Attorney LEE, JAE WOOK'S OFFICE [ LICENSED TO PRACTICE IN KOREA, U.S.A., ILLINOIS ]
[개인과 기업을 위한 모든 법률문제를 서비스합니다.]
1997년부터 20년이상의 노하우를 가지고 웬만한 개인과 기업이 평생에 걸쳐 경험할 수 있는 거의 대부분의 민사,형사,행정,조세,국제거래,국제계약,이민,탄원,진정,고소,고발,제안,협상,중재,조정,업무대행,대리 사건의 자문과 소송과 계획안 제출대리 업무을 경험하고 처리해 왔습니다. 국내거래나 국제거래를 비롯하여 개인과 기업이 당면한 어떤 문제도 모두 해결해 드립니다.
주저하지 마시고 사무실을 내방하여 이재욱변호사의 축적된 경험과 학식과 지식을 이용하여 상담부터 받으세요. 본 사무실에서 해결해드리지 못할 경우 다른 해결방안을 제시해드립니다.
[FOR FOREIGNERS - ENGLISH LANGUAGE LEGAL SERVICES in Counseling, Application and LITIGATION & TRIAL IN COURTS and TRIBUNALS in KOREA]
INTERNATIONAL DIVORCE, CIVIL, REAL ESTATE, PERSONAL INJURY, DAMAGES, TRAFFIC ACCIDENT, FRAUD, PENAL LAW, CRIMINAL TRIAL, FELONY, GUILTY PLEA, LEASE, RENTAL LAW, IMMIGRATION, INVESTMENT, TAX, INCORPORATION, TRADE, CONTRACT,
DISPUTE IN CORPORATION, GOVERNMENT TREATMENT, REFUGEE, REMOVAL, VISA, PERMANENT RESIDENCE, CITIZENSHIP]
All investment activities vested in Korea by individuals of foreign nationality, corporations established under foreign laws, or International Economic Cooperative Groups, such as purchasing of stocks or bonds from Korean securities market, acquiring real estate, or establishing a corporation in Korea.
2. Direct Foreign Investment
Foreign direct investment under the Foreign Investment Promotion Act should be interpreted much more restrictively than a general definition and it should satisfy the following conditions:
- 100 million won or more per one foreign investor
- Ownership ratio by foreigner is more than 10%
- Even in the event of disposal of shares in part or reduction of capital without refund once registered as a foreign invested company under Foreign Investment Promotion Act, it is still considered as the foreign direct investment.
- It is recognized as foreign direct investment if it may send executive officer to the company in Korea, even if the ownership ratio is less than 10%.
Long term loans
The terms of the loan agreed at the time of the initial loan agreement must be longer than 5 years.
Recognized as foreign investment amount
[Example] If a foreigner acquires 10% of the domestic company’s stocks for 50 million won and further provides a long-term loan in the amount of 50 million won, the said domestic company becomes a foreign invested company under the Foreign Investment Promotion Act.