Statute of Limitations in Korea

The statute of limitations in Korea refers to the period within which a certain right can be legally claimed. Once this period expires, the right can no longer be asserted in a court of law. The duration of the statute of limitations in Korea varies depending on specific circumstances.

Civil Law Statute of Limitations

  • General Limitation Period: For claims, if not exercised within 10 years, they are barred by the statute of limitations (Civil Law Article 162①).
  • Property Rights Limitation: Property rights, excluding ownership, are barred if not exercised within 20 years (Civil Law Article 162②).

Commercial Law Statute of Limitations

  • Commercial Transactions: For claims resulting from commercial transactions, a 5-year limitation period applies unless specified otherwise (Commercial Law Article 64).

Short-term Statute of Limitations in Civil Law

  • 3-year Limitation: Specific cases, such as interest claims, medical treatment costs, and contract claims, have a 3-year limitation (Civil Law Article 163).
  • 1-year Limitation: Certain cases like accommodation charges in hotels, rental for movable properties, etc., are subjected to a 1-year limitation (Civil Law Article 164).


If you are seeking legal services in Korea or have any inquiries related to Korean laws, please contact Start Law Firm at any time.

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At Start Law Firm, we understand the intricacies of Korean laws, especially when it comes to representing foreign clients. With our seasoned professionals by your side, you won’t just get legal assistance; you’ll experience a partnership that values transparency, commitment, and excellence.

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