Cha & Kwon Law Offices provided legal advisory services on domestic virtual asset-related business models and financial structures for overseas operators.

Overseas business operators also need to review whether they are classified as VASPs required reporting under the Act on Reporting and Using Specified Financial Transaction Information if they intend to run virtual asset-related businesses in Korea. Depending on the review results, the business model as well as the fund flow structure can be customized.

Our firm has successfully provided the direction and financial structure of the business model that our overseas business operating clients desired the most and came up with a solution to run a stable and profitable business in Korea.

Consult with Cha & Kwon Law Offices to seek advice on business models and financial structures from experts in blockchain, virtual assets, and finance to lay the foundation for a successful virtual assets business.