[E데일리] An Il-won Lawyer Interview, Refining Flip_Successful Overseas Transfer of Headquarters Will Bring Big Profits, Failure Will Be "Duck Eggs on the Nakdong River"
Article posted in 2022-05-09 17:41:00 | VEAT
Law firm Veat attorneys conducted an interview with i데일리 and Flip as topics.
Flip refers to fundamentally changing a company’s organizational structure, and since the process is complex and requires significant time and cost, it is necessary to accurately understand the merits and risks of Flip and to conduct it with justification.
During the Flip process, various issues may arise, such as foreign exchange transaction reporting and tax implications, and with the help of experienced professionals, thorough preparation in advance can reduce the time and costs involved.
The original article can be found by clicking this link.
Veat Law Firm has performed numerous tasks related to Flip and reverse Flip. Please refer to the following representative case studies, and if you need assistance with Flip or reverse Flip, please contact Veat Law Firm at any time.
- Flip with A Company’s U.S. Subsidiary: The delegation of work to perform the business of flipping A Company with A Company’s U.S. subsidiary, creating the U.S. subsidiary as the parent company and A Company as the U.S. subsidiary, and providing legal advice.
- Flip with B Company’s New U.S. Entity: The delegation of work to perform the business of flipping B Company with B Company’s new U.S. entity, creating the new entity as the parent company and B Company as the subsidiary, and providing legal advice.
- Flip with C Company’s Singapore Subsidiary: The delegation of work to perform the business of flipping C Company with C Company’s Singapore subsidiary, creating the Singapore subsidiary as the parent company and C Company as the Singapore subsidiary, and providing legal advice, among others.
Thank you.