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					▶ About FORCA




    KOREA FOREIGN COMPANY ASSOCIATION
            Table of Contents


Greetings from the Chairman of FORCA

Mission & History

Organization Chart

Board of Directors

Major Activities & Business

Joining FORCA

Membership Advantages

Regular Meeting - 1

Regular Meeting - 2

FORCA CEO Committee

Foreign Company Law & Management Centre

Foreign Company Risk Management Centre




                              KOREA FOREIGN COMPANY ASSOCIATION
  Greetings from the Chairman of FORCA



                              Dear Colleagues:

                              I would like to express my deepest respect to you and your
                              company for the continuing efforts and valuable contributions
                              to the national economy even with overall tough industrial
                              surroundings.

Korea Foreign Company Association (FORCA) under the Ministry of Commerce, Industry
and Energy (MOCIE), representing about 10 thousands foreign companies, has been
doing the best for the improvement of the rights & interests of foreign & foreign-invested
companies by supporting to settle the difficulties & hardships in business management &
also in their living conditions through suggesting proposals & providing ideas to the
Government & to the related organizations.

While the Government has been trying to invite foreign investments since financial crisis of
1997, which is regarded as a vital element to overcome the difficult economic circumstances
of Korea, by establishing and amending foreign investment-related law.

Also the public recognition toward foreign & foreign-invested companies is gradually getting
better according to their positive role in the country.

Here goes FORCA initiating & assisting to correct & improve the unreasonable traditional
practices, further to provide a better environment through the reformation in regard to
investment and management environment toward the Hub of Northeast Asia and finally for
being an advanced leading country in the world economy globalization trend as the best
place to do business in the world.

As a substantial spokesman for the foreign & foreign-invested companies, I earnestly desire
FORCA could grow & develop together with its newly joining members complying with the
mission & commitment of FORCA.

I greatly appreciate the concerns and supports shown us so far and cordially wish you all the
best of luck and health.

Sincerely Yours,



Young-Seok SOHN
Chairman
Korea Foreign Company Association



                                                  KOREA FOREIGN COMPANY ASSOCIATION
             Mission

 The basic aims of all FORCA functions are:
  a. to support the domestic business operations of foreign companies in the country
  b. to protect FORCA members’ rights & interests
  c. to contribute to their well-being and the national economic development

                        Legal Basis of Foundation : Civil Law article 32
                              Date of Establishment : April 7th, 1978
                          (Ministry of Commerce, Industry and Energy)

             History

11.25,1977    First organizers general meeting had been held.
12.20,1977    Inaugural meeting was held and Ahn,In-Mo took office as the 1st (& 2nd) chairman.
04.07,1978    Authorized by the Ministry of Trade & Industry
05.31,1978    Registered association as a legal entity
06.01,1978    Established an executive office
09.11,1978    Announced by Notification No.78-110 of the Ministry of Trade & Industry
02.28,1979    First regular general meeting was held.
11.01,1980    Appointed as an organization for registration of B-class trade agencies
02.26,1982    Lee, Seung-Woo took office as the 3rd (& 4th, 5th) chairman.
02.28,1989    Pak, Kil-Ung took office as the 6th chairman.
06.   1990    Dispatched an inspection party to the USSR to observe economic affairs
04.16,1992    Kang, Hee-Chul took office as the 7th chairman.
11.30,1993    Won the ‘Presidential Prize’ (Group category) on the 30th Trade Day
02.23,1995    Chang, Hee-Woon (May Depart. Store Int’l Inc. Rep.) took office as the 8th chairman.
06.13,1997    Changed the name of the Society as ‘Korea Foreign Company Association’
05.29,1997    Choi, In-Hak (Motorola Korea Rep.) took office as the 9th chairman.
02.25,1999    Chung, Yong-Hwan (Intel Korea Rep.) took office as the 10th chairman.
05.28,1999    First general meeting of Buying Office Business Club was held.
03.07,2000    Opening of the FORCA-affiliated ‘Foreign Company Law & Management Centre’

