Step by step procedures to export from South Korea

How to export from South Korea?

 

Export Registration process in South Korea

 

This post explains about export registration procedures to be obtained from South Korea government authority to export from South Korea.

 

If you need to export goods or services, a onetime registration procedure is being completed in most of the countries.  Such export licence may be obtained from concerned government department if required in South Korea.

The Ministry of Trade, Industry and Energy (MOTIE), concerned with regulating some economic policy, development of commerce, investment, industry, and energy in South Korea.

Usually, for exportation of goods from South Korea, a onetime export registration to act as an Exporter/Importer is sufficient. However, if restricted items are exported, separate export licence may be required in South Korea to export such restricted goods.   There is separate government agency in South Korea who handles and regulate such specific products who issue export license or export permit.  However, specific licence to export goods is required only for certain specific goods restricted to export from South Korea.  Based on trade policy of each country categories of products classified under freely exportable, restricted to export.  Prohibited list of goods are not permitted to export from South Korea.  The list of restricted goods to export from South Korea and prohibited list of goods are notified time to time by government of South Korea which may be referred the official website of South Korea.

 

The details given here explains about export registration procedures to be obtained from South Korea government authority to export from South Korea.


Export Customs procedures in South Korea

 

This piece of information explains about export customs clearance procedures in South Korea.  The information details on how to export goods from a South Korea port to other overseas destination.

The Korean Customs Service’s (KCS) is the official customs department of South Korea which works under the Ministry of Strategy and Finance.

After goods packed for export, necessary export customs clearance documents required by South Korea load port customs are prepared.  Invoice cum Packing list and other required export documents for South Korea customs are arranged before movement of export cargo to Customs port of South Korea.   The export documents are filed with South Korea customs electronically.  The cargo is moved from Exporters location to South Korea export customs location where international carriers are also operated.   The export cargo is unloaded at South Korea customs bonded area under custodian of cargo.   The handling of export cargo at export port location is operated by such custodian in South Korea.

 

Once export entry is passed out South Korea customs for export, necessary permission is given by South Korea customs authorities to move export cargo.  Necessary export inspection procedures by South Korea customs authorities are undertaken wherever required.

 

This information explains about export customs clearance procedures in South Korea.  The information details on how to export goods from a South Korea port to other overseas destination.

 

Documents required to export from South Korea

 

The documents required for export from South Korea is based on the product exporting from South Korea, multilateral, bilateral or unilateral trade agreements, and other trade policies of South Korea government.  The export documents required in South Korea also depends up on the nature of goods exporting (General goods, Personal effects, Dangerous goods, Livestock etc.) , regular trade policy of South Korea Government,   specific goods exporting from South Korea (Arms and ammunition, health products, food products, chemicals etc.)

 

However, the following documents required to export goods from South Korea:

 

Export Customs clearance documents required in South Korea

 

Customs Entry document: (specified by South Korea customs) prepared by exporter’s customs broker or Importer.

Customs bond if applicable for specific goods exporting to South Korea or to claim import benefits from South Korea government.

Legal Undertaking (LUT) if applicable to claim export benefits from South Korea government or to export specific products

Customs declarations wherever applicable:  South Korea export customs clearance declarations as per specified format of South Korea government.

export Licence if applicable to be obtained from government agency of South Korea.

Purchase order or Letter of Credit between South Korea exporter and overseas buyer of goods.

Commercial Invoice cum packing list issued by seller of goods

Certificate of Origin issued by competent authority of origin country of goods.

Insurance Certificate issued by the government authorized insurance service provider

Certificates of Inspection if applicable:  Some of the importers demands exporter (seller) through LC or Purchase order to inspect export goods to South Korea by an internationally recognized inspection agency like SGS, BVQI, or other Quality inspecting agency. etc.

ATA CARNET/Temporary shipment certificate if applicable

Certificate of Analysis if applicable.  The buyer may insist the seller to enclose certificate of analysis about the goods.  The same certificate helps South Korea customs authorities to confirm the product imported to South Korea.

Certificate of Free Sale if applicable.  If goods are not commercially involved, a certificate of sale is attached by exporter along with goods dispatched.

Weight Certificate if applicable.   Weight certificate issued by exporter is required at various circumstances like satiability of flight, satiability of vessel, International road safety rules, import or export duty calculation, claiming export/import benefits from government etc.

Consular Invoice if applicable:  Some of the importing countries insists embassy attested documents which is mandatory at importing country to customs clear goods.

 

Documents required for customs in South Korea for specific products to export

Electronic Export Information if applicable

Certificate of Health or Sanitation if applicable

Generic Certificate of Origin if applicable

Dangerous Goods Certificate if applicable

Fisheries Certificate if applicable

Fumigation Certificate if applicable

Halal Certificate if applicable

Health Certificate if applicable

Ingredients Certificate if applicable

Inspection Certificate if applicable

Pre-Shipment Inspection certificate if applicable

Phytosanitary Certificate/quarantine certificate if applicable

Radiation Certificate if applicable

Dock Receipt and Warehouse Receipt if applicable

ISPM 15 (Wood Packaging) Marking certificate if applicable

Product manual or Product catalogue if applicable

Certified Engineer's Report if applicable

Chartered engineer’s certificate if applicable

Product specification certificate

Other specified documents if applicable

 

 

Bank export documents in South Korea

Purchase order or Letter of Credit

Commercial Invoice cum packing list

Pro forma Invoice

Bill of Exchange

Certificate of Origin

Insurance Certificate

Certificates of Inspection if applicable

Electronic Export Information if applicable

Certificate of Health or Sanitation if applicable

Other specified documents if applicable


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