Blockchain
2025.12.30
Establishment of a Wholly Owned Korean Subsidiary Advisory
Service area
Cha & Kwon Law Offices provided comprehensive legal counsel to a U.S. parent company on the establishment of its wholly owned Korean subsidiary. Our team managed the end-to-end incorporation process, including foreign investment reporting, corporate registration, business registration, and the final registration of the entity as a foreign-invested company.
The engagement required a meticulous preliminary review of regulatory requirements beyond standard procedures, as the entity was funded through 100% equity ownership by an overseas parent. We structured a step-by-step roadmap for capital remittance, contribution, and the requisite filings. This process involved verifying the scope of Apostille and consular legalization for overseas corporate certificates, powers of attorney, and notarized documents to ensure seamless cross-border compliance.
Furthermore, we analyzed potential reporting obligations and regulatory restrictions that might arise despite the simplified ownership structure, based on current statutes and prevailing regulatory practices. Through this dedicated advisory, Cha & Kwon Law Offices ensured the client gained a clear understanding of the entire procedural flow, facilitating the efficient planning and successful execution of its market entry into Korea.