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investment-taxAnswered

Why can a foreign-invested company in Korea not assume imported capital goods are automatically tax-exempt?

HK
Hyejin Kim
May 29, 2026 1 answer
South Koreaforeign-invested companycapital goodstax exemption

Reader scenarios in this library are editorially curated from common questions; names shown are illustrative. Answers are written and reviewed by the TaxGuided editorial team. See our editorial standards.

A foreign-invested business hears that certain imported equipment may be exempt from customs-related taxes in Korea and starts assuming every qualifying-sounding machine will pass automatically. Please explain why this relief is more conditional than that.

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