| < REAPPOINTMENT OF DIRECTORS AND IN-HOUSE AUDITOR | ||||||||||
| OF FOREIGN INVESTED CORPORATION > | ||||||||||
| Every director and in-house auditor of a Korea company should be reappointed or revised | ||||||||||
| every three(3) years. If failed, company shall pay penalty on that. | ||||||||||
| < REQUIRED DOCUMENTS FROM OVERSEAS > | ||||||||||
| K1 | Power of Attorney 1 | from the Shareholder, | ||||||||
| K2 | Power of Attorney 2 | from the expatraite director | ||||||||
| Note : | ||||||||||
| 1) We need the POA from the shareholder | ||||||||||
| => refer to Sample document K1 | ||||||||||
| 2) We need the POA from one of the expatriate director | ||||||||||
| whoever is easily available. | ||||||||||
| => refer to Sample document K2 | ||||||||||
| 3) We need "letter of acceptance" from every expatriate director and in-house auditor | ||||||||||
| => refer to Sample document K3 | ||||||||||
| * Document K1 ~ K3 should be signed and notarized. | ||||||||||
| One copy for each is needed. | ||||||||||