Korea’s Franchise Law imposes an obligation to report to the Fair Trade Commission of Korea, yearly, specific information relating to your franchise business worldwide. A franchisor’s disclosure document may be de-registered or a fine may be imposed if this Yearly Franchise Report is not accepted by the Korean Fair Trade Commission within 120 days of the closing of the year. The Yearly Franchise Report, in Korea, is intended to notify franchisees and prospective franchisees of changes in the operations of
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The Korean Law Blog by IPG Legal Law Firm
Updates by English-Speaking Korean Lawyers in Korea on Korean Law, Korean Legal System & Korean Law Firms. Dispute Resolution Law Firm of the Year. International Law Firm with offices in North America and throughout Asia.
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