CONTENTS
- 1. Export Control | Overview
- - The importance of exporting businesses
- 2. Export control | Major risk and punishment
- - Foreign Trade Law
- - Skills
- - Terms
- - Law on Northeast Cooperation
- - Defense Business Act
- 3. Export control | Pre-engineering system for motorcycles
1. Export Control | Overview
Exportation
The importance of exporting businesses
Extrusion prevention is not a problem of dissipation and energies.
Semiconductor, communication equipment, drone, optical equipment, software, etc. It is a military-only dual-use item that handles the company’s normative target.
If you do not export without permission or properly check the end user, a great criminal penalty and administrative matter will be back. News /p>
2. Export control | Major risk and punishment
No single law, It is a structure which is applied to each other according to the item and nature.
Exporting companies must accurately understand that their items are subject to the norms of any law. News br>
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Foreign Trade Law
The Foreign Trade Act is a basic law of Korean export control. Strategies and dual-use items must be exported in advance.
Professsion system for self-propelled system and professional organization is operated Exporters must confirm the end user/end use.
Even if the item is not designated as a strategic item, if there is a risk of it being used for the development of weapons of mass destruction, a situation permit must be obtained.
Violation | Punishment Level |
Unauthorized export of strategic materials | Imprisonment of up to 7 years or a fine of up to 5 times the price of the goods |
Unauthorized export of goods subject to situational authorization | Imprisonment of up to 5 years or a fine of up to 3 times the price of the goods |
Obtaining export license by false or fraudulent means | Imprisonment of up to 5 years or a fine of up to 3 times the price of the goods |
Import and export of restricted goods without approval | Imprisonment of up to 3 years or a fine of up to 30 million won |
Violation of a stop movement order or obstruction of a stop movement measure | Imprisonment for not more than 5 years or not more than 100 million won Fine |
Administrative sanctions (import and export restrictions) | Restrictions on import and export of strategic materials within 3 years |
Administrative sanctions (fine) | Fine not exceeding 20 million won, Imposition of education order |
Skills
The raw material safety law is strictly managed through export authorization to prevent the development of nuclear weapons and nuclear weapons.
One Magnetic Safety Council is responsible for the export permit for NSG (one Magnetic Power Supply Group) Part 1 nuclear power-only items. The nuclear weapons of the national government, IAEA safety check-in and check-out
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Terms
Customs law governs export declaration and customs clearance stage, Infrared and exported in terms of export control, Vietnamese We have a strong penalties for act such as exemption,.
Export of export goods, It is a representative violation type, such as camouflage exporting as false items. News /p>
Law on Northeast Cooperation
South Korea Exchange Cooperation Law governs South Korea’s interdisciplinary and cooperation business and human dynasty Releases and returns of large-sized goods must be approved of the unified collection.
The return of the Daebuk material through the trade may be the subject of this law, In case of accidental contact in overseas, the reporting obligation may occur. News br>
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Defense Business Act
The defense business law strictly governs the export and medium of defense and defense science.
In order to honor export business, you must report it to the defense business office. Any permit for each export.
Specification of U.S. ITAR may be required separately, if the U.S. parts and technologies are included in the U.S. Fisheries. You must comply with domestic laws and overseas export regulations at the same time. News br>
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3. Export control | Pre-engineering system for motorcycles
The United States BIS·OFAC is a complex risk zone that can be invested at the same time.
Specific strategy, defense, and loan transactions are applied to multiple statutes and international norms, so one transaction will not be able to construct multiple violations simultaneously. News <% if (imgObj.width >= imgObj.height) { %> <% if (image rate > 5) { %> If you have any questions, please feel free to contact us.
The law firm has a number of clients who have experience in export control, customs, and international interpretation.
If you need legal advice regarding export control,
