Law firm Veat signed a memorandum of understanding with tax specialist law firm Hobbes & Kim for tax and legal responses related to virtual assets.
Article posted in 2023-11-03 11:59:32 | VEAT
Law firm Veat has signed a memorandum of understanding (MOU) with Hobs & Kim, a tax-specialized law firm, for virtual asset tax and legal response. The purpose of this agreement is to strengthen exchanges and cooperation for professional tax audits and legal responses related to virtual assets (crypto) taxation and levy.

Through this cooperation, both law firms will enable efficient responses to virtual asset-related legal issues and assist client companies with direction and stable business operations.
Law firm Veat’s representative lawyer Choi Sung-ho said, “The combination of Law firm Veat’s expertise in virtual assets (crypto) and Hobs & Kim’s tax expertise will enable integrated and professional responses to the tax and legal issues of virtual assets,” and “We will thoroughly prepare for the healthy development of the virtual asset market and move forward.”
Law firm Hobs & Kim’s representative lawyer Kim Young-jin said, “Tax and legal issues in the virtual asset field are complex, and solving them requires specialized knowledge and experience. We are pleased to be able to respond more professionally to these issues through a partnership with Law firm Veat, which specializes in virtual assets,” and “Tax and legal issues in the virtual asset field are complex. We will respond more professionally and systematically through a partnership with Veat.”
Law firm Hobs & Kim is a law firm specializing in tax and provides professional responses based on over 10 years of experience in taxation and administrative fields.
Law firm Veat has extensive knowledge of virtual assets and blockchain, and possesses expertise and experience, providing professional legal advisory services for the entire blockchain, cryptocurrency, NFT, and metaverse-related industries. Particularly, representative lawyers Choi Sung-ho, Song Do-young, and partner lawyer An Il-woon of Law firm Veat are active in the Korea Bar Association’s IT Blockchain Committee, further solidifying their expertise.
In particular, Song Woo-seok, senior foreign lawyer, who attended this agreement, previously served as a senior legal counsel for Binance, the world’s largest virtual asset exchange, and has provided professional advice to numerous domestic and international blockchain projects and exchanges on virtual asset-related issues. Also, partner lawyer An Il-woon actively provides legal advice on issues for IT companies and blockchain/virtual asset companies, and continues to be a busy expert combining theory and practice by publishing specialized columns on blockchain issues in IT blockchain specialized media.
Thank you.
Law firm Veat