[Corporate Advisory] When engaging in lending activities, legal review of restrictions on investment and transaction.

Law firm Veat conducted legal review regarding the possibility of investment restrictions on the parent company in response to inquiries from A Company, an operator of a used car platform.

Law firm Veat provided legal advisory services concerning investment restrictions on the parent company when A Company sought to establish a subsidiary company and engage in lending activities.

Law firm Veat thoroughly examined actions based on the “Act on Promotion of Venture Investment,” “Act on Financial Investment and Securities Markets,” “Act on Antimonopoly and Fair Trade,” “Act on Improvement of the Financial Industry Structure,” “Specialized Consumer Finance Act,” and other related laws.

Furthermore, providing legal advice considering restrictions on actions, trading restrictions, ownership restrictions, and investment restrictions arising from investment companies such as Small and Medium-sized Enterprises Investment Corp. and Venture Capital Funds, to prevent potential legal issues that could occur when the parent company establishes a subsidiary company with a meticulous legal advisory service.

Especially, in the case of startups or small and medium-sized enterprises, various legal restrictions may arise when the company grows, such as diversification of business. In such cases, we recommend receiving regular legal consulting from a company-specialized law firm with abundant experience by entrusting various matters to the company.

Law firm Veat is helping to support the growth of entrepreneurs and startups. If you need advice on various legal issues for the growth of entrepreneurs and startups, please feel free to contact Law firm Veat at any time.

Thank you.

Law firm Veat.