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South Korea × Legal & Contracting
Legal & Contracting in South Korea
Contracts and legal structures that work under the law of each country you do business in. In South Korea, that means local law, local regulators and local practice, handled by a qualified professional who practises there.
Who handles this work
On request
WONE Global can find the right Legal & Contracting professional in South Korea for you.
No WONE Global Partner holds this yet. Send us your requirement: WONE Global confirms whether a vetted Associate firm can act, tells you who it is and checks for conflicts before any work begins.
Bring a requirement →South Korea at a glanceEast Asia
Seoul · Wednesday 4 November
05:01
Local time
- Currency
- KRW
- Working week
- Monday – Friday
- Dialling code
- +82
- Region
- East Asia
What the rules say in South Korea
Legal & Contracting, the essentials
From the South Korea market guide: the points that matter most for legal & contracting, each with the source it was checked against.
Essentials guide · Source-checked research100% of statements checked against a source10 checked against an official source35 checked against a secondary sourceChecked 2026-10-19Not yet professionally reviewed
A stock company needs at least three directors, but a company with capital under KRW 1 billion may have one or two directors and need not appoint an auditor.
Stock company (chusik hoesa).Invest KOREA (KOTRA) · checked 2026-10-19Dismissal requires just cause, and the employer must give written notice of the reason and effective date.
Korea is not an employment-at-will jurisdiction.Chambers and Partners (Dentons Lee) · checked 2026-10-19Lawful bases for transferring personal information abroad include separate consent from the data subject and standard contractual clauses or other recognised safeguards.
Other bases may apply; details not stated in the source.Chambers and Partners (Dentons Lee) · checked 2026-10-19Merger notification to the Korea Fair Trade Commission (KFTC) under the Monopoly Regulation and Fair Trade Act is required where one party has assets or annual sales of at least KRW 300 billion and the other at least KRW 30 billion.
Other conditions apply, including the type of transaction and, for foreign deals, Korean nexus.Chambers and Partners (Dentons Lee) · checked 2026-10-19
Read the full guide: Employment, payroll and mobility · Data protection, cyber and digital · Deals, competition and restructuring
Scope
What the service covers here
- 01Review the transaction or operating model
- 02Prepare or adapt commercial contracts
- 03Identify jurisdiction-specific legal requirements
- 04Coordinate local counsel where more than one legal system is involved
Key questions
What we will work through with you
- What needs to be decided before the legal work starts?
- Who is professionally responsible in each country?
- Which other work, such as tax or employment, must happen at the same time?
- What information and decisions are needed from the business?
If your work involves another country or another area of expertise, WONE Global brings in the right professional and keeps all advisers informed.
Also in South Korea
Other services in this market
Appointed services show their named professional. Open positions link directly to the Expression of Interest form.
Tax & International StructuringOpen position · Expression of Interest →Corporate & Entity ServicesOpen position · Expression of Interest →Government & Regulatory AffairsOpen position · Expression of Interest →Employment, Payroll & MobilityOpen position · Expression of Interest →Commercial Intelligence & Market ResearchOpen position · Expression of Interest →Accounting, Reporting & Statutory ComplianceOpen position · Expression of Interest →Audit & AssuranceOpen position · Expression of Interest →Finance & TreasuryOpen position · Expression of Interest →Banking & Capital AccessOpen position · Expression of Interest →Payments, Foreign Exchange & SettlementOpen position · Expression of Interest →Insurance & Risk TransferOpen position · Expression of Interest →Transactions & DealsOpen position · Expression of Interest →Trade, Customs & Supply ChainOpen position · Expression of Interest →Technology, Data & CyberOpen position · Expression of Interest →Intellectual Property & Brand ProtectionOpen position · Expression of Interest →Risk, Compliance & Financial IntegrityOpen position · Expression of Interest →Disputes & ResolutionOpen position · Expression of Interest →
Cases
What clients bring to Legal & Contracting
The cases this service leads or joins, each with what is at stake, how WONE Global handles it and who handles it in South Korea.
Should we appoint a distributor or an agent abroad, and how do we protect ourselves?Contracts, commercial disputes & collectionsCan our existing contract be transferred to our new local company?Contracts, commercial disputes & collectionsWho keeps track of our contracts and renewals in other countries?Contracts, commercial disputes & collectionsShould we sell abroad through a distributor, a reseller or directly?Commercial intelligence & market strategyWill our standard contract hold up with customers in other countries?Contracts, commercial disputes & collectionsWhat should our international supply agreement include?Contracts, commercial disputes & collectionsWhat happens if our key overseas supplier fails?Supply chain, product safety & consumer claimsHow do we expand through a partner abroad without losing control?Corporate ownership & governanceHow do we move customer and supplier contracts to another group company?Contracts, commercial disputes & collectionsHow do we end our distributor agreement abroad without a big claim?Contracts, commercial disputes & collections
WONE Global Intelligence
Ask about legal & contracting in South Korea
Ask in your own words. Answers come from WONE Global's checked records, with every source shown, and end with the named Partner who can act. Go deeper on any point, or build a decision file.
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