Is export declaration required when shipping rewards for global projects?

Export declaration is required when shipping rewards overseas for global projects.

However, since it is a B2C reverse direct purchase structure that directly delivers small quantities to individual supporters, not a typical B2B export, in most cases, you can easily declare using the 'Simplified Export Declaration' method.

 


✅What is a Simplified Export Declaration?

  • This is a method that allows you to declare export goods with a total taxable value of KRW 4 million or less through a simplified procedure.

  • It is suitable for small-scale exports or e-commerce-based exports because it can be easily declared through electronic declaration with only basic documents such as invoices and packing lists.

  • At this time, the 'total taxable value' is calculated based on the total transaction amount paid by one supporter at a time, not the unit price of a single product. If a supporter purchases multiple Rewards at the same time, a simplified export declaration is possible only if the total payment amount of one supporter does not exceed KRW 4 million.

[Example: When a maker sells A Reward (KRW 200,000), B Reward (KRW 1 million), and C Reward (KRW 5 million)]

Supporter Reward Details Total quantity purchased Total taxable value

Simplified Export Declaration

Availability 

Explanation
'A' supporter A Reward (KRW 200,000) 5  KRW 1 million Available

Under KRW 4 million

Simplified export declaration possible

'B' supporter B Reward (KRW 1 million) 5  KRW 5 million Not available

Exceeds KRW 4 million

Subject to general export declaration

'C' supporter C Reward (KRW 5 million) 1  KRW 5 million Not available

Even a single Reward exceeds KRW 4 million

Subject to general export declaration

'D' supporter 1 A Reward (KRW 200,000),
1 B Reward (KRW 1 million)
2  KRW 1.2 million Available Simplified export declaration is possible because the total purchase amount is less than KRW 4 million even though 2 items were purchased

Was this article helpful?

Have more questions? Submit a request