Gumi Chamber of Commerce Holds 'Tax Seminar to Support Overseas Expansion of Companies'

Supporting Successful Entry into Global Markets
Strengthening Companies' External Competitiveness

The Gumi Chamber of Commerce and Industry in North Gyeongsang Province, in collaboration with the Daegu Regional Tax Office, held a 'Tax Seminar to Support Overseas Expansion of Companies' at 2 p.m. on Tuesday, May 19, 2026, in the first-floor conference room for executives and employees of local companies that have entered or are planning to enter overseas markets.

This seminar was organized to support local companies' successful entry into global markets and to strengthen their external competitiveness amid an increasingly complex international tax environment.

The seminar focused on essential practical topics needed at every stage, from the initial phase of overseas investment to operation and management, as well as liquidation and tax administration support.

On this day, Myungji Ryu, investigator from the International Taxation Team 3 of the National Tax Service, led the session as the instructor. She explained, using case studies, the essential step-by-step practical processes such as filing reports for overseas direct investment, issuing unique identification numbers for overseas subsidiaries, submitting documents for overseas subsidiaries, and foreign tax credits.

In particular, the seminar addressed important considerations during the liquidation of overseas subsidiaries and introduced specialized tax administration support systems. After the lecture, a detailed Q&A session was held, followed by '1:1 customized tax consultations' to directly resolve individual companies' concerns on-site.

Shim Kyujeong, team leader at the Gumi Chamber of Commerce and Industry, stated, "As more local companies with global competitiveness are expanding overseas, support for various tax filings and administrative procedures that accompany this trend has become essential. We will continue to organize on-site seminars so that our companies can proactively respond to the changing environment."

This tax seminar is expected to enhance the external competitiveness of companies pursuing overseas expansion.

This content was produced with the assistance of AI translation services.