International Trade
Global Guide 2024 : South Korea
Band 3
Email address
[email protected]Contact number
+82 2 528 5200About
Provided by Yulchon LLC
Department’s Key Areas Include:
- Free Trade Agreement (FTA)-related Consulting Service and Support of Export Companies
- International Investment Agreement-related Consulting Service
- Antidumping duty, countervailing duty and safeguard cases
- WTO Dispute Case – Third Party Participation
- WTO-related Consulting Service
- Digital Trade
- Intellectual Property Service
- Consulting Service on Transfer Pricing and International Trade
- Customs Audit Defense and Customs Appeal Service
- Customs-related Criminal Investigations
- Economic Sanctions Related Matters
- Export Control Related Matters
Chambers Review
Yulchon has a respected legal practice in South Korea, widely recognised for its capabilities in handling economic sanctions, customs and export control matters. It offers a range of international trade expertise ranging from free trade agreements to trade safeguard measures. The firm is also adept at handling transfer pricing, trade remedies and appeals. It regularly assists with criminal investigations in relation to customs, foreign exchange and cross-border trade. Yulchon's key clients include KOGAS, USANA Health Science Korea and The Swatch Group Korea.
Work Highlights
- Yulchon represented GANSEOK Industrial Lumber in a tax tribunal hearing to challenge the classification by Korean customs of a wood imported from Indonesia as a tropical wood, which attracts high tariffs, in a dispute over whether trade name or species designation should form the basis for this judgment.
Strengths
Provided by Chambers
"The team has an excellent understanding of international export controls and trade sanctions."
"Yulchon's attorneys are focused, responsive, knowledgeable and very detail-oriented."
"The team has an excellent understanding of international export controls and trade sanctions."
"Yulchon's attorneys are focused, responsive, knowledgeable and very detail-oriented."
Notable Practitioners
Shin Tong-chan is particularly well known for his practice advising domestic clients on economic sanctions issues involving a range of jurisdictions including Iran, Russia and North Korea. He is equipped to advise private entities and governmental bodies.
"Tong-chan is delightful to work with. He has extensive knowledge of clients' businesses and engages constructively on the legal issues that clients encounter. He is skilful at conveying expectations and timelines, and always responsive."
"Shin Tong-chan is a well-respected practitioner and sought-after counsel."
Ranked Lawyers at
Yulchon LLC
South Korea
Members
Provided by Yulchon LLC
Clients
Provided by Yulchon LLC
Burberry Limited
Gucci Korea Inc
Hyundai Engineering and Construction
Hyundai Merchant Marine
Lush Limited
P&G Korea(Procter & Gamble)
POSCO
Puma Korea Limited
Yokogawa Electric Corporation
Industries
Provided by Yulchon LLC
Aerospace & Defence
Automobiles & Parts
Chemicals
Construction & Materials
Consumer Product Manufacturing
Education
Energy
Food & Drink Producers
Health Care
Industrial Engineering
Mining & Metals
Pharmaceuticals & Life Sciences
Private Clients / Individuals
Retail
Software & Computer Services
Technology, Hardware & Electronics
Telecommunications
Transportation
Utilities