01.09,2001    Opening of the FORCA-affiliated ‘Foreign Company Risk Management Centre’

02.22,2001    Re-appointed Chung, Yong-Hwan (Intel Korea Rep.) as the 11th chairman
04.24,2001    Sohn, Young-Seok (Texas Instruments Korea Rep.) took office as the 12th chairman.
08.   2001    Organized Foreign Company CEO Golf Club
12.18.2001    Hosted & celebrated the ‘1st Foreign Company Day’
05.29.2002    Organized & hosted the ‘2002 Seoul Investment Forum’


                                                         KOREA FOREIGN COMPANY ASSOCIATION
Organization Chart

                                       General Meeting


 Board of Directors                        Chairman                             CEO Committee


                                                                                    Auditor
Steering Committee                      Executive Vice
                                          Chairman
                                                                               Ethics Committee
Investment Promotion
     Committee                           Sr. Executive                        Foreign Chambers of
                                       Managing Director                       Commerce Advisory
   Subcommittee
                                                                                   Committee


          Semiconductors


        Trading/Distribution


             Services                                 Foreign Company Law & Management Centre


    Electronics/Electric Industry
                                                      Foreign Company Risk Management Centre

    Heavy Industry/Automobiles

   Chemicals/Chemical Engineering


         Medical/Medicine


              Finance

         Textiles/Garments
                                    Membership               Investment             Business
              Energy                 Division              Support Division         Division
                                      Planning,            Investment               Exhibitions,
           Construction              Information           Support for              Job Bank,
                                    Management,          FORCA Members,             Seminars,
                                    Administration,                                PR/Publishing
           Buying Office                                     & The Other
                                                                                     & Internet
                                        & Data              Supplementary
                                                                                     Business
                                       Network                Business
    Internet/Telecommunication
                                       System

         Importing Agency



                                                 KOREA FOREIGN COMPANY ASSOCIATION
           Board of Directors


No.     Title          Name                     Name of the Company                Duty in the Board

1     Chairman    Sohn,YoungSeok              Texas Instruments Korea Ltd.             President
2      Director   Chang, ByongSeok            Sony Electronics Korea Corp.             Chairman
3      Director   Hwang, KyungSoo               Dow Corning Korea Ltd.                 President
4      Director       Oh, InSik                   Motorola Korea Inc.                  President
5      Director     Lee, JaeWook                    NOKIA tmc Ltd.                     Chairman
6      Director   Chung, KwangEun                  Fuji Xerox Korea                    President
7      Director      Gene S Yoon                     Fila Korea Ltd.                   President
8      Director     Lee, YoungSoo                 ST Microelectronics                  President
9      Director     Park, GunWoo             Toyota Motor Korea Co., Ltd.              Chairman
10     Director        Yu Lee                     Ericsson Korea Ltd.              Managing Director
11     Director     Yoon, DongHan               Korea Kolmar Co., Ltd.                 President
12     Director    Chung, ChoongSi                OMYA KOREA INC.                      President
13     Director     Kim, DaeYung               HanJin City Gas Co., Ltd.               President
14     Director     Kim, HoYoung                       AMC Corp.                     Vice President
15     Director     Cho, YongHak             London Fog Sportwear Corp.                Director
16     Director       Janet Lee                 May Dept. Store Int’l Inc           V.P & Managing
17     Director     Lee, SangJun           DAEHYUB TOURIST CO., LTD.                   President
18     Director       Jimmy Bae            Wilson Sporting Goods Korea Ltd.         General Manager
19     Director     Jung, YoungHa                  Sunique Int’l Corp.                  President
20     Director    Kwack, ByungHun        Mondial Orient Ltd. Korea Branch           Office Manager
21     Director       Susie Noh       Sears Roebuck & Co., Ltd., Korea Branch           Manager
22     Director     Kim, KiMyung     PREL(Pacific Resources Export Limited)Korea     Vice President
23     Director     Ryu, JeeSeon            Internet Business Resources Inc.            President
24     Director      Kim, MinSik                 Sokkia Korea Co., Ltd.                 President
25     Director      Suh, DooChil            Hankuk Electric Glass Co., Ltd.            President
26     Director      Han, DaeRim                Suh Jin Trading Co., Ltd.               President
27     Director      Paik, ManGi                      Kim & Chang                    Patent Attorney
28     Director    Sohn, KyungHan            Law Offices Aram International             President
        Major Activities

