Cha & Kwon Law Offices provided legal advice to a Korean company in its provision of services, such as blockchain software development, to an overseas corporation, as well as in receiving payment for the provided services.

In a transactional relationship between corporations, when one party provides services and receives payment, legal review is required depending on the form of the payment. For instance, foreign exchange, legal currency, and virtual assets have different applicable regulatory laws. Detailed legal analysis is required, in particular, regarding tax issues such as value-added tax, etc.

Based on a comprehensive and in-depth understanding of the virtual asset industry ecosystem, our firm provides quality legal services through continuous and active research on the virtual asset field. Consult with Cha & Kwon Law Offices to maximize business opportunities in the virtual asset market with leading legal experts in the industry.