FTA CONSULTING SERVICES

Current FTA status of Korea, Republic

FTA
Chile Singapore EFTA ASEAN India EU Peru USA Turkey Australia Canada China New
Zealand
Vietnam Columbia
Effective
since
2004.4.1 2006.3.2 2006.9.1 2007.6.1
(differ by
countries)
2010.1.1 2011.7.1 2011.8.1 2012.3.15 2013.5.1 2014.12.12 2015.1.1 2015.12.20 2015.12.20 2015.12.20 2016.7.15
EFTA
:Switzerland, Norway, Iceland, and Liechtenstein (4 countries)
ASEAN
:Malaysia, Singapore, Vietnam, Myanmar, Indonesia, Philippines, Brunei, Laos, Cambodia, and Thailand (10 countries)
EU
:Austria, Belgium, Bulgaria, Croatia, Republic of Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia,
Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, and UK.

Rule of Origin

01
Definition of
Country of
Origin
  • Country of Origin is a term used to generally refer to the country in which an animal or a plant originates from or
    the land where raw materials and products were first produced. Just as people acquire nationality when they are born,
    commodities have their own nationality called Country of Origin.
  • Since there are a number of cases where a product is made of raw materials from different countries or manufactured
    in more than two countries, the determination of the country of origin of goods is becoming more and more difficult.
02
The Rule of
Origin Determination
  • FTA aims to increase trade among the signatories. Hence, the FTA preferential tariff rates are only applicable to the
    specific products that are originating from the contracting countries. However, even when the products are originating
    from the contracting countries, if the products do not meet the rule of origin determination, the FTA preferential tariff
    rates are not applicable. Therefore, special attention needs to be paid for the rule for the country of origin.

Certificate of Origin

FTA Certificate of Origin certifies that the exported goods meet the rule of the country of origin set by the
FTA Agreement, and is applicable to preferential tariff rates. There are two types of certificate of origin depending
on the method of issuance: Issuance by the authority, and Self Issuance

Category Chile Singapore EFTA ASEAN India EU Peru Turkey U.S.A
Method of
Issuance
Self-issuance Issuance by
the authority
Self-issuance Issuance by
the authority
Issuance by
the authority
Self-issuance Self-issuance Self-issuance Self-issuance
Issuer Exporter *Customs
*The Commerce of
Commerce & Industry
*Administration
Agencyof Free
Trade Zone
Exporter Government Export
Inspection
Agency
Exporter/
Approved Exporter
only for 6,000euro
or more
Exporter Exporter Exporter,
Producer,
Importer
Certification
Form
Unified
Certification
Form
Specific
Certification
Form
Invoice Unified
Certification
Form (AK)
Unified
Certification
Form
Invoice Unified
Certification
Form
Invoice Recommended
Form
Validity
Period
2 years 1 year 1 year 1 year 1 year 1 year 1 year 1 year 4 years
Language English Languages of
each country
English English,
Korean
Usage Count Principle of Single Usage Comprehensive
issuance
available within
12 months
Category Australia Canada China Vietnam New Zealand Colombia
Method of
Issuance
Self-Issuance / Issuance by the authority Self-Issuance Issuance by the authority Issuance by
the authority
Self-Issuance Self-Issuance
Issuer *Exporter/Producer
*Australian Authority
Exporter/Producer *Chinese Authority
*Korean Authority
*Vietnamese
Authority
*Korean Authority
Exporter/Producer Exporter/Producer
Certification
Form
Standardized Form Unified
Certification Form
Unified Certification Form Unified
Certification Form
Invoice /
Recommended Form
Unified
Certification Form
Validity
Period
2 year 2 year 1 year 1 year 2 year 1 year

Types of Issuance

Issuance by the Customs
  • KCS
    Homepage
  • Approval for the
    use of Customs
    Clearance Portal
  • Purchase of
    e-Certificate
  • Log in
  • Completion of C/O
  • Approval of
    Customs
  • Issuance (Print)
Issuance by the KOREA Chamber of Commerce and Industry (KCCI)
  • KCCI
    Homepage
  • Registration of
    Signature of the
    Applicant
  • Purchase of
    e-Certificate
  • Log in
  • Completion of C/O
  • Approval of KCCI
  • Issuance (Print)

Approved Exporter

Approved Exporters by the Customs authorities are granted the right to issue Certificate of Origin (KOR-EU FTA) and
the benefits of submittingless documents, as having the ability to certify the country of origin of their products.

