Arbitration in South Korea

Tue, 07 Jul 2026 00:00:00 +0000

Introduction

South Korea has developed into a prominent arbitration hub in East Asia, supported by a modern legal framework, a well-established arbitral institution, and a judiciary that demonstrates strong pro-arbitration tendencies. The Arbitration Act (Act No. 17682, 2019) largely adopts the UNCITRAL Model Law on International Commercial Arbitration, and the Korean Commercial Arbitration Board (KCAB) provides institutional support for both domestic and international arbitration.

Arbitration Act

Enacted in 1966 and comprehensively revised in 2016 (effective 2017), the Arbitration Act governs both domestic and international arbitration seated in South Korea. Key features include:

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Arbitration in South Korea

Introduction

Arbitration Act