South Korea'S Tax Policy Makes Foreign Trade Easier.

1, with the lowering of the general tariff level, all kinds of Tax reduction and exemption Policies have been phased down or cancelled, but tax policies have been retained for automated equipment, magnetic tape and magnetic tape storage. Temporary tax exemption policies for machinery and equipment used in high-tech industries and installment payment system for equipment, machinery and building materials needed by some small and medium-sized industries have been implemented. These tax reduction and tax policies have been gradually reduced or abolished since 1994.

2, before 1998, South Korea will reduce tariffs on special industries such as hi-tech, ship and aircraft every year, and gradually abolish tariff reduction policies in these industries.

3, in order to comply with the provisions of WTO, South Korea will change the original practice of reducing the exemption of special industries, replacing it with special tariff relief policies, such as scientific research, automation, environmental pollution, disaster prevention and other major materials and equipment tariff reduction.

4, speed up customs clearance and reform the customs liquidation system. Before.1990 years, the importers should check the customs duties. The import of goods is not allowed until the verification is completed. From 1991 onwards, importers can obtain import licenses after paying customs duties, and the customs will review the customs payment again after the import of goods.

1. Since 1992, South Korea has become one of the eighth countries to apply the Eleventh International Monetary Fund and the GATT eleventh. The main market has been opened and almost all commodities are free to import and export. Tariff adjustment as the only normal trade measure will become more important. In the future, the Korean economy will continue its outward oriented growth strategy and pursue economic liberalization, openness and internationalization.

2, in order to promote the adjustment of industrial structure and establish an economic foundation with considerable advantages, the emphasis of South Korea's tariff policy will be on industrial protection and fiscal revenue. The means of industrial protection will conform to the international conventions and the provisions of the relevant international conventions.

3, continue to reduce tariff The tax rate will reach the tariff level of the state. Appropriate tariff rates should be adjusted to increase the degree of freedom of imports of agricultural products.

4, strengthen the flexible tariff system and change the economic environment. South Korea will make full use of the emergency tariffs that conform to the WTO protection clause and the customs means that comply with the relevant international conventions, use the anti-dumping duty, countervailing duty of international agreements, and prevent the growth of improper trade.

The customs office of Korea finance and Economics Institute is composed of tariff system, industrial tariff and customs cooperation.

1, planning and coordination of tariff policies; 2, drafting and interpreting relevant customs laws and regulations; 3, putting forward tariff adjustment plans; 4, multilateral and bilateral negotiations; 5, implementation and application of international customs agreements.

1, the "Customs Law", South Korea has three important laws in the field of foreign trade: "Customs Law", "foreign exchange management law" and "foreign trade law". The "maritime law" was promulgated in November 23, 1949, which is administered by customs. Basic Law The "Customs Law" consists of 11 chapters and 243 articles, including general provisions, valuation and taxation, spanportation equipment, bonded areas, customs spanportation, customs liquidation, customs authorities, making provisions, investigation and handling. Customs tariff rates are attached to the "Customs Law".

2, the "special law on customs refund" has been implemented in order to encourage exports and simplify customs clearance procedures. The Republic of Korea has implemented a tax rebate system for raw materials used in some export commodities. "Customs special tax refund law" was promulgated on July 1975, 1 days.

3, the customs regulations of the Republic of Korea on customs brokers were originally set up in the "Customs Law". Since July 1, 1996, the relevant customs officers have been separated from the Customs Law and promulgated and implemented the "Customs Law".

4. Other relevant laws: tariff reduction and exemption of import commodities include "exemption tariff law" and "foreign investment guidance law", as well as "free export zone facilities act", "Quarantine Law", "food hygiene law", "medicine law", "high pressure gas management law", "agricultural product inspection law", "product inspection law" and so on.