Daeryun Law Firm, MOU with K&Y Accounting Firm… International tax and regulatory response

Daeryun Law Firm announced on the 30th that it signed a business agreement with Ko & Yun Accounting Firm, considered one of the largest Korean accounting firms in the United States.

Previously, the signing ceremony was held at Daeryun Law Firm's Seoul headquarters branch office on the 26th, and was attended by Daeryun Management CEO Kim Kuk-il, CEO Park Dong-il, Advisor Ahn Il-hwan, accountant Yoo Jeong-yeon, K&Y Accounting Firm CEO Ko Seong-hwan, and GROUP

K&Y Accounting Firm is headquartered in Atlanta, Georgia, USA, and currently operates offices in major cities such as Texas, New Jersey, and Michigan. In addition, as a member of the BDO Alliance USA, in which 151 countries around the world participate, we are securing competitiveness in the international accounting and tax fields.

Daeryun Law Firm is one of the largest domestic law firms that operates 36 offices nationwide. It provides comprehensive legal services, including corporate law, litigation, and human rights protection, based on a collaborative system of specialized lawyers in each field and an AI/IT-based case management system.

In addition, we are operating a 'total legal service' model utilizing a variety of professional personnel such as security and security teams and software development teams, and this agreement is expected to serve as an opportunity to accelerate Daeryun's global expansion.

Through this MOU, the two companies agreed to cooperate in establishing a 'global one-stop service system' to support domestic companies' overseas expansion and overseas investors' activities in Korea.

Specifically, we plan to work hard to ▲ establish an overseas corporation and cooperate with international tax and regulatory response advice ▲ establish a joint response system to resolve international lawsuits and disputes ▲ provide integrated tax and legal services for global investors ▲ jointly promote ESG and compliance-based management advice ▲ jointly produce and hold seminars on online-based international accounting and legal content ▲ exchange talent and operate joint education programs.

Ko Seong-hwan, CEO of K&Y Accounting Firm, said, "Through this agreement, we will provide an integrated solution that can simultaneously solve accounting, tax, and legal issues faced by customers in a cross-border business environment." He added, "The cooperation between the two companies will greatly increase global customer satisfaction."

Kim Kuk-il, CEO of Daeryun Law Firm, said, "Daeryun's service area will be further expanded into the U.S. and international markets through K&Y Accounting Firm's global network and expertise. We will continue to strengthen our international competitiveness by combining AI technology and Daeryun's total service model."

Eunhye Lee (zhses3@joseilbo.com)

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Jose Ilbo - Daeryun Law Firm, MOU with K&Y Accounting Firm... International tax and regulatory response (Go here)
Sejeong Ilbo - Daeryun Law Firm signs MOU with K&Y Accounting Corporation of the United States (link)