로고









 
HOME > 회사소개 > Service Overview
 
 
 
 
Customs valuation & Audit
 

For complexity and variousness of the recent trade methods and transaction steps, new profit creation technique and various reasons, high professionalism is required in customs valuation which produce a standard of assessment of imported goods.
It's not easy that making decisions character of payment, that is to say, loyalty, relating production assists expenses etc.
According to a final result of supplementary charge amount after the planned audit, supplementary charge amount of a tax relating to special relationship, loyalty and relating production assists expenses etc. by customs valuation error is over 70% of entirety supplementary charge amount of a tax. Especially in the case of medium and small enterprises, they suffer difficulty because of profit decrease etc. by supplementary charge.
All firms ought to establish the management system covering entire company audit to excluding risk of customs valuation error and supplementary charge.
Our company is offering the most effective consulting service about customs valuation, company audit in Korea with long business experience.

   
 

□ Practice Areas

   

ㆍAudit for transfer pricing
ㆍTransaction value of Special related parties
ㆍAppeal procedures
ㆍSelf-auditing

 
Customs law violations
 

When there is no know-how about customs, because the fact that taxpayers state at the time of investigation for evasion of customs duty can act adversely to them preferably, it is safe to attend with expert and state opinion.
Also, there is peculiarity such as joint penal provisions, punishment of attempts, punishment of an infant, punishment of juristic person unlike criminal law regulation in customs law and must recognize that punishment is heavier than other criminal offense.
According to customs law, taxpayer may hire customs broker to present or make a statement of his opinion in the case of receiving investigation from customs official. This means it serves to protect people's human rights and property rights through expert's aid.
Our company is trying to protect trade company's rights and property rights by cooperating with opinion statement etc. in the case of receiving investigation from customs official with lawyers about Criminal Suit Act , and our members as customs specialist is assigned by agent in the customs law violation event.

   
 

□ Practice Areas

   

ㆍAdvice for legal violations
ㆍAnalysis
ㆍInterrogatory

 
Foreign exchange
 

Foreign exchange transaction is accompanied compulsory in trade transaction , Korean government is managing this by the Foreign Exchange Transactions Act. Since IMF situation, Korean government has placed emphasis on autonomy of foreign exchange transaction, acts and regulations are professedly for 'foreign exchange is free in principle but in some cases are restrictive' but important transaction must report or have permission.
Also, the Bank of Korea and financial agency etc. are charged with administration about foreign exchange transaction except special occasion but achieving partial inspection business about foreign exchange transaction by the customs pursuant to 「the Act on the Persons Performing the Duties of Judicial Police Officials and Scope of Their Duties」article 6 ,  investigation about import and export company which is doing mainly foreign exchange transaction was more strict.
However, in medium and small enterprises, they can ask a question in return why foreign exchange transaction by traditional practice is clashed in regulations or, they can think that foreign exchange transaction will not be known to authority concerned. but most companies do not believe firmly legitimacy about foreign exchange transaction and they must recognize that foreign exchange transaction more than given scale  is notified in relevant authority.
Our company's representative have been active for an expert of the Foreign Exchange Transactions Act who published “Foreign Exchange Transaction Act Workbook considering examples” recently.

   
 

□ Practice Areas

   

ㆍForeign exchange system
ㆍAdvice for financial investigation
ㆍAct & Regulation

 
Trademark
 

As you can know through news and events, infringement for trademark right is appearing in succession. That is to say, income of unlawfulness copy of foreign goods' brand is not running out and domestic brand that are produced in abroad is imported.
When trademark right registers in the Korean Industrial Property Office, they think that it can be protected entirely, but they can not receive tutelage unless trademark right is not declared in the Korea Customs Service because of a specific character of international trade. Therefore, customs law provides for trademark right declaration system for trademark right protection of import and export goods.
Even though you have the exclusive right of using of foreign countries brand, there are margin to be imported with uniformity brand goods fairly by parallel import. Therefore, you must have handled the complementary measures faithfully.
Our company's "One - stop management service for preventing Imitation trademarks importing and exporting" is the consulting system to prevent such infringements. we act for procedures performance such as trademark right declaration , requesting a withholding of the customs clearance of the imitation goods, requesting a investigation of a specific company and etc.

   
 

□ Practice Areas

   

ㆍDeclaration of Trademark
ㆍRequesting investigation

 
Trade consulting
 

As previously announced, because of dumping, subsidies grant and etc. heavy damages have happened in domestic industry. And domestic infra structure develops to the model of advanced nation, importing problem of developing country's low-cost goods had been connected with domestic manufacture industry.
Customs law keeps systems that correspond to unfair trade, that is, anti-dumping duties, countervailing duty, emergency duty and etc.
In the case of demanding of imposition by the competent Minister related to a domestic industry or the concerned person designated by the Presidential Decree, the fact of unfair trade is confirmed through an investigation, the customs impose taxes on imported goods. However, in medium and small enterprises, it's not easy to confirm the scope of damages and collect the trade statistical data.
Therefore, our company is inclining effort to minimize damages by unfair trade by aiding in procedure performance that is information gathering procedure, investigation of industry damage and etc.

   
 

□ Practice Areas

   

ㆍInstituting a lawsuit against Dumping
ㆍInvestigation for damages
ㆍAnalysis for trade statistics

 
Classification & Country of origin
 

In the case of multi-purpose goods that have various usage, Tariff classification is more difficult. If taxpayers can not confirm tariff classification of the goods, they have risk of the supplementary charge. Therefore, even if it is after income, in the long-term viewpoint it's very important to receive an authoritative interpretation under expert's assistance by the Korea Customs Service about tariff classification.
The annexed Tariff Schedule decides tariff classification of the goods. But expert's assistance based on preparation of enough data and customs law have an effect  the decision of tariff classification of the goods.
Foreign Trade Act provides that description of country of origin of specific goods should be described in accordance with Acts subordinate statutes. According to description of country of origin, preference or non-preference is applied to imported goods, that is to say, FTA(Free Trade Agreement), Generalized Preferential Tariff, import restrictions, applications of anti-dumping duty, countervailing duty and etc.
Specially, you should prove country of origin of imported goods to be applied tariffs by FTA. If country of origin is not clear on account of a manufacturing process and a way of transport, you need to clarify procedure about the system of country of origin.

   
 

□ Practice Areas

   

ㆍTariff classification
ㆍCountry of origin