South Korea: A quick overview
The Republic of Korea, commonly known as South Korea, is a nation located in the southern part of the Korean Peninsula in East Asia. With a population of more than 51 million people, it is one of the most populous nations in the world and ranks 11th largest economy in the world.
The nation’s history has been marked by tumultuous events, including the war in the 1950s that divided the peninsula into two distinct parts. However, in recent decades, this country has established itself as a prosperous and modern nation with a strong presence in popular culture, technology and the automotive industry.
Country’s economy
South Korea is also known for its strong technology industry and for being one of the leading innovation nations, producing some of the world’s largest technology companies, for its unique culture and traditional customs.
In this article, we will explore the best Korean tax & legal firms:
BEST 5 LEGAL FIRMS IN SOUTH KOREA
ECOVIS SOUTH KOREA IN SEOUL
Ecovis is a leading global consulting firm with its origins in Continental Europe. It has almost 9,300 people operating more than 80 countries. Its consulting focus and core competencies lie in the areas of tax consultation, accounting, auditing and legal advice.
The particular strength of Ecovis is the combination of personal advice at a local level with the general expertise of an international and interdisciplinary network of professionals. Every Ecovis office can rely on qualified specialists in the back offices as well as on the specific industrial or national know-how of all the Ecovis experts worldwide. This diversified expertise provides clients with effective support, especially in the fields of international transactions and investments – from preparation in the client’s home country to support in the target country.
In its consulting work Ecovis concentrates mainly on mid-sized firms. Both nationally and internationally, its one-stop-shop concept ensures all-round support in legal, fiscal, managerial and administrative issues.
FTI CONSUTING
In Korea, FTI Consulting is a market-leading business advisory firm operating out of our office in Seoul. Our clients facing critical issues at critical times require a sophisticated combination of financial, technical, business and industry experience. They rely on us to provide comprehensive strategic advice and results-focused solutions. We are dedicated to helping organizations protect and enhance their enterprise value in an increasingly complex legal, regulatory and economic environment. No matter how challenging or complex the assignment, clients benefit from our extensive local, regional and global experience and knowledge. We provide a range of services including:
- Construction Solutions
- Economic Consulting
- Strategic Communications
K&P LAW FIRM
K&P Law Firm (formerly known as Karakhanyan and Partners Law Office), is an established independent law firm positioned to help its clients achieve their aims in their dealings on the Armenian and Ukrainian markets. Founded in 2004 as a full service law firm with both litigation and corporate consulting teams it has since transitioned to a corporate legal practice. In 2009 a subsidiary company ‘K&P Law Office’ LLC was incorporated in Kiev, Ukraine.
Today, K&P is a successful law firm with multilingual, motivated and highly qualified attorneys and legal advisors who work together to provide comprehensive, highly reliable and cost-effective legal services on a wide range of legal matters to clients across various industries. With an integrated group of qualified individuals, we have the commitment, resources, specialists and expertise to help protect and further business interests of the companies operating or aiming to invest in Armenia.
lee & ko
Lee & Ko was founded in 1977 and consistently ranks among the largest and most highly respected law firms in Korea.
With more than 580 professionals, organized into 30 specialized teams, Lee & Ko is a premier full-service law firm whose clients benefit from the firm’s unequaled depth of resources in terms of experience, professionalism and capabilities sufficient to expertly provide any legal services that may be required.
sojong partners
Sojong Partners is a top-15 law firm in Korea, offering a full range of services including financial advisory practice. Started during the height of the Asian financial crisis of 1998, on the founding principle that a leading international law firm must be able to deliver practical solutions that are of high quality and cost-effective, they pride themselves in being proactive in every phase of their engagements and serving their clients’ needs as a trusted partner.
In addition to the 50-plus attorneys that make up their internationally recognized transactional, litigation, and tax divisions, their professionals include Certified Public Accountants, foreign licensed attorneys, and former researchers at economic institutions and the Korea Institute of Public Finance. They also draw on the expertise of those who have previously served as high-ranking officials in the courts, the National Tax Service, the Ministry of Strategy and Finance, and other government bureaus.
Since 1999, they have served diverse clients including Morgan Stanley, Lone Star, GE Capital, Cerberus Capital, Kookmin Bank, Nonghyup, Lehman Brothers (during and post Chapter 11), Doosan Group, SK Networks, KEPCO, Woulfe Mining and LG Display.
BEST TAX AND ACCOUNTING FIRMS IN SOUTH KOREA
ecovis south korea in seoul
Ecovis is a leading global consulting firm with its origins in Continental Europe. It has almost 9,300 people operating more than 80 countries. Its consulting focus and core competencies lie in the areas of tax consultation, accounting, auditing and legal advice.
The particular strength of Ecovis is the combination of personal advice at a local level with the general expertise of an international and interdisciplinary network of professionals. Every Ecovis office can rely on qualified specialists in the back offices as well as on the specific industrial or national know-how of all the Ecovis experts worldwide. This diversified expertise provides clients with effective support, especially in the fields of international transactions and investments – from preparation in the client’s home country to support in the target country.
In its consulting work Ecovis concentrates mainly on mid-sized firms. Both nationally and internationally, its one-stop-shop concept ensures all-round support in legal, fiscal, managerial and administrative issues.
fti consulting
In Korea, FTI Consulting is a market-leading business advisory firm operating out of our office in Seoul. Our clients facing critical issues at critical times require a sophisticated combination of financial, technical, business and industry experience. They rely on us to provide comprehensive strategic advice and results-focused solutions. We are dedicated to helping organizations protect and enhance their enterprise value in an increasingly complex legal, regulatory and economic environment. No matter how challenging or complex the assignment, clients benefit from our extensive local, regional and global experience and knowledge. We provide a range of services including:
- Construction Solutions
- Economic Consulting
- Strategic Communications
CKC Accounting Seoul
CKC Acct’g Co of Foreign (Invested) Corporation (called “CKC” hereinafter) is the CPA firm founded in 1995. Hence, CKC has practiced accounting professions only for foreign invested companies and foreign companies in Korea, distinguishing itself from the competitors.
The main areas are accounting outsourcing services like bookkeeping, payroll and cash management service, etc., and professional services like tax return filing, incorporation, liquidation, audit, etc. Along with these traditional services, they also offer virtual office services and seminars: a clear advantage to other accounting firms. We are a member firm of INAA group (The International Network of Auditors and Accountants) an International HR Consultancy of Compandben SA and have internationalized our services.
Specialty in foreign (invested) companies is very complicated but important because of the cross-cultural differences between the local service provider and foreign clients, and foreign companies tend to expect comprehensive services because they are not in their home countries. Therefore, specialty must be measured in several dimensions of external requirements, internal requirements, network requirements and facility areas.
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