Benefits of Approved Exporter
Agreem Before Approval After Approval
KOR-ASEAN
KOR-Singapore
KOR-India
  1. Completion of application form (Online)
  2. Submission of supporting documents
    • -

      Copy of Certificate of acceptance of Export declaration
      (omitted when electronically proved)

    • -

      An invoice or a Contract of Deal

    • -

      Origin Confirmation


      (When producer and exporter are different)
    • -

      Origin Calling

    • -

      Supporting document for Origin Calling

  3. On-site Investigation (when needed)
  1. Completion of application form (Online)
  2. Omission of submission of supporting documents
  3. On-site investigation can be omitted
KOR-EU
  1. /O self-issuance available when exporting €6,000
    and under (available for preferential duty rate)
  2. Self-issued C/O (when declaring with an invoice)
    with the exporter’s signature required
  3. Electronic documents not useable
  1. C/O self-issuance available when exporting more than €6,000
    in case of approved exporter only (available for preferential duty rate)
  2. Self-issued C/O (when declaring with an invoice) without the exporter’s
    signature possible
  3. Electronic documents not useable
KOR-EFTA
  1. Self-issued C/O (when declaring with an invoice)
    with the exporter’s signature required
  2. Electronic documents not useable
  1. Self-issued C/O (when declaring with an invoice) with the exporter’s
    signature exemption
  2. Electronic documents not useable
KOR-Peru C/O self-issuance available when exporting USD 2,000
and under (available for preferential duty rate)
C/O self-issuance available for only approved exporters
when exporting over USD 2,000
Others Not Applicable




Types of Approved Exporter
Type Customs Aproved Registered Exporter Customs Approved Registered Exporter by Item
Benefit
range
Every agreement, and every item Only on approved agreement for approved 6-digit HS CODE items
Validity
Period
5 years 5 years (varied upon the compliance score)
Approving
Authority
Main Customs (Seoul, Busan, Incheon, Daegu, and Gwanju), and Pyeongtaek Customs
Approval
Requirement
  • Ability to certify the country of origin
  • Law Compliance by signatories
  • Ability to certify the country of origin
  • Law Compliance by signatories
Approvad Exporter Mark

Country of Origin Verification

A series of administrative procedure to check whether the goods meet the rule for the country of origin
in accordance with Agreements or national law, and to impose penalties to violators

Method of the Country of Origin Verification
Agreements Method Verification Body
KOR-Chile Direct Verification Customs of the Importing Country
KOR-Singapore Direct Verification Customs of the Importing Country
KOR-EFTA Indirect Verification Customs of the Exporting
(Observed by the Customs of the Importing Country)
KOR-ASEAN (Principle)Indirect Verification
(Exception)Direct Verification
(KOR) Customs, (ASEAN) Issuing Authority / Customs (SG, PH)
KOR-India (KOR) Customs, (IN) Issuing Authority
KOR-China Indirect Verification, Direct Verification Customs of the Exporting, Customs of the Importing Country
KOR-EU,
KOR-Turkey
Indirect Verification Customs of the Exporting
KOR-Peru Indirect Verification, Direct Verification Customs of the Exporting, Customs of the Importing Country
KOR-Colombia Indirect Verification, Direct Verification Customs of the Exporting, Customs of the Importing Country
KOR-Vietnam Indirect Verification, Direct Verification (KOR) Customs, (VN) Issuing Authority
KOR-US Direct Verification, (Textiles)Indirect Verification Customs of the Importing Country
(Textiles) Customs of Importing/Exporting Country
KOR-Australia Direct Verification, 호:간접검증병행 Customs of the Importing Country, (AU) Issuing Authority
KOR-Canada Direct Verification Customs of the Importing Country
KOR-New Zealand Direct Verification Customs of the Importing Country