Daeryun Law Firm and Kim & Co., a public accounting firm in the U.S., signed an MOU... Strengthening advisory capacity beyond borders

Daeryun Law Firm announced on the 21st that it recently signed a business agreement with Kim & Co., CPA PC GROUP, a public accounting firm headquartered in Los Angeles, USA. This is to strengthen cross-border advisory competitiveness and speed up entry into the global legal market.

Based on this agreement, Daeryun plans to advance customized tax, accounting, and legal services for corporate and individual customers in the United States and establish a complex advisory system capable of comprehensive response across borders.

The agreement ceremony was held at the Seoul headquarters branch office of Daeryun Law Firm on the 16th, and was attended by Daeryun Representative Attorney Dong-il Park, American Attorney Mia Kim, and Seong-gu Kim, CEO of Kim & Co., a certified public accounting firm.

Kim & Co. Certified Public Accounting Firm has been providing non-immigrant investment advisory services such as ▲US federal and state tax law advice ▲support for preparing financial statements in accordance with accounting standards ▲US local business incubation ▲E-2 visas for companies doing business in the United States and Korea. We have an online-based computer system, including video consultations, to provide services without time and space constraints.

According to the agreement, the two companies will cooperate in ▲establishment and licensing of corporations in the U.S. ▲international tax and accounting advice ▲investment and visa consulting ▲joint response to cross-border legal issues between Korea and the U.S. ▲development of customer-tailored integrated solutions ▲establishment of an online joint consultation system.

Kim Seong-gu, CEO of Kim & Co., said, “Through collaboration with Daeryun, we have laid the foundation to provide broader and more precise advice to customers in the U.S. We will closely analyze the U.S. tax law system, which differs by federal and state governments, and based on this, prepare effective strategies to actively support our customers’ entry into the global market.”

Park Dong-il, representative attorney at Daeryun, said, “In the era of global advisory, organic collaboration is more important than independent response, and we expect that this agreement will allow us to preemptively manage clients’ legal and tax risks by combining the expertise of both companies and support substantial growth.”

Meanwhile, Daeryun plans to open a U.S. office at One World Trade Center (1WTC) in Manhattan, New York, as early as June and begin operating a global local base.

Reporter Jeong Cheol-wook

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Seoul Newspaper - Daeryun Law Firm signs MOU with Kim & Co., a public accounting firm in the U.S.... Strengthening cross-border advisory capabilities (link)
Taxation and Finance News - Daeryun-US Kim & Co. business agreement... Cooperation in corporate establishment, licensing, international tax and investment consulting, etc. (Go here)
Jose Ilbo - Daeryun Law Firm, MOU with KIM&CO of the United States... Strengthening the position of a global mega law firm (link)
Venture Square - Daeryun Law Firm and Kim & Co. signed a business agreement with Certified Public Accounting Firm (Go here)