Korean companies have been key players in the Middle East in the construction & infrastructure and oil & gas sectors since the 1980’s. Over the last decade, Al Tamimi & Company has witnessed significant growth of Korean companies doing business in the region and as result developed a dedicated group to support Korean companies with their legal requirements.
Since 2012, the Korea Group led by Jongeun (Christina) Lee, has been committed to addressing the specific needs of Korean companies in the Middle East. With extensive experience working with Korean companies, the firm’s initiative has led to a growth of our Korean clients. We now proudly work with over 120 Korean companies.
Our team all have Korean language capability and familiarity of the Korean corporate culture and we communicate closely with Corporate Counsel to provide efficient and timely advice: both legal and cultural.
We are well positioned to guide Korean companies through the cultural nuances of doing business in the region. Our thorough understanding of the administrative processes of the regulatory authorities and ministries ensures that our clients save valuable time and money from the outset.
For contentious matters, our Korea Group manages a wide range of litigation, arbitration and mediation matters teaming up with our Arabic speaking litigators who have right of audience in all of the nine countries where we have a presence being the UAE, Saudi Arabia, Qatar, Bahrain, Oman, Kuwait, Egypt, Iraq and Jordan. Our team of Korean speaking lawyers work side by side with our lawyers leading matters. They attend meetings with the clients and directly working with our dispute resolution lawyers in the jurisdictions involved to effectively respond to client needs and concerns.
We advise on new market entries of Korean companies and advise on the most effective structure to build and expand their business in the Middle East. We also assist on a wide range of commercial arrangements for joint ventures and related local licensing matters.
Our team works closely with specialist practices where necessary including Intellectual Property, Employment, Real Estate and Financial Crime, to name a few.
We also handle all of the inquiries related to Iran where a high number of Korean companies have a growing interest in establishing business opportunities for the future. Jointly with our Iran Group, we focus on delivering up to date advice on the legal and regulatory environment and provide effective and practical solutions to challenges associated with doing business in, or in relation to, Iran, for Korean companies.