In the Republic of Korea (hereinafter Korea), midsize businesses can benefit from the government’s inheritance tax deductions. However, such deductions are only limited to companies that post less than three billion KRW in annual sales. Korea’s inheritance tax rate is approximately fifty percent, which is almost twice as high as the twenty-six percent of the average inheritance tax rate of OECD member countries. If the successor of a company inherits the largest share with management rights, the tax rate can go up to sixty-five percent.

Foreign residents in Korea who are unfamiliar with Korean tax laws, often get charged additional punitive taxes imposed by the government, which eventually put their businesses at risk.

Consulting with an experienced inheritance attorney at Law Win will help you reduce business risks involved with the inheritance process and avoid unnecessary fees, taxes, or immoral conduct that may get between you and what is rightfully yours.

Law Win’s KBA (Korean Bar Association)-certified family attorneys have been handling numerous divorce cases in all matters related to pre-divorce spousal maintenance (previously called alimony), post-divorce spousal support determinations, child custody, child support, and property division.

When a child is involved in a divorce case, the case generally gets more complicated. For the best interests of a child and a fair distribution of property, it is necessary to review factors, such as:

Law Win has been helping clients to assert their rights and interests in many divorce cases, and always working to ensure earned assets are secured and distributed in fairness.

Foreigners encounter many difficulties when they are in the midst of any family law-related conflicts due to their language barriers. Law Win understands that it is crucial to communicate with clients in matters of legal issues. Thus our professional multilingual attorneys and legal assistants (fluent in English, Chinese, Japanese, German, Russian, Vietnamese, Uzbek, Urdu, Bengali, Tagalog, and Cebuano) who specialized in family law have been assisting our foreign clients for protecting their home and future security.