The Korea Customs Service will introduce the "customs compliance verification system" included in the Ministry of Finance and Economy's 2026 tax law amendment proposal. A pilot is scheduled for 2027, with full implementation from 2028.
- Eligibility: Mid-sized and small companies with annual import value under USD 30 million. AEO companies are excluded.
- Designation: Apply to the customs office with jurisdiction at least 2 months before the end of the tax year. The designation is valid for 5 years.
- Verification report: A "compliance verification report" prepared by an expert such as a Licensed Customs Broker must be submitted to customs within 3 months after the end of the tax year.
- Benefits: Reduced or waived inspection of imported goods, and reduced additional tax if errors found in the review are corrected
Source: Policy Briefing, Korea Customs Service press release (August 14, 2026)