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Legal Intellectual

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Q

Where can I get management consulting?

Legal IntellectualViews8,375

Our company is headquartered overseas and regularly imports raw materials and finished products from headquarters and overseas special related parties. I recently became curious about what additional materials to keep in preparation for customs tax assessment or audit. Are there documents required for special related party transactions in addition to simple import contracts? I'd also like to know if there are disadvantages under customs law for not properly keeping or submitting materials.

management consulting

A

Answer to Related Inquiry

Hello. This is a corporate specialist attorney at Daeryun Law Firm.

I fully sympathize with the fact that you have been handling various management decisions alone while running your company.

In fact, many small business owners initially gather information themselves and make decisions without management consulting, but once they reach a certain scale, they often realize the need for professional management consulting due to legal risks or management efficiency issues.


Management consulting can be received through the following channels.


1. Small and Medium Business Support Institutions

Public institutions such as the Ministry of SMEs and Startups, the Korea Federation of SMEs Promotion Agency, KOTRA, the Korea Chamber of Commerce and Industry, and the Korea SMEs and Startups Agency provide consulting in fields such as management, tax, labor, and law for free or at low cost.


2. Corporate Specialist Attorneys

You can receive law-centered management consulting through attorneys with extensive experience in corporate legal advice.


In particular, contract review, equity structure, labor dispute prevention, tax risk inspection, IP protection, and avoidance of civil/criminal liability are major consulting areas of corporate specialist attorneys.


3. Accounting Firms, Labor Firms, and Tax Firms

Practical consulting on business management, labor cost structure, and tax-saving strategies can be more efficiently provided by accounting, tax, and labor experts.

Ideally, it is best to receive consultation along with legal experts as needed.


If you, like the questioner, have made management decisions by gathering information yourself, you may be exposed to the following legal blind spots.


1. Verbal contracts or poorly drafted contracts
2. Failure to write employment contracts when hiring employees
3. Unprotected intellectual property (IP) (brands, logos, technology, etc.)
4. Tax filing omissions or risk of additional tax
5. Confusion between personal and corporate name assets


Such issues do not appear during normal times, but when disputes occur or tax investigations or civil complaints arise, they can threaten the very existence of the company.


Daeryun Law Firm provides customized management consulting services for businesses ranging from small business owners to medium-sized and large corporations.

In particular, the biggest advantage of our firm is that you can receive one-stop response services from corporate specialist attorneys, accountants, labor consultants, and tax accountants.


So that you can focus on management, we will help you manage legal risks.

If you need help, please request a consultation now.

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