Doing Business
in Korea

Naunderstanding-business-closurse-in-koreavigating the process of business closure in Korea can be daunting, especially when terms like...

January marks the start of a new year and, for business owners in South Korea, the critical period for corporate VAT filing. Navigating...

The word audit  can strike fear into the heart of even the most meticulous taxpayer—but understanding what a tax audit is and why it...

If you're at the helm of a corporate business in South Korea, understanding the intricacies of corporate tax is not just a requirement –...

For business owners, managing taxes is a critical aspect of financial planning. Corporate taxes, in particular, can pose a significant...

Understanding the corporate tax landscape in South Korea is quite important for businesses operating in or entering this dynamic market....

Running a small business in South Korea presents both opportunities and challenges, with business corporation tax being a critical area...

Starting a business is an exciting journey, especially in a vibrant market like South Korea. Whether you’re launching a small startup in...

Value-added tax (VAT) is a fundamental aspect of business in South Korea. Whether you're a domestic company or a foreign business...

Many businesses are likely to overlook the tax implications while choosing their business structure.  How you choose your business setup...

If you’re visiting South Korea and planning to shop, you’ll be happy to know that you may be eligible for a tax refund on your purchases....

In South Korea, whether you are a self-employed independent contractor or an employee, understanding your tax obligations is crucial. ...

For new business owners and CEOs, taxes can seem like a daunting subject. The complexities, deadlines, and legalities involved often make...

A simple question— What is your core responsibility as a business owner? You are there to lead, make strategic decisions, and make your...

Of course, getting a bonus is often a delightful moment for any worker.  It’s a reward for hard work, a recognition of contributions,...

Foreign workers who have income in Korea should file their year-end tax settlements for 2022 before February’s salary is paid. Foreign...

The New Year is here! I feel grateful to offer tax and accounting services for your Korean business! As the new fiscal year starts, I’d...

Q. Can a foreign-invested company redeem whole or part of its long-term loan within five years before maturity? A. Yes, early redemption...

Starting a company in South Korea is an exciting venture, but it comes with its fair share of administrative challenges. Navigating the...

S. Korea attracts USD 1.15 bn investment in chip, battery from seven NA firms Seven North American companies in the fields of chips,...