Investing In... 2026

SOUTH KOREA LAW AND PRACTICE Contributed by: Tehyok Daniel Yi, Gun Kim, Kyu Hyun Kim, Sun Hee Kim, Yong Whan Choi, Yong Min Lee, Jung Woo Lee and Hyeon Jeong, Yulchon LLC

Yong Whan Choi is co-head of Yulchon LLC’s international tax team and is a foremost expert in global tax strategies, particularly for multinational corporations in the semiconductor, automobile and ICT

Jung Woo Lee is a partner at Yulchon LLC. He is a leading authority in labour and employment law, compliance and risk management. He is renowned for his strategic guidance on labour relations, regulatory

sectors. With deep expertise in transfer pricing, permanent establishment, cross-border M&A tax and Pillar Two compliance, he has successfully assisted foreign investors in obtaining maximum tax incentives and cash grants. His international experience, including an LLM in international tax from NYU and a secondment at a Japanese law firm, underpins his ability to resolve complex issues across jurisdictions. Yong Min Lee is a partner in Yulchon LLC’s intellectual property practice group. He is a pioneer in integrating IP expertise with emerging industry needs. As a leading member of the new industry IP team, he advises on cutting-edge issues intersecting IP, TMT and other legal domains. He is known for his innovative approach and supports global companies in navigating complex IP landscapes, ensuring their innovations are protected in rapidly evolving markets. His forward-thinking strategies have made him a trusted adviser for industry leaders looking to future-proof their intellectual assets in Korea and beyond.

compliance and cross-border workplace disputes. He effectively bridges cultural and legal gaps for multinational corporations. His unique background, including time in the UK and Japan, coupled with a US CPA licence, enhances his ability to deliver globally informed counsel. He also advises the Ministry of Justice and National Assembly Secretariat on labour laws and workplace safety issues.

Hyeon Jeong is a senior CPA at Yulchon LLC’s international tax team and specialises in tax planning and advisory for multinational corporations across various industries, including ICT,

e-commerce, battery manufacturing and entertainment. With expertise in foreign investment incentives, cross-border tax matters, and OECD Pillar Two implementation, he advises clients on navigating global tax challenges. He leverages his experience as a committee member for cash grant evaluations for foreign investments and ensures practical, tailored solutions for complex international issues. He is trusted by industry leaders and his strategic insights help clients align tax strategies with evolving global frameworks while fostering growth in dynamic and competitive markets.

Yulchon LLC Parnas Tower, 38F, 521 Teheran-ro Gangnam-gu, Seoul 06164 South Korea

Tel: +82 2 528 5200 Fax: +82 2 528 5228 Email: mail@yulchon.com Web: www.yulchon.com/en/main/main.do

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