Korea Federation of SMEs Forum on "Corporate Succession Policy Directions for Fostering Prestigious Long-Established Companies"

Joint Event with Family Business Association at Yeouido Korea Federation of SMEs on the 30th

The Korea Federation of SMEs' Corporate Succession Activation Committee (co-chairs Song Chi-young and Jung Jae-yeon) and the Family Business Association (President Yoon Byung-seop) announced on the 26th that they will hold a forum on "Policy Directions for Fostering Prestigious Long-Established Companies."

The forum, held on the morning of the 30th at the Federation of SMEs in Yeouido, will feature a keynote presentation by Chu Moon-gap, Head of the Economic Policy Department at the Federation of SMEs, on "Current Status of Prestigious Long-Established Companies and Institutional Improvement Tasks," followed by a presentation by Professor Kim Han-soo of Kyonggi University on "Improvement Measures for the Scope of Non-Business Assets in Family Business Succession."

In the comprehensive discussion session, chaired by Jung Jae-yeon, President of the Korean Tax Association, designated panelists include Chu Moon-gap, Head of the Economic Policy Department at the Federation of SMEs; Jo Woong-gyu, lawyer at Barun Law Firm; Park Se-woong, tax accountant at Sunwoo Tax Accounting; Kim Hyo-jin, Executive Director at Dongil Electric Wire; and Choi Doo-chan, Policy Chairman of the Korea Family Business Succession Association.

Head Chu stated, "With legislation to activate corporate succession currently under discussion in the National Assembly, this forum aims to strengthen the justification for the passage of the bill through collaboration between academia and the SME sector," adding, "the passage of the Corporate Succession Activation Act in this year's regular National Assembly session is essential to foster prestigious long-established companies."

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