Potassium sulfate fertilizer sales related licenses, permits and lease agreement review.

A customer operating a recycling specialized company wishes to manufacture and sell fertilizer from “potassium sulfate” generated as a by-product during the recycling process, and requested legal consultation from Law firm Veat regarding the necessary licensing procedures and legal requirements related to industrial complex occupancy contracts.

Law firm Veat reviewed whether potassium sulfate falls under any type of fertilizer according to the “Fertilizer Management Act,” and provided guidance on the necessary fertilizer manufacturing registration requirements and procedures according to relevant notifications and process standards. In addition, it examined whether the fertilizer manufacturing industry is included in the permitted industries of the general industrial complex where the customer's factory is located, and the contract amendment procedures necessary for business expansion, focusing on legal and practical considerations.

Furthermore, we explained practical points to note, such as the possibility of requiring prior consultation with related organizations or submission of additional documents depending on the detailed industry characteristics in some industrial complexes, and the necessity of organizing product usage, composition, and manufacturing methods in advance.

This consultation is an example of a comprehensive review of potential licensing and contractual issues that may arise in the process of promoting a new business utilizing potassium sulfate, a special material, and is specialized legal advice for the environment and recycling industries.

Law firm Veat has provided legal advice for various renewable energy and recycling projects based on a deep understanding of the environmental and resource circulation industries. In particular, it provides specialized legal services in the ESG and environmental fields, centered around national attorney partner, Kum-soo.

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Thank you.

Law firm Veat