Korea Customs Service announced registration obligation to purchase agents

​​​​​​​EC Weekly Picks 韓国旗

On June 22, the Korea Customs Service announced a law that requires purchase agents to register from July 1 in order to strengthen purchase agent management in online shopping, and protect the interests of domestic consumers. Specifically, in order to prevent illegal customs clearance by filing a low price by purchasing agents, if the total amount of imported goods in the last year exceeded 1 billion won (about 98 million yen), they have to submit a registration application and attached documents to the customs, and obtain a "Purchase Agent Registration Code" from the customs. In addition, there is a one-year grace period until June 30, 2022.

Source: Ashu Economy "Korean Customs Service Implements Registration System for Overseas Direct Purchase Agents from July" (June 22, 2021) (link available in Japanese only)

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