South Korea: Corporate/Commercial Law

On Jan. 22, South Korea's AI Basic Act came into force, establishing one of the world's most comprehensive frameworks for artificial intelligence. For U.S.

Under Korean labor law, the applicability of disciplinary measures depends on employee headcount. For foreign companies in Korea, however, to what extent should the headcount requirement apply, especially if they have more than one local presence?

President Yoon Suk Yeol was elected in 2022, on a platform of economic development through deregulation and pro-business policies.

South Korea has finalized its US$350 billion U.S. investment framework, splitting into a US$150 billion shipbuilding package and a US$200 billion program where Korean capital flows through U.S.-managed investment structures. Project selection does not establish binding Korean capital commitments, as funding remains subject to South Korean investment decisions, commercial reasonableness tests, and a US$20 billion annual limit.

South Korea has unveiled an unprecedented $518 billion semiconductor cluster initiative, backed by Samsung and SK Group, targeting leadership across the entire AI technology stack from chips to robotics. The government is streamlining infrastructure and permitting while corporations provide the capital, compressing construction timelines from the 2040s to the mid-2030s. This coordinated industrial policy creates immediate legal, governance, and strategic implications for companies with Korean supply-chain e

South Korea's Supreme Court has issued a landmark ruling that clarifies the boundaries of trademark rights in the fashion industry, specifically addressing whether trademark owners can control the resale of modified branded goods.