customized solution most suitable for Company A in its current situation was proposed.

The business model that many companies currently follow can be viewed as its stability has been verified — an advantage that cannot be overlooked. Nevertheless, there may be some aspects that the model overlooks, and creating a new model covering that void could give a company ample scope to seize a competitive edge in the industry. To secure competitiveness in the increasingly saturated market, it is imperative to seek advice from an expert with legal and practical experience in the changing market and environment.

Cha & Kwon Law Offices responds sensitively to the rapidly changing market and updates the status in real-time. Consult with experienced legal experts in various business models at Cha & Kwon for a safer and well-informed plan for a new model, as well as the adaptation of an existing business model.