한-필리핀 FTA를 활용한 기업의 특혜관세 적용 방안에 관한 연구 = A Study on the Application of Preferential Tariffs by Companies Using Korea-Philippines FTA

다국어 초록 (Multilingual Abstract)

This study investigates the application of preferential tariff schemes under the Korea–Philippines FTA, which entered into force on December 31, 2024. The purpose is to present practical approaches for Korean firms to utilize preferential tariff benefits, with reference to the Korea–ASEAN FTA and the RCEP as comparative frameworks.
The Korea-Philippines FTA will play an important role in promoting bilateral trade and strengthening economic cooperation and if tariffs are removed or lowered due to the FTA’s effectuation, the final consumer price of Korean products will be lowered allowing more Filipino consumers to purchase them.
In addition tariff cuts in durable goods such as auto parts home appliances and industrial machinery will induce local producers in the Philippines to purchase Korean parts expanding export opportunities for Korean small and medium-sized companies.
The most direct benefit of our companies is tariff reduction and SMEs need an accurate understanding and thorough preparation of regulations including rules of origin to effectively utilize FTA preferential tariffs and certification of origin can be complex and time-consuming so you should consider consulting with a customs agent a trade expert in advance.