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Import VAT additionally charged by customs not refundable

Yulchon LLC
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United Kingdom
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May 3 2013

The Ministry of Strategy and Finance ("MOSF") announced the planned amendment to the VAT Act Enforcement Decree on April 18, 2013

Korea Fair Trade Commission decides to adopt consent decrees program

Yulchon LLC
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South Korea
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April 26 2013

On April 24, 2013, the newly appointed Chairman of the Korea Fair Trade Commission the (the "KFTC") submitted its policy report to the President Park

Update on the current status of linking patents to generic drug approval

Yulchon LLC
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South Korea
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April 4 2013

It has been a year since the drug approval-patent linkage system was introduced to Korea as part of implementing the Korea-US Free Trade Agreement

Intensified audits of foreign-invested companies by customs and preparation by taxpayers

Yulchon LLC
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South Korea
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April 3 2013

The Korea Customs Service ("KCS") recently formed a task force to 'Crack Down on Black Economy' and announced its policy to aggressively go after

Introduction of strengthened regulatory regime applicable to illegal medical rebates

Yulchon LLC
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South Korea
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April 3 2013

On March 23, 2013, the Ministry of Health and Welfare announced amendments to the enforcement regulations of the Pharmaceutical Affairs Act (the

How to select employees for termination in 'reasonable and fair' manner

Yulchon LLC
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South Korea
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February 27 2013

Article 24 of the Labour Standards Act provides that in order for a termination for business needs to be valid, an urgent business need must exist and

Three notices issued by the Korea Communications Commission (KC) in accordance with the amendments of the Information and Communication Network Act will take effect on February 18, 2013

Yulchon LLC
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South Korea
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February 18 2013

The KCC has announced that three notices (the "Notices") issued pursuant to recent amendments of the Act on Promotion of Information and

On December 27, 2012, the Supreme Court suggested criteria for recognition of damages resulting from personal information leakage

Yulchon LLC
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South Korea
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February 18 2013

GS Caltex Corporation recently prevaield in a landmark Supreme Court group action seeking compensation for damages incurred to bonus card members

The Cloud Computing Bill opened to public comments in July 2012 is expected to be passed into law this year

Yulchon LLC
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South Korea
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February 18 2013

In May 2011, Ministry of Knowledge and Economy, Ministry of Public Administration and Safety and the KCC jointly announced "Strategies for Promoting

Mobile telephone authentication method in lieu of resident registration number will be implemented this year

Yulchon LLC
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South Korea
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February 18 2013

The amendments of the Information and Communication Network Act will take effect on February 18, 2013. Under the Act, only certain KCC-designated

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Search results

Import VAT additionally charged by customs not refundable

Korea Fair Trade Commission decides to adopt consent decrees program

Update on the current status of linking patents to generic drug approval

Intensified audits of foreign-invested companies by customs and preparation by taxpayers

Introduction of strengthened regulatory regime applicable to illegal medical rebates

How to select employees for termination in 'reasonable and fair' manner

Three notices issued by the Korea Communications Commission (KC) in accordance with the amendments of the Information and Communication Network Act will take effect on February 18, 2013

On December 27, 2012, the Supreme Court suggested criteria for recognition of damages resulting from personal information leakage

The Cloud Computing Bill opened to public comments in July 2012 is expected to be passed into law this year

Mobile telephone authentication method in lieu of resident registration number will be implemented this year

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