Effective March 6, 2026, South Korea requires cancellation of treasury shares within one year and pro rata disposal to all shareholders on equal terms. Learn the exceptions for third-party disposal and when a bylaws amendment is mandatory.
South Korea’s 2026 tax reform raises the family business inheritance deduction cap to KRW 100 billion while lifting the management period to 30 years.
A full explanation of refixing (conversion price adjustment) in South Korea. Full ratchet vs. weighted average, a worked example, the listed-company downward floor of 70% and the 2021 upward-refixing rule, accounting effects, and founder negotiation points.
A guide to the bond with warrant (BW) investment agreement in South Korea. How it differs from a convertible bond, detachable vs. non-detachable warrants, the exercise price, and founder cautions, with the 2026 KVCA standard form to download.
A guide to the convertible bond (CB) investment agreement in South Korea. Covers maturity, interest, conversion price and period, conversion price adjustment (refixing), early redemption (put), how it differs from equity, and founder cautions, with the 2026 KVCA form.
A guide to the common stock Investment Agreement and Shareholders Agreement in South Korea. How common stock differs from preferred stock, how the Shareholders Agreement supplements investor protection, and cautions, with the 2026 KVCA standard forms.
A guide to redeemable convertible preferred stock (RCPS), the most widely used instrument in Korean venture investment. Covers redemption triggers, redemption price and source, the SPA and SHA, and founder cautions, with the 2026 KVCA standard forms.
A clause-by-clause guide to the convertible preferred stock (CPS) Investment Agreement and Shareholders Agreement in South Korea. Covers preferred dividends, conversion rights, refixing, and consent rights, with the 2026 KVCA standard forms to download.
The 2026 revision of South Korea’s standard venture investment contracts (KVCA) splits the deal into a Stock Purchase Agreement (SPA) and a Shareholders Agreement (SHA). Here is what changed and why, with all eight contract forms available to download.
Under South Korean law, a “sales agency agreement” label does not make a party a commercial agent. Courts decide by substance: a party that resells on its own account is a distributor (Supreme Court 2011Da28342). Learn the differences in commission, inventory risk, and the compensation claim.
