My Business Network

Your favorite business associate

International trade blog

Import duties in South Korea   

An illustration featuring elements of global trade such as a plane, shipping containers, a globe, coins, a truck, and a laptop with currency symbols.

South Korea, a modern and technologically proficient country, usually keeps an open trade policy. Bringing things into the country, however, means paying customs and taxes.  The main import taxes introduced in South Korea are fully summarized on this page.    Import taxes   Often referred to as tariffs, import taxes are payments made on things as they […]

Exporting goods from South Korea – full guide

A large cargo ship loaded with lots of containers.

As one of the leading exporting nations, South Korea has in place robust systems and processes that ease the movement of goods across borders. It is important to fully appreciate the processes, regulations and the resources available for anyone intending to export goods out of South Korea for a well-organized outcome. Enrolling as an exporter […]