Kim Chang Lee has a leading general corporate practice characterized by our experience and specialization over several decades. We offer a full range of professional legal services from strategic legal planning to legal guidance on day-to-day operations of businesses in Korea. Our practice includes providing advice on the interpretation and application of key statutes relating to the general corporate practice area including, among others, the Korean Commercial Code, the Financial Investment Services and Capital Markets Act, the Foreign Investment Promotion Act, the Monopoly Regulation and Fair Trade Act, tax codes and labor laws, and providing strategic legal advice on these key statutes that regulate investments and business operations in Korea. We seek to ground our legal advice in our thorough understanding of our clients’ businesses from their perspectives and identify the legal and commercial issues they must address at the execution level to achieve their strategic goals.

For our expansive foreign-based multinational clientele, Kim Chang Lee also provides advice relating to general corporate matters in all major industries. Our attorneys routinely advise clients on legal matters related to commercial transactions conducted in Korea and negotiate and draft key commercial agreements, including agreements related to supply, sales representative, distribution, licensing, strategic alliance and joint venture arrangements with Korean business partners. We also provide advice to our clients on the most effective and efficient means to avoid and resolve disputes with Korean business partners in the context of such commercial transactions.

Kim Chang Lee counts among its longstanding clientele some of the most reputable domestic and foreign-based corporations and financial institutions including, among others, Samsung Group, The Coca-Cola Company, Tencent Group, Delta Airlines, Aero Mexico, Tata Motors Group, SoftBank, Mastercard, Callaway Golf Company, Boston Consulting Group, Wacker Chemical Corporation, and The New York Times.

• Corporate governance advisory relating to composition and operation of general meetings of shareholders, board of directors and committees within the board of directors, etc.
• Corporate finance advisory relating to capitalization including capital increase and reduction, conversion of debt, purchase and disposal of treasury stock, dividend distribution, interim distribution, stock options, etc.
• Advisory on constitutive documents including the articles of incorporation, employment rules and other internal regulations and rules, etc.
• Advisory on negotiation and drafting of various commercial agreements
• Advisory on regulatory requirements under the Financial Investment Services and Capital Markets Act, including disclosure requirements, required licenses and approvals, reporting requirements, etc.
• Antitrust and fair trade advisory including filing of business combination reports, responding to investigations into unjust concerted action/unfair trade practices under the Monopoly Regulation and Fair Trade Act, etc.
• Labor and employment advisory relating to employment rules, termination of employment, layoffs pursuant to reorganization plans, sanctions, collective bargaining agreements, labor disputes, etc.
• Corporate tax advisory including allocation of income, dealings with specially related persons, repudiation of wrongful calculation, adjustments to mitigate double taxation, etc.
• Advisory on the Foreign Exchange Transactions Act including filing of foreign exchange transaction reports, etc.