INSIGHTS & EVENTS
Non-Payment of Legal Allowance: Duty to Pay Additional Wages under the Labor Standards Act of South Korea
Article 56 of the Labor Standards Act prescribes legal allowances. Article 56 aims to provide an economic...
COVID-19 Layoffs—Have the 4 requirements been met?
COVID-19 has completely changed people’s daily lives, while corporations greatly shrinking economic activities...
Criteria for determining an employee—Let’s find out with Korean labor law precedents.
In the Supreme Court decision in 2006 (Supreme Court 2006. 12. 7. Decision 2004DA29736), the issue was...
Dowoo Hwasan’s fair trade specialized attorneys respond to violations of the Act on Fair Transactions in Large Retail Business in South Korea
Immediately after entering into a contract with a supplier, etc., a large retail business entity shall give to the supplier...
If an employee involuntarily resigns due COVID-19, will the non-compete agreement between the employer and employee still valid in South Korea?
Due to the recent economic crisis caused by COVID-19, involuntary resignation is on the rise for the causes...
Miraculous Workers’ Compensation in Korea: 5 Steps to Effectively Secure | Five Steps to Effectively Secure Your Workers’ Compensation in Korea
The most crucial matter in industrial accidents is prevention. However, no degree of effort and caution can...
Justifiability of Reasons for Disciplinary Action & Appropriateness of the Leve of Disciplinary Action
Reviewing Article 23 (Restriction on Dismissal, etc.) of the Labor Standards Act is crucial to examine...
Blanket Wage System—If your wage is lower than actual hours worked?
The blanket wage system is a wage calculation method under which wages are paid monthly by...
Major Corporate Tax Issue—Dowoo Hwasan: Non-Business Related Real Estate
In order to limit the spending of expenses not directly related to the business of a corporation...
How to respond against violation of the prohibition on using or illegal dispatch of suppliers’ employees?
Often a supplier dispatches its employees to the business premise of a large retail business in a supply...
How many days of annual paid leave can you use under the Labor Standards Act?
Every employer shall grant any worker who has worked not less than 80 percent of one year a paid leave of 15 days...
Issues in excluding executive bonus and severance benefits as deductible expenses
For executive bonus & severance payments— Corporations MUST check whether the personnel expenses are subject to...
Understand the concept and scope of the possible use of entertainment expenses under the Corporate Tax Act in South Korea.
Entertainment expense is an entertainment expense, social expense, honorarium, or other expenses of a similar nature...
COVID-19 Suspension of Business Allowance—What are the Criteria for Payment & Support Measures?
The Minimum Wage Act applies to all kinds of workplaces which employ employees, except business which only...
A closer look at the requirements of Bad Debts under the Corporate Tax Law in Korea | South Korean Tax Law | Dowoo Hwasan Attorneys and Counselors | English-speaking lawyers in South Korea
Bad debt refers to the amount that has become unrecoverable among the...
International Transaction, Distribution & Franchise / Legal Response to the Unjustly Shifting Burden of Sales Promotional Expenses
Types of sales promotional events - Price discount sales events (regular discount, discount for a specific period, seasonal discount sales, etc.)...
What is the impact of COVID-19 on cross-border M&A contracts?
The impact of COVID-19 today spread across to virtually all industries, including manufacturing, distribution, construction, pharmaceuticals, and tourism...
Claim for Relief in Unfair Dismissal and Litigation for Cancellation of Retrial.
Being fired from a company you worked for without justifiable reasons, you will not only feel victimized but also suffer from worries for tomorrow...
Landlords & Tenants of Commercial Buildings—Have Your Legal Response Plan for COVID-19 | Real Estate Law in South Korea | Dowoo Hwasan, Law Firm in South Korea
Anxious days continue with difficult economic circumstances due to COVID-19. It is expected that lessors of commercial buildings...
What are the criteria for cardiocerebrovascular disease as an occupational accident?
Criteria for cardiocerebrovascular disease as an occupational accident: Acute overwork/Short-term overwork/Chronic overwork...