ECCK News
General News
In October, the Chamber actively involved in facilitating dialogues with the Korean and European governments. The highlights include the Chairperson Participation to the Opening Ceremony of KORMARINE 2021.
ECCK Chairperson Participates to the Opening Ceremony of KORMARINE 2021
October 20, 2021
On October 19, ECCK Chairperson Dirk Lukat participated in the opening ceremony of KORMARINE 2021 to promote EU activities in the maritime sector. He participated in the ribbon cutting of the event together with the Vice Mayor for Economic Affairs of Busan Metropolitan Government, the Chairperson of Korea Marine Equipment Association, the President of Korea Marine Equipment Research Institute, the President of Korea Research Institute of Ships & Ocean Engineering, the President of Korea Maritime & Ocean University, etc. The ceremony ended with a guided tour of the exhibition.
ECCK Attends Job Fair for Foreign-Invested Companies
October 27, 2021
On October 21, ECCK Vice Chairperson Jan Benggaard attended the 16th Job Fair for Foreign-Invested Companies 2021 organized by KOTRA at the SETEC.
The Job Fair is an annual event held for foreign-invested companies in Korea. Having been held since 2006, it is the oldest and the largest of its kind in Korea. KOTRA Job Fair for Foreign-Invested Companies connects many foreign-invested companies with job seekers each year to provide a robust source of talents for foreign-invested companies in Korea.
ECCK Tax Forum: Update on Recent Tax Law Amendments for 2022
October 28, 2021
On October 26, the ECCK hosted a tax forum on the update on Tax Amendments 2022 in partnership with PWC Korea.
Led by two speakers from PWC Korea, Robert Browell (Partner, PWC Korea) and Joon Yang (Executive Director, PWC Korea) the session provided an overview of the main proposals that will impact foreign invested corporations and individuals in Korea and further covered proposed changes to corporate and individual tax laws and transfer pricing. The session was successfully held with about 70 people participating.
The ECCK would like to thank all participants for joining the forum and also appreciate the two speakers from PWC Korea for sharing their expertise.
We hope that this session could help all foreign invested member companies’ to prepare for your next year’s business!
ECCK Marine and Shipbuilding Committee Meeting x KORMARINE 2021
October 20, 2021
In the morning of October 19, the Marine and Shipbuilding Committee (M&S CMT) had its fourth meeting in collaboration with KORMARINE (International Marine, Shipbuilding, Offshore, Oil & Gas) exhibition. It was kicked off with members sharing industry updates through networking then the members attended the opening ceremony where the ECCK Chairperson participated as a VIP.
It was then followed by the exhibition’s tour mainly focused in our M&S committee members booths, where members had a short presentation from ABB, Bosch Rexroth, Burckhardt Compression, CEJN, Kongsberg Maritime, Wärtsilä, etc.
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Recognition of Vaccination Overseas
October 6, 2021
The Korean government is planning to recognize the vaccinated overseas history in stages and issue a confirmation letter. The range of vaccines recognized by the World Health Organization (WHO) is AstraZeneca (including Kobishield), Pfizer, Moderna, Janssen, Sinopharm, and Sinovac.
First of all, among the vaccinated overseas, domestic and foreign nationals, USFK, diplomatic missions in Korea, and accompanying family members who have received a quarantine exemption letter from the Korean embassy should submit the certificate of overseas vaccination and the quarantine exemption letter to the public health center in Korea to be registered in the domestic vaccination system. Then they could receive the certificate (paper or electronic) of vaccination.
After registration, verification of vaccination history through the application ‘CooV’ from October 7 would be possible. Incentives for those who have completed vaccinations, such as exceptions to the limit of the number of private meetings, will be able to receive the same quarantine principles as those for domestic vaccinations.
Among the vaccinated overseas who entered the country without a letter of quarantine exemption, a plan for recognition of overseas vaccination history will be prepared as soon as possible.
The ECCK has recommended on September 8 and additionally on September 24 in a concerted initiative with other European country chambers to the Korean administration to accept vaccination certificates issued overseas. It is with great pleasure to see that the Korean administration has accepted our recommendation and we hope it will bring certain facilitation for the European business community here in Korea.
ECCK White Paper 2021 Publication Now Available
October 6, 2021
The Korean government is planning to recognize the vaccinated overseas history in stages and issue a confirmation letter. The range of vaccines recognized by the World Health Organization (WHO) is AstraZeneca (including Kobishield), Pfizer, Moderna, Janssen, Sinopharm, and Sinovac.
First of all, among the vaccinated overseas, domestic and foreign nationals, USFK, diplomatic missions in Korea, and accompanying family members who have received a quarantine exemption letter from the Korean embassy should submit the certificate of overseas vaccination and the quarantine exemption letter to the public health center in Korea to be registered in the domestic vaccination system. Then they could receive the certificate (paper or electronic) of vaccination.
After registration, verification of vaccination history through the application ‘CooV’ from October 7 would be possible. Incentives for those who have completed vaccinations, such as exceptions to the limit of the number of private meetings, will be able to receive the same quarantine principles as those for domestic vaccinations.
Among the vaccinated overseas who entered the country without a letter of quarantine exemption, a plan for recognition of overseas vaccination history will be prepared as soon as possible.
The ECCK has recommended on September 8 and additionally on September 24 in a concerted initiative with other European country chambers to the Korean administration to accept vaccination certificates issued overseas. It is with great pleasure to see that the Korean administration has accepted our recommendation and we hope it will bring certain facilitation for the European business community here in Korea.
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