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Frequent questions asked about establishing and operating a branch office in Korea
We advise many foreign companies wishing to build local presence in Korea, and, when building such presence rather on a small scale, they prefer to set up a branch office in Korea and then move on to establishing a local subsidiary if the Korean operations could expand on a larger scale.
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Framework Act on Climate Change Soon to be Enacted
by Hoon Lee, Changed September 3rd, 2008Editor's Note:
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What is the risk of criminal penalty being imposed on an employer for employment termination?
Often we are asked by our firm’s foreign clients about the possible situations where any criminal penalties would be imposed on an employer in relation to employment termination.
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Prior court cases dealing with “justifiable” employment termination
We provide below a few examples of prior court cases where the employment termination by reason of poor performance was at issue.
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Easing legal hurdles as to the entry of global talent into Korea
by Hoon Lee, Changed June 2nd, 2008On April 30, 2008, at the 2nd Conference of the Special Presidential Committee for National Competitiveness under the supervision of new president LEE, Myung-Bak (whose administration was inaugurated last February), the Korean National Competitive Council made resolutions to substantially open the door to globally talented people.
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