1. Suggesting proposals & providing ideas to the Government for the protection of the members’
      Rights and interests

2. Performing consigned duties by the central & local governments regarding activities of foreign &
       foreign invested companies in Korea

3. Surveys and analyses to support trade and investment activities of foreign & foreign-invested
       companies in the country

4. Cooperating with domestic and foreign economic organizations and the other related institutions

5. Collecting and distributing information on market developments, exhibitions and other business
       opportunities
6. Support for the purchase of exporting goods and the other necessary business arrangements

7. Promotion and management of common facilities for foreign companies

8. Human resources recruitment, education and training on behalf of foreign companies

9. Establishing a code of commercial ethics for foreign companies

10. Maintaining agenda consistent with the aims of the association and the above mentioned items



        Major Business

1. Recommending foreign companies as suitable candidates for the official reward program

2. Speaking for foreign companies to domestic business and government over their difficulties
      and specific complaints generated by doing business in Korea

3. Organizing and operating Business Club by type of business

4. Organizing a PR exhibition and job fair for foreign companies

5. Promoting an international merchandising course and EDI & Internet course

6. Operating Foreign Company Assistant Centres

7. Special discount rates on group agreement insurance

8. Providing members with internet-related support

9. Research, analysis & publication of data concerning foreign & foreign-invested companies

10. Organizing and hosting the ‘Foreign Company Day’

11. Organizing and hosting the ‘Seoul Investment Forum’

12. Supporting various group agreement



                                                      KOREA FOREIGN COMPANY ASSOCIATION
        Joining FORCA


1. Regular Membership
A. Qualification
   a. Foreign-invested Company (according to Laws Enacted to Promote Investment in Korea)
   b. Foreign Company’s branch office, subsidiary, agency
   c. The other companies agreeing with our founding objectives and business purposes

 B. Classifications and Dues
   a. CEO Committee
       - Entrance Fee: \700,000               - Annual Dues: \1.2 millon
   b. General member
       - Entrance Fee: \500,000               - Annual Dues: \500,000


2. Special Membership (not allowed voting right, nor eligibility for election in general meeting)
  * Qualification: Companies in agreement with the mission of the FORCA
       - Entrance Fee: Exempted                - Annual Dues: \100,000
                                                             (information, data providing charge)
3. Documents
A. CEO Committee
   - CEO Committee Appointment Acceptance Format
   - Membership Application Format
   - Business Certificate (1 copy)
   - Resume (1)
   - Photo (1)
   - Membership Profile Format (Please visit our site at www.forca.org and fill out
                                                the blanks under the Membership section.)
B. General and Special Member
   - Membership Application Format
   - Business Certificate (1 copy)
   - Membership Profile Format (Please visit our site at www.forca.org and fill out
                                                the blanks under the Membership section.)

4. Payment
   - Bank Account: Woori Bank (former ‘Hanvit’): 424-04-111538 (FORCA)
   - Giro Account: might be provided according to the request




                                                     KOREA FOREIGN COMPANY ASSOCIATION
       Membership Advantages


- Membership Certificate

- Getting informational letter regarding government policy on trade and investment

- Participation priority of in all kinds of the events hosted by FORCA

- Delivery of FORCA newsletters

- Participation in the subcommittee arranged by type of business

- Getting a fee-free access to FORCA web site (www.forca.org) for the exclusive
       data & information
- Participation in the inspection group to North Korea for investment & abroad for
       market research
- Suggestion of relax of the regulations to the Government like tax revision, business
      management support...
- Recommendation for the government awards on ‘Foreign Company Day’, a FORCA
      organizing annual event

- Availability on related documents concerning visa extension & sojourn for the
       business’ purpose

