Review of Legal Issues Regarding Migration of An Overseas VASP to Korea

Client A, who operates a virtual asset business in a foreign country, requested a review and consultation on legal issues that may arise when moving the business to Korea.

When a foreign national resides and conducts business in Korea, a complex legal review is required regarding foreign exchange and tax, depending on the type of business. If a business is related to the field of virtual assets, the areas to be examined include virtual asset regulations, which increases the factors to consider. Accordingly, expert analysis and review are necessary as the specificity of each client’s individual situation and business type is different.

Consult with Cha & Kwon Law Offices to find the best answers to your legal inquiries with the market-leading legal services based on accumulated knowledge and experience in overseas legal affairs and the virtual asset industry.