No. 18660
Promulgation Date 2021-12-28
Ministry of Trade, Industry and Energy
ALL
CHAPTER I GENERAL PROVISIONS
Article 1 (Purpose)
Article 2 (Definitions)
Article 3 (Relationship to Other Statutes)
CHAPTER II DESIGNATION OF FREE TRADE ZONES
Article 4 (Designation of Free Trade Zones)
Article 5 (Requirements for Designating Free Trade Zones)
Article 6 (Changes in Free Trade Zones)
Article 7 (Designation of Prospective Free Trade Zones)
CHAPTER III ADMINISTRATION OF AND MOVING INTO FREE TRADE ZONES
Article 8 (Administrative Authority)
Article 9 (Categorization of Free Trade Zones)
Article 10 (Occupancy Requirements)
Article 10-2 (Types of Business Subject to Restriction on Occupancy)
Article 11 (Occupancy Contracts)
Article 12 (Grounds for Disqualification)
Article 13 Deleted.
Article 14 (Reporting on Completion of Construction of Factories)
Article 15 (Termination of Occupancy Contracts)
Article 16 (Notification of Occupancy Contracts)
Article 16-2 (Issuance of Occupant Enterprise Management Codes)
Article 17 (Rental or Sale of State-Owned Land or Factories)
Article 18 (Rental or Sale of Public-Owned Land or Factories)
Article 19 (Deferred Payment of Purchase Price of Land or Factories and Payment thereof in Installments)
Article 20 (Rent Reduction or Exemption)
Article 21 (Notices Demanding Payment of Rents and Dispositions Taken to Collect Rents in Arrears)
Article 22 (Installation of Permanent Facilities)
Article 23 (Special Cases concerning Construction of Factories)
Article 24 Deleted.
Article 25 (Restrictions on Disposal of Land or Factories)
Article 26 (Use of Land or Factories Acquired through Auction)
Article 27 (Installation of Control Facilities)
Article 28 (Maintenance Costs of Joint Facilities)
Article 28-2 (Guidelines for Operation of Free Trade Zones)
CHAPTER IV CARRYING GOODS INTO FREE TRADE ZONE, IMPORTING, AND CONTROLLING THE SAME
Article 29 (Carrying Goods into Free Trade Zones or Importing the Same)
Article 29-2 (Reporting on Use and Consumption)
Article 30 (Release from Korea or Export of Foreign Goods)
Article 31 (Confirmation of Shipment of Domestic Goods out of Free Trade Zones)
Article 32 (Special Cases concerning Approval of Export or Import)
Article 33 (Temporary Shipment of Foreign Goods out of Free Trade Zones)
Article 34 (Work Performed outside Free Trade Zones)
Article 35 (Declaration of Release of Goods Processed or Repaired through work Performed outside Free Trade Zones)
Article 36 (Bonded Transportation)
Article 37 (Release of Goods)
Article 38 (Inventory Records)
Article 39 (Inspections of Current State of Inventory Management by Occupant Enterprises)
Article 40 (Disposal of Goods)
Article 40-2 (Suspension of Shipments into Free Trade Zones)
Article 41 (Prohibition from Shipping Goods into or out of Free Trade Zones)
Article 41-2 (Protection of Intellectual Property Rights)
Article 42 (Inspections of Goods)
Article 43 (Application of the Customs Act)
CHAPTER V IMPOSITION, REDUCTION AND EXEMPTION OF CUSTOMS
Article 44 (Standards for Levying Customs on Goods Produced in Free Trade Zones)
Article 45 (Exemption or Refund of Customs)
Article 46 (Exemption of Customs in Prospective Sites)
Article 47 (Reduction or Exemption of Taxes, including Corporate Tax)
Article 48 (Exemption from Traffic-Congestion Charges)
Article 49 (Support for Technology Development by Occupant Enterprises)
Article 49-2 (Formulation of Plans to Promote Projects to Enhance Competitiveness of Free Trade Zones)
CHAPTER Ⅵ SUPPLEMENTARY PROVISIONS
Article 50 Deleted.
Article 51 (Establishment of Administrative Agencies)
Article 52 Deleted.
Article 53 Deleted.
Article 54 (Hearings)
Article 55 (Delegation and Entrustment of Authority)
Article 55-2 (Legal Fiction as Public Officials for Purposes of Penalty Provisions)
CHAPTER VII PENTALTY PROVISIONS
Article 56 (Penalty Provisions)
Article 57 (Penalty Provisions)
Article 58 (Penalty Provisions)
Article 59 (Penalty Provisions)
Article 60 (Penalty Provisions)
Article 61 (Penalty Provisions)
Article 62 (Abetters)
Article 63 (Confiscation of Transport Apparatus Exclusively Used for Smuggling)
Article 64 (Confiscation of Goods Used for Committing Offences)
Article 65 (Offences of Acquiring Smuggled Goods)
Article 66 (Concurrent Imposition of Imprisonment with Labor and Fine)
Article 67 (Confiscation and Additional Collection)
Article 68 (Joint Penalty Provisions and Exclusion of Provisions of the Criminal Act)
Article 69 (Investigations and Dispositions)
Article 70 (Administrative Fines)
ADDENDA <Act No. 7210, Mar. 22, 2004>
ADDENDA <Act No. 7335, Jan. 14, 2005>
ADDENDA <Act No. 7864, Mar. 3, 2006>
ADDENDA <Act No. 8085, Dec. 26, 2006>
ADDENDA <Act No. 8138, Dec. 30, 2006>
ADDENDA <Act No. 8356, Apr. 11, 2007>
ADDENDA <Act No. 8566, Jul. 27, 2007>
ADDENDA <Act No. 8616, Aug. 3, 2007>
ADDENDA <Act No. 8829, Dec. 31, 2007>
ADDENDA <Act No. 8852, Feb. 29, 2008>
ADDENDA <Act No. 9071, Mar. 28, 2008>
ADDENDUM <Act No. 9243, Dec. 26, 2008>
ADDENDA <Act No. 9374, Jan. 30, 2009>
ADDENDA <Act No. 9401, Jan. 30, 2009>
ADDENDA <Act No. 9587, Apr. 1, 2009>
ADDENDA <Act No. 9780, Jun. 9, 2009>
ADDENDA <Act No. 10590, Apr. 14, 2011>
ADDENDA <Act No. 10808, Jun 30, 2011>
ADDENDA <Act No. 11020, Aug. 4, 2011>
ADDENDA <Act No. 11029, Aug. 4, 2011>
ADDENDA <Act No. 11042, Sep. 15, 2011>
ADDENDA <Act No. 11458, Jun. 1, 2012>
ADDENDA <Act No. 11690, Mar. 23, 2013>
ADDENDA <Act No. 12301, Jan. 21, 2014>
ADDENDA <Act No. 13782, Jan. 19, 2016>
ADDENDA <Act No. 13797, Jan. 19, 2016>
ADDENDA <Act No. 13856, Jan. 27, 2016>
ADDENDA <Act No. 14113, Mar. 29, 2016>
ADDENDA <Act No. 15575, Apr. 17, 2018>
ADDENDUM <Act No. 17192, Apr. 7, 2020>
ADDENDA <Act No. 17219, Apr. 7, 2020>
ADDENDA <Act No. 17883, Jan. 5, 2021>
ADDENDA <Act No. 18279, Jun. 15, 2021>
ADDENDUM <Act No. 18660, Dec. 28, 2021>