- Discount banking & financial services thru a collective agreement with banks,
      life & non-life insurance companies

- Support from the FORCA-affiliated Centres at a discount rate or free of charge

- Various benefits with ‘Foreign Company Family Card’ like purchase at a discount rate
       in franchise stores (plan)
- Cooperative buying plan of software programs, computer devices, office equipments,
     automobiles, & arrangement of hotel accommodations to cut down the business
     management expenses

- An opportunity to participate in the FORCA-organizing public promotion
      broadcasting program
- Protection of the ‘Intellectual Property Right’ through FORCA-affiliated ‘IPR Centre’
      (projected)



                                                KOREA FOREIGN COMPANY ASSOCIATION
              Regular Meeting - 1


▶ Subcommittee Meeting


 (1) Mission: activate & assist mutual business management between
              the members of same and/or similar, & related type of business

 (2) Participation: FORCA members (Regular & Special)

 (3) Time: Quarterly or three times a year

 (4) Subcommittees by type of business (14)
  ① - Semiconductors                         ⑧ - Finance

  ② - Trading/Distribution                   ⑨ - Textiles/Clothing

  ③ - Services                               ⑩ - Energy

  ④ - Electronics/Electrical                 ⑪ - Construction

  ⑤ - Heavy Industry/Automobiles             ⑫ - Buying Office

  ⑥ - Chemicals/Chemical Engineering ⑬ - Internet/Telecommunication

  ⑦ - Medical/Medicine                       ⑭ - Import Agency

 (5) Classification
  ① General subcommittee meeting (14 subcommittees by type of business)
  ② Enlarged subcommittee meeting: gathering with related business area

 (6) Details of the meeting
  ① Information exchange & familiar talk between the members

  ② Promoting mutual friendship through breakfast and/or luncheon meeting

  ③ Research of the market trend through the seminars

  ④ Improvement of the business management environment

  ⑤ Presentation opportunity of the new items & technology to the related company




                                                  KOREA FOREIGN COMPANY ASSOCIATION
                  Regular Meeting - 2

▶ Monthly CEO Committee

(1) Mission: Activate & promote FORCA business through regular CEO Committee
              being composed of the leading foreign & foreign-invested companies

(2) Participation: members of FORCA CEO Committee

(3) Time: Monthly (last Thursday, 18:30)

(4) Assignments
 ① Suggesting proposals on the current economic situation if any,
   delivery of statements
 ② Direct line to the higher government official to discuss about the overall
   environment improvement concerning investment & business activities
 ③ Research of the market trend through the seminars

 ④ Interim Check-up & Conclusion of the FORCA business progress
 ⑤ Information exchange & familiar talk between the members to promote mutual
   friendship through regular meeting

▶ Foreign-invested Company CEO Golf Club

 (1) Mission: Interchange mutual market information and cooperate for the
              successful business

 (2) Qualification: FORCA members only

 (3) Time: Bimonthly

 (4) Additional Affairs
  ① Award a prize to the excellent participants
  ② Go on charitable work as a volunteer in assisting neglected social groups &
   communities
  ③ Share chances of playing games with invited higher government officials, political &
   financial gentlemen and professional golfer

 (5) Fees
  ① Entrance Fee: \1million
  ② Rounding Fee: Naught
  ③ Annual Dues: \1mllion
                                               KOREA FOREIGN COMPANY ASSOCIATION
                      FORCA CEO Committee

No.      Title                 Name             Name of the Company            Duty in the Committee

