Legal review on the possibility of reducing the expiration date and validity period of mobile gift certificates.
Article posted in 2025-05-16 11:55:15 | VEAT
Law firm Veat recently received a legal review request from a company conducting welfare mall business (hereinafter referred to as “client”) regarding whether the client can arbitrarily shorten the expiration period and validity period of mobile gift certificates issued at a discount.
Law firm Veat provided guidance on the legal nature of mobile gift certificates and the regulations on the expiration period stipulated in related laws. Specifically, Law firm Veat provided legal advice on whether the expiration period of mobile gift certificates can be shortened or reduced based on Article 2, Paragraph 184 of the Civil Law.
Furthermore, Law firm Veat reviewed specific methods for shortening the expiration period and also presented countermeasures to ensure that the client does not violate the Act on Regulation of Terms of Contract.
Law firm Veat provides legal advice on various legal issues that clients encounter in the course of their business. In particular, Law firm Veat has supported clients in receiving efficient legal services, and as a result, received the Chairman’s Award from the Korea Federation of SMEs in 2024, recognizing its contribution to the development of startups and small and medium-sized enterprises.
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