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Fakhoury Global Immigration
The Korean national Assembly is debating tougher penalties for the employers of illegal residents. For those voluntarily reporting illegal residence by February 28, 2020, penalties will be reduced
Fakhoury Global Immigration
Effective November 18, 2019, the authorities will no longer process a foreign national's VIN and/or ARC extension until the host companies tax payments are up to date.
An amendment to the Trademark Act, effective from October 24, 2019, will remove the current stipulation that all owners of a jointly-owned trademark registration must apply for renewal together.
In August, the Korean Supreme Court decided on case 2018Hu10848, an appeal from the Patent Court in a trial to confirm the scope of trademark rights.
There have been a number of significant changes at the Korean Customs Service in the last 12 months, with amendments to the Guidelines for Customs Clearance of International Mail Import and Guidelines for ...
The Korean Immigration Service has been restricting the grant of visa extensions and some work/residence permits to foreign nationals who have defaulted on payments
While walking the streets of Seoul, South Korea's energetic capital, it was fascinating to see the contrast between its centuries-old palaces set against a backdrop of modern high-rise buildings.
Herbert Smith Freehills
New provisions regulating workplace harassment and bullying set out in South Korea's amended Labour Standards Act (the "LSA") were recently implemented on 16 July 2019.
Khurana and Khurana
The word "Blockchain" is one of the most trending buzzwords of this decade. Everyone is talking about it.
TMF Group
Wage subsidy is calculated based on total household income and not just the individual and paid by the NTS.
Wilson Elser Moskowitz Edelman & Dicker LLP
Approximately 16,000 foreign companies are doing business in Korea in various industries including finance, technology ...
TMF Group
Following amendments to an act ("The Act on External Audit of Stock Companies, etc") on October 31, 2017, many joint stock and limited companies operating in South Korea now have to face mandatory external audits.
Proskauer Rose LLP
On December 27, 2018 the Korean National Assembly addressed workplace bullying and harassment in partial amendments to the Labor Standards Act (the "LSA") and the Industrial Accident Compensation
We don't often discuss Korean trade mark cases, but a recent registry decision is worth a look because it shines a spotlight on a particularly interesting aspect of trade mark law: character merchandising.
TMF Group
Companies should learn about these changes to adjust their human resource policies accordingly.
Lee & Ko
On February 28, 2018, the National Assembly of Korea passed legislative amendments designed to reform the Labor Standards Act. We have summarized the notable changes below...
Sheppard Mullin Richter & Hampton
In January 2018, the Korea Financial Intelligence Unit ("KoFIU") and the Financial Supervisory Service ("FSS") conducted a joint inspection of six Korean banks that provide trading accounts for cryptocurrency exchanges.
Foley Hoag LLP
As part of our Year in Preview series, we've recently covered both international cyberwar and the rise of cryptocurrency.
Two new privacy guidelines are now effective in South Korea. Earlier this year, the Korea Communications Commission (KCC) published "Privacy Guidelines for Online Customized Ads" (Korean language link) and a "Privacy Guide for Smartphone App Access Rights."
Yulchon LLC
The Stewardship Code is a set of principles or guidelines on fiduciary responsibilities released on December 19, 2016 by Korea Corporate Governance Service.
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