1   Chairman             Sohn,YoungSeok      Texas Instruments Korea Ltd.            President
2 Chief Vice Chairman Chang, ByongSeok       Sony Electronics Korea Corp.            Chairman
3     Vice Chairman      Hwang, KyungSoo        Dow Corning Korea Ltd.               President
4     Vice Chairman      Kim, MyungChan             Intel Korea Ltd.                 President
5     Vice Chairman       Shin, BarkJae      Philips Electronics Korea Ltd.          President
6     Vice Chairman      Kang, SungWook           Compaq Korea Ltd.                  President
7     Vice Chairman       Kim, KiYong        AgriBrandsPurina Korea., Inc.            Chairman
8     Vice Chairman         Oh, InSik             Motorola Korea Inc.                President
9     Vice Chairman      Kim, DeokJung      Fairchild Korea Semiconductor            President
10 Vice Chairman          Lee, JaeWook              NOKIA tmc Ltd.                   Chairman
11 Vice Chairman                                     KORAM Bank
12 Vice Chairman          Youm, JinSub        Yahoo! Korea Corporation               President
13 Vice Chairman        Chung, KwangEun            Fuji Xerox Korea                   President
14 Vice Chairman           Lee, JaeHee              Unilever Korea                   Chairman
15 Vice Chairman          Gene S Yoon                Fila Korea Ltd.                  President
16 Vice Chairman         Lee, YoungSoo            ST Microelectronics                 President
17 Vice Chairman          Kim, HyoJoon            BMW Korea Co., Ltd.                 President
18 Vice Chairman         Park, GunWoo        Toyota Motor Korea Co., Ltd.             Chairman
19 Vice Chairman             Yu Lee                Ericsson Korea Ltd.             Managing Director
20 Vice Chairman           Rene Mang         WAL-MART KOREA Co., Ltd.                 President
21 Vice Chairman         Yoon, DongHan           Korea Kolmar Co., Ltd.               President
22 Vice Chairman        Chae, GabByung                Diamond AD                      President
23 Vice Chairman           Jimmy Bae       Wilson Sporting Goods Korea Ltd.        General Manager
24 Vice Chairman        Chung, ChoongShi         MOMYA KOREA INC.                     President
25 Vice Chairman        Lee, ChangMyung    LAFARGE Gypsum Korea Co., Ltd.             President
26 Vice Chairman            Eric Choi                  SAP Korea                      President
27 Vice Chairman         Lee, MunYoung                Datacraft Korea                 President
28 Vice Chairman         Ryu, JeeSeon       Internet Business Resources Inc.          President
29 Vice Chairman        Hong, MyoungSik      BAUSH & LOMB-YOUNGHAN                    President
30 Vice Chairman         Lee, SangJun          DAEHYB Tourist Co., Ltd.               President
31 Vice Chairman        Jeon, YongSang        METLIFE Insurance Co., Ltd.             Chairman
32 Vice Chairman         Kim, HongKyu        TYCO.Electronics AMP Korea               President



                                                   KOREA FOREIGN COMPANY ASSOCIATION
                   FORCA CEO Committee

No.    Title              Name                 Name of the Company              Duty in the Committee

