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closes odoo/documentation#10069
X-original-commit: 50b8a2100d
Signed-off-by: Xavier Platteau (xpl) <xpl@odoo.com>
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76 lines
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=================================
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Odoo Sign legality in South Korea
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=================================
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:doc:`Odoo Sign <../sign>` is your trusted partner for secure, efficient, and legally compliant
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electronic signatures in South Korea.
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Legal framework for electronic signatures in South Korea
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========================================================
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In South Korea, electronic signatures are regulated under the `Digital Signature Act <https://elaw.klri.re.kr/eng_mobile/viewer.do?hseq=61440&type=part&key=28#:~:text=The%20purpose%20of%20this%20Act,infrastructure%20for%20facilitating%20the%20use>`_
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and the `Framework Act on Electronic Documents and Transactions of Korea <https://elaw.klri.re.kr/eng_mobile/viewer.do?hseq=61440&type=part&key=28#:~:text=The%20purpose%20of%20this%20Act,infrastructure%20for%20facilitating%20the%20use>`_.
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The law governs transactions performed through electronic means and the use of electronic
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signatures. The key points of the law include:
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- **Legal recognition**: electronic signatures are legally equivalent to handwritten signatures if
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they meet certain criteria.
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- **Reliability and security**: electronic signatures must be created with a secure method that can
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reliably identify the signatory and ensure the integrity of the signed document.
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- **Electronic signature certification services**: the law recognizes digital signature certificates
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or “seals” that serve as proof of identity of an individual for a certain purpose that can be used
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in special cases to provide additional security. These certificates are issued by Certification
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Authorities and are required by law for the signature of specific acts.
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How Odoo Sign complies with South Korean regulations
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====================================================
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Odoo Sign ensures full compliance with the Electronic Signature Law of South Korea by incorporating
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the following features:
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- **Secure signature creation**: Odoo Sign utilizes advanced cryptographic techniques to ensure the
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authenticity and integrity of electronic signatures.
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- **Third-party signature authenticator**: Odoo Online serves as an independent validation mechanism
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that adds an extra layer of security to the procurement process.
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- **Audit trails**: detailed audit logs are maintained to provide evidence of the signing process,
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including timestamps, IP addresses, and identity verification.
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- **Cryptographic traceability and immutability**: Odoo Sign ensures that any operation is logged
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securely. An audit log provides full transparency to all parties while preserving private data.
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- **Multiple authentication means**: authentication by SMS, email, geoIP or handwritten electronic
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signature.
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Types of documents you can sign with Odoo Sign
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==============================================
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Odoo Sign is versatile and can be used for a wide range of documents, including but not limited to:
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- **Contracts and agreements**: business contracts, employment agreements, and service contracts.
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- **Financial documents**: loan agreements, investment documents, and financial reports.
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- **HR documents**: employee onboarding forms, non-disclosure agreements (NDAs), and performance
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reviews.
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- **Commercial transactions**: purchase orders, sales agreements, and supplier contracts.
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Potential exceptions
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====================
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While Odoo Sign is broadly applicable, there are certain exceptions where electronic signatures may
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not be suitable or legally recognized in South Korea:
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- **Wills and trusts**: documents related to inheritance, wills, and trusts often require
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handwritten signatures.
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- **Real estate transactions**: some property transactions may still require notarized handwritten
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signatures.
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- **Government forms**: specific government forms and applications may mandate physical signatures.
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.. admonition:: Disclaimer
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The information provided on this page is for general informational purposes only and does not
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constitute legal advice. While Odoo Sign complies with the Electronic Signature Law of South
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Korea, users should consult with legal professionals to ensure specific document types and use
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cases meet all legal requirements. Compliance with additional industry-specific regulations may
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also be necessary.
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*Last updated: June 19, 2024*
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