Effective from January 1, 2019, most tax incentives concerning corporate and personal income tax for foreign investors have been nullified. To compensate for this change, the Korean government announced to drastically increase the provision of cash grants. In order to enhance members awareness of such change and the procedures involved, ECCK organized a webinar on …

Please note that the ECCK office will be closed for Chuseok holidays from September 30 to October 4. We will resume normal hours on Monday, October 5. We would like to wish our members and friends the warmest holiday wishes and a joyful Chuseok!

On September 23, ECCK organized its eighth annual IPR Conference.  Taking note of the EU’s Green Deal and the Korean New Deal, this year’s event focused on IP’s potential to help realize plans for a sustainable, greener future. Thanks to the insightful presentations by our remarkable speakers, the audience was shown the importance of IP, …

ECCK has prepared an English translation of the subsidies information for marine equipment and shipbuilding industry released by Busan Metropolitan City. For detailed information, please refer to the Korean version of the document HERE. Constructing multipurpose platforms for marine technology demonstration (Project purpose) Localization of core equipment and materials of ships through marine technology demonstration …

The Ministry of Trade, Industry and Energy (MOTIE) has shared the main changes on Condition for Quarantine Exemption. Establishment of validity period of isolation exemption certificate: The isolation exemption certificate is valid until the first week of entering Korea. After one week, one must apply again according to the application procedure. Establishment of the period …