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ICC (In-Country Caretaker) Service

For the foreign manufacturers that have difficulty with satisfying the conditions,
Synex functions exactly like their subsidiary by performing regulatory management and import's obligations.
(So-called ICC Service, In-Country Caretaker Service).

Overview

Under In-Country Caretaker service, Synex acts as your total business representative in Korea. Through the ICC Service model, the foreign manufacturers are able to set up a legal entity that has similar characteristics as branch without much initial investment while the distributor is able to concentrate on sales and customers by escaping from the duties such as strict product registration & license management or reimbursement, etc. to lead an even more effective business structure.

Customer Value

  • Faster Market Access

    • -Register products and select distributors in parallel
    • -Set up business models with Synex experts in multiple disciplines

  • Multiple Distribution Partnerships

    • -Work with a multiple number of distributors or sales agents
    • -Flexible to change/expand sales channel without license issue

  • Business Safety

    • -Secure the actual ownership of product license
    • -Product license management with high level compliance

  • Reasonable Fees

    • -Flexible service fee based on business scale, import volume and revenue
    • -Provide various options for logistics fee

  • Perfect Replacement of Your Subsidiary in Korea

    • -No capital investment to set up a legal entity
    • -No need to hire RA/QM/PV manager and supply chain manager
    • -No need to rent office and warehouse space