DLG&AP, a local joint venture of DLG Law Corporation (CEOs Wonhee Cho and Heechul Ahn) in Thailand, announced that it has signed a memorandum of understanding (MOU) with True Digital Park (TDPK), the largest tech and startup hub in Southeast Asia, to support Korean companies entering the Thai market.
The signing ceremony took place in Bangkok, Thailand, and was attended by DLG&AP Senior Partner Yoo Jeong-hoon and Senior Partner Apiwat Narkchamnun. TDPK Representative Sasithorn Varanyuwatana attended the ceremony, confirming the commitment of both parties to cooperation.
This agreement aims to establish a practical support system to help Korean companies securely enter the Thai market and facilitate their initial settlement process. Through this agreement, the two companies will promote business matching between Korean startups and local Thai corporations and investors, and provide legal advice tailored to Thai laws and regulations. They will also jointly host networking seminars and demo days to expand local exchanges.
DLG&AP and TDPK plan to jointly operate a soft landing package. This package combines TDPK's business infrastructure with DLG&AP's legal advisory services. It focuses on managing risks that may arise during the initial stages of overseas expansion, from local market research to incorporation, licensing, and visa procedures.
DLG Law Firm specializes in startups, technology ventures, and M&A, providing legal services across the digital industry, including artificial intelligence, blockchain, and healthcare. Its Thai joint venture, DLG&AP, collaborates with local legal experts to support Korean companies entering the ASEAN market.
TDPK, an innovation hub established by the digital division of True Corporation, Thailand's largest telecommunications company, operates a technology and entrepreneurship community involving startups, investors, and government agencies. Currently, it hosts over 260 startups and over 13,000 members, and has produced numerous unicorn companies.
Through this collaboration, DLG Law Firm and DLG&AP plan to strengthen their comprehensive support system covering both legal and business aspects for Korean companies entering the Thai market.
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