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Yulchon is one of the first major law firms in South Korea to establish a team of experts specializing in investment and business transactions between the Middle East & North Africa (“MENA”) and South Korea. Our MENA team is staffed with distinguished lawyers qualified in Korea and elsewhere who are fully acquainted with the legal and economic systems of  MENA as well as cultural sensitivities of the region. In particular, the head of the team, Mr. Tong-chan Shin, has been dispatched to the Abu Dhabi and the Dubai offices of the prestigious UK law firms for three years and have been heavily involved in various matters taking place in the Kingdom of Saudi Arabia, Sultanate of Oman, Islamic Republic of Iran, the United Arab Emirates, the State of Kuwait, the State of Qatar, People’s Democratic Republic of Algeria, the Kingdom of Bahrain and other countries of MENA. Also, Yulchon’s MENA team has expertise in economic sanctions including the Iran Sanctions, Syria Sanctions and Sudan Sanctions as well as the conflict minerals issues. Relying on our advice, our clients can comply with often complex sanction regulations adequately.

Major Practice Areas

  • M&A and General Corporate Matters
  • Economic Sanctions
  • Real Estate Development, Acquisition and Management
  • Energy Development Projects
  • Export Controls
  • SOC Projects
  • Taxation and Accounting-related Structuring & Consultancy
  • Trade and Duties
  • Foreign/Local Finance and Structured Finance
  • Intellectual Property
  • Labor Act
  • Competition Act
  • Direct Investment
  • Strategic Joint Ventures
  • Regulatory Matters
  • Dispute Resolution

  • Assisted with the preparation of “Ease of Doing Business: Enforcing Contracts and Starting a Business in Saudi Arabia” for the Saudi Arabian General Investment Authority and the Korean Ministry of Justice
  • Researched on the Renewable Energy Investments in the Middle East and North Africa for the Korea Institute for Economic Policy
  • Advised South Korean and GCC investors regarding manufacturing joint ventures in the GCC region
  • Advised a European company on the Iran Sanctions issues
  • Represented a South Korean oil refinery company in connection with investment in the GCC region
  • Advised a South Korean major manufacturing company in its joint venture with a GCC sovereign wealth fund

Contact Professionals

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