“[Consultation] Guide to Establishing Private Investment Funds”
Article posted in 2021-04-28 09:37:12 | VEAT
According to recent trends in the VC industry, interest in personal investment associations is increasing, leading to a continued flow of inquiries related to the establishment of personal investment associations. Law firm Veat responded to a request from an accelerator seeking to establish a personal investment association, providing legal guidance based on the “Act on Promotion of Venture Investment,” hereinafter referred to as the Venture Investment Act, which defines the requirements and procedures for establishing a personal investment association.
Law firm Veat, based on accumulated experience related to the establishment of personal investment associations, provided a guide for rapid establishment of a personal investment association by clearly distinguishing the information and documents provided to Law firm Veat by the client and the documents drafted by Law firm Veat on behalf of the client, referring to Venture Investment Act Article 12, Article 6 of the Enforcement Decree under the Act, and Article 5 of the Enforcement Rules under the Act.
Law firm Veat provides legal advice on personal investment associations, which are associations formed with the primary purpose of investing in venture capital and distributing its returns, as registered under Venture Investment Act Article 12. Please feel free to contact us at any time if you require a legal review of personal investment association related legal matters.
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Law firm Veat wishes you well.