Advice on North Korea is not confined to legal knowledge but also requires an in-depth understanding of international politics and the ability to adapt to the evolving inter-Korean relations.
Starting from 1998, Yulchon advised Hyundai Asan Corporation and Hyundai Marine Merchant Co., Ltd. on the Kaesong Industrial and the Mount Geumgang Tourist Regions, which were the first inter-Korean business ventures ever. In the absence of precedents to follow, Yulchon had come to develop its own method to negotiate with and respond to the North Korean authorities, accumulating in the way an invaluable experience in dealing with the relevant legal and business issues.
In collaboration with other professionals of Yulchon, our North Korea team can provide domestic and foreign companies venturing into North Korea with the best legal services available in the market.
Major Practice Areas
- Strategic Joint Venture and General Corporate
- Tax and Customs
- Structured Financing
- Intellectual Property
- Labor & Employment
- Regulatory Matters
- Dispute Resolution
- Development, Acquisition and Management of Real Estate
- Infrastructure Projects