33 Vice Chairman     Park, KeunWon        DUPONT Photomasks Korea Ltd.                 President
34 Vice Chairman     Choi, SungOk         FRESENIUS Medical Care Korea                President
35 Vice Chairman     Kim, DaeYoung           HANJIN City Gas Co., Ltd.                 President
36 Vice Chairman     Kim, HoYoung             AMC Corp. Korea Office               General Manager
37 Vice Chairman     Cho, YongHak              London Fog Sportswear                   President
38 Vice Chairman     Jung, YoungHa               SUNIQUE Int’l Corp.                   President
39 Vice Chairman     Kwak, ByungHun        MONDIAL Orient Ltd., Korea Br.              President
40 Vice Chairman        Janet Lee             MAY Dept. Store Int’l Inc.               President
41 Vice Chairman        Susie Noh      Sears Roebuck & Co. Ltd., Korea Branch          President
42 Vice Chairman      Kim, KiMyung                   PREL Korea                     Vice President
43 Vice Chairman      Park, SunHyo        HANKUK Electric Glass Co., Ltd.              President
44 Vice Chairman       Kim, YongKil            VARIAN Korea Co., Ltd.                  President
45 Vice Chairman     Lee, HyukByung                  Carrier-LG                        President
46 Vice Chairman      Ahn, SolYoung              Club Med Co., Ltd.                    President
47 Vice Chairman       Han, DaeRim            Suh Jin Trading Co., Ltd.                President
48 Vice Chairman       Lee, SooYon            Korea Industrial Gases Ltd.              President
49 Vice Chairman       Kim, MinSik              Sokkia Korea Co., Ltd.                 President
50 Vice Chairman        S.J.JANG                  EATON LIMITED                        President
51 Vice Chairman     Sohn, MyungWon           Conexant Systems Korea                   President
52 Vice Chairman     Hong, JeongHan              Ceramtec Korea Ltd.                    President
53 Vice Chairman     Hong, SukYun        Kongshin Technosonic Korea Co., Ltd.          President
54 Vice Chairman     Park, JangSung                  BARCO Ltd.                        President
55 Vice Chairman       Chun, HeeIn         KYOSERA Precision Tools Korea                President
56 Vice Chairman       Lee, JaiChun              AND Korea Co., Ltd.                    President
57 Vice Chairman       Kim, JaeWon              Virbac Korea Co., Ltd.                 Chairman
58 Vice Chairman     Jhin, ByungWoo                AERA Korea Ltd.                     President
59 Vice Chairman       Koo, BonJoon            LG.Philips LCD Co., Ltd.                President
60 Vice Chairman       Sun, SukMoon      SMC PNEUMATICS KOREA Co., Ltd.                President
61 Vice Chairman Steen Lykke Skovfoged          LEGO Korea Co., Ltd.                    President
62 Vice Chairman        Yi, YouShin             Festo Korea Co., Ltd.                   President
63 Vice Chairman       Choi, SungRai       SamSung Petrochemical Co., Ltd.             President
64 Vice Chairman         Kim, JiIl              Expeditors Korea Ltd.                   President



                                                    KOREA FOREIGN COMPANY ASSOCIATION
                FORCA CEO Committee

No.     Title            Name                Name of the Company                Duty in the Committee

65 Vice Chairman     Choi, DongGeon     Korea Engineering Plastics Co., Ltd.           President
66 Vice Chairman     Kwon, Ohugh              AC Nielsen Korea Ltd.                    President
67 Vice Chairman     Kang, HeeMin             GTA Korea Co., Ltd.                      President
68 Vice Chairman      Lim, KookJin             Cadence Korea Ltd.                      President
69 Vice Chairman      Michelle Kim              Tiffany Korea Ltd.                     President
70 Vice Chairman    Ahn, MooKyung                 SAS KOREA                            President
71 Vice Chairman     Lee, JongSoo                  ORC Korea                           President
72 Vice Chairman      Han, JungKil                   Haesom                            President
73 Vice Chairman    Chung, WooKyun           NISSI MEDIA KOREA Co.                     President
74 Vice Chairman     Yoon, WaanSik               CTDI Korea, Ltd.                      President
75 Vice Chairman    Chung, MyungSoo           UPS KOREA Co., Ltd.                      President
76 Vice Chairman      LEO C.KAO         CDL HOTEL KOREA-SEOUL HILTON                    President
77 Vice Chairman     Kim, JongHoon               Hanmi Parsons                          President
78 Vice Chairman     Kang, GinWon                   Hilti Korea                         President
79 Vice Chairman      Choe, IlSang               Thyssen Metals                         President
80 Vice Chairman      Kim, JiYoung              Freyssinet Korea                        President
81 Vice Chairman     Jason Y. Pahng               AccessNet Inc.                        President
82 Vice Chairman        Mi Shin                ESCADA KOREA Ltd.                        President
83 Vice Chairman     Cha, HwaChil          International Paint (Korea) Ltd.             President
84 Vice Chairman       Kim, JiTaek          Korea Omyang Corporation                    President
85 Vice Chairman    Kang, ChangRok            Mentor Korea Co., Ltd.                    President
86 Vice Chairman        K.H.Lee               Praxair Korea Co., Ltd.                   President
87 Vice Chairman       Paul J. Kim        Brooks Automation Asia Co., Ltd.              President
88 Vice Chairman     Cho, SungRae           COLUMBIA Sportswear Korea                   President
89 Vice Chairman     George Hwang                Fissler Korea Ltd.                     President
90 Vice Chairman       Son, JuWon                  Alibaba Korea                        President
91 Vice Chairman     Kevin J, Jeong            Arneg Samsung Co., Ltd.                  President
92 Vice Chairman     Yoon, SeungKi         Aglient Technologies Korea Ltd.              President
93 Vice Chairman       Yoo, ShiTak           Parker Hannifin Cannectors                 President
94 Sr. Exe. Managing Dir. SeonJae Kim   Korea Foreign Company Association      Sr. Exe. Managing Director
95 Auditor              Ko, YoungIl        Woori Accounting Corporation             Managing Partner




