Export Customs Clearance Procedures in KOREA

Thank you for visiting.

I'm customs broker in The Republic of Korea.

 

Today, I will tell you about export clearance procedure in Korea

 

 

What is export declaration?

 

 In order to export goods, Transaction details(Seller, Buyer, Payment and so on), goods details(description, Quantity, Price and so on) and other matters prescribed by relevant regulaitons must be reported to customs office.

 

Export declaration can only be made before lading up overseas transportation

If packaging is completed. export declaration can be made at any time.

But, after export declaration. Goods must be shipped within 30 days.

 

 

 

Who should declare export declaration?

 

 The person reponsible for declaring the export declaration is the exporter(seller). Also, Customs broker can declare export permission on behalf of exporter.

 

 Unless there is justifiable cause, at the time of export, customs procedures need to be completed at the customs office with which the exporter is registered, or where the goods have been packaged or loaded into a container or the means of transport. It is difficult for exporter to fill up information of export declaration. Exporter usually request cusotms broker to do export declaration.

 

The reason why you need to hire a customs broker as follows

- Customs brokers help exporters by handling the complex paperwork and documentation required for shipments leaving the country. They also provide valuable guidance on customs regulations, helping clients avoid potential delays or penalties.
- Customs broker assists exporters on various issues since he or she has the necessary expertise and experience. Counseling on export rules and procedures, pricing or cost composition for export, the suggestion of transport mode to be employed or contracting and so on are some of them.
- Customs broker fills up the declaration forms, which include cargo information like classification codes, place of origin, weights, and quantities, before sending them to the customs. They can also assist you with paperwork to qualify imports for trade agreements such as FTA, as well as providing information on export licenses.

 

 

 

 

Documents for Export Declaration

 

The minimum documents required to be submitted to the customs for the clearance of export is as below

1. Commercial Invoice
2. Packing List
3. Business license
4. Contact information of a forwarder
5. Address where the goods are located
6. Other Information related to export (e.g. necessary for FTA C/O, Refund of customs duties)

 

 

 

 

Please contact me if there are any questions