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South Korea treats gold and the gold market as contrary to being just a commodity or investment option solely for rich people. It makes efforts to make bullion more accessible to the masses by introducing smaller gold bars weighing between 3.75 grams and 100 grams. The commemorative coins of the Seoul 1988 Olympics minted by KOMSCO are the most popular coins from South Korea. Although it is ...

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South Korea’s prospering export economy and increasing free trade with diverse regions create an advantageous climate for companies seeking to export from Korea. In order to maintain a successful and compliant export business, exporters must stay informed of South Korea’s export laws and regulations. Laws Regulations The Foreign Trade Act (last amended in 2016) is the main law

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Collecting VAT in South Korea. Once you’re registered for taxes, you’re expected to charge 10% VAT on every sale to a South Korean resident. If your customer is a fellow business, and they’ve provided a valid VAT number, then adding and collecting tax isn’t necessary! The buyer will handle tax, via South Korea's reverse-charge mechanism.

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