                                                    KOREA FOREIGN COMPANY ASSOCIATION
  Foreign Company Law & Management Centre

▶ Mission
 Provide law and management consulting services for the FORCA members to avoid and/or
 solve any legal problems.


▶ Organization Chart

                                                  FORCA


                               Foreign Company Law & Management
                                            Centre
                              (Management by CENTER INT’L LAW FIRM)


                                     Chief Attorney Shin, SeungNam




                                                                                     Civil /     Criminal /
    Corporate       Int’l      Banking                                 Lawsuit
                                            Intellectual                                           Non-
                                  &                         Tax           &         Family
       Law        Business                    Property                                          contentious
                              Securities                               Dispute      Matters        case


▶ About Services
① Free Legal Consulting Service

 It provides law and management consulting service free of charge to FORCA members, foreign-invested
companies & their staffs, and foreign investors. (30% off-payment would be imposed only for the continuing
service, special consultant, affairs which is to take a considerable time.)

② Legal advisory System

 It operates legal advisory system at a discount rate for foreign-invested corporations and foreign investors
 in need of constant law & management consulting.

③ Legal Education Course

 It occasionally offers legal education course for the better understanding of the Korean tax & labor law,
  and for the other related law.
 (Fee-free offer to the companies under the legal advisor contract with Central Int’l Law Firm)

▶ Contact

phone: 82.2.735.5621/6, 82.2.735.5072/4
fax: 82.2.733.5206/7
website: www.cilf.co.kr


                                                           KOREA FOREIGN COMPANY ASSOCIATION
    Foreign Company Risk Management Centre

▶ Mission
Analyze and assess the potential corporate, personnel & material risks within the business,
provide legal disaster programs for damage compensations to FORCA members, foreign &
foreign-invested companies in the interest of their safe and smooth business management
activities in and outside of the country

▶ Organization Chart

                                                     FORCA

                                     Foreign Company Risk Management
                                                  Centre
                                  (Management by AIG GENERAL INSURANCE)


                                      Chief Manager Mr. Chung, Sun Ha




                                                           Overseas            Equipment        All
         Property Business Compensa              Vehicle
                                       -tion               Business Shipping        &         Sorts of
           Risk         Risk         Liability    Risk
                                                             Trip                Machine      Factory


▶ Sequence
 ① Risk Management
  Business management to reduce the loss & risks to the minimum in case of a sudden accident
 ② Risk Management Procedures
  Risk analysis → Minimization of risk → Optimization of the best measurement → Execution
  → Analysis & Examination of the Results

 ③ Risk Management Process
 - with the provided written inquiry,
 - Analysis of the official business process
 - Consideration of the financial statements
 - On-the-spot inspection activity
 - Set up the counter plan
 ④ Running “Claim Centre” 24 hours: fee-free Risk Consulting, Compensation Services

▶ Contact
 phone: 82.2.777.4688      fax: 82.2.777.4689
 website: www.forca.org      e-mail: webmaster@foreigner911.com


                                                           KOREA FOREIGN COMPANY ASSOCIATION
                  KOREA FOREIGN COMPANY ASSOCIATION




* Suite 905, Trade Tower, #159-1 Samsung-dong, Gangnam-gu
                    Seoul 135-729, Korea


                 * phone: 82.2.6000.0090/5

          * facsimile: 82.2.6000.0099, 82.2.551.1196

                  * website: www.forca.org