J&J Korea
2022 Year-end Settlement Tip for Foreigners
Foreign workers who have income in Korea should file their year-end tax settlements for 2022 before February’s salary is paid. Foreign...
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J&J Korea
Jan 24, 20232 min
Korea's Important Tax Schedule
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...
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J&J Korea
Dec 16, 20221 min
[FAQ] Is it possible for a foreign-invested company to repay the long-term loan early?
Q. Can a foreign-invested company redeem whole or part of its long-term loan within five years before maturity? A. Yes, early redemption...
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J&J Korea
Nov 29, 20223 min
Ease Up Your Company Formation With Business Registration Services
Starting a company in South Korea is an exciting venture, but it comes with its fair share of administrative challenges. Navigating the...
57 views
J&J Korea
Oct 14, 20222 min
Business News for Oct: Foreign Direct Investment
S. Korea attracts USD 1.15 bn investment in chip, battery from seven NA firms Seven North American companies in the fields of chips,...
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J&J Korea
Oct 4, 20222 min
Changes in Government Policy: Tax Cut Plan & Support in Bio-healthcare Sector
S. Korea unveils sweeping tax cut plan to spur corporate investment S. Korea plans to cut corporate and income taxes in a bid to...
31 views
J&J Korea
Mar 28, 20222 min
Taxation in Korea 2022
Taxes in Korea are divided into national taxes imposed and collected by the central government and local taxes imposed and collected by...
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J&J Korea
Feb 22, 20221 min
2021 Year-end Settlement Tip for Foreigner
Foreign workers who have income in Korea should file their year-end tax settlements for 2021 before February’s salary is paid. Foreign...
69 views
J&J Korea
Jan 21, 20221 min
Payroll practice 2022: Withholding tax in South Korea
Taxpayer and Taxable Income The worker who is paid for providing work or service is a taxpayer and the relevant tax (payment, bonus) is...
265 views
J&J Korea
Jan 17, 20221 min
Basic Guide to Corporate Income Tax in South Korea
Corporate tax is an income tax imposed on corporations. Taxpayer and Taxable Income Domestic corporations and foreign corporations who...
172 views
J&J Korea
Jan 13, 20222 min
VAT Rate 2022: Are Korea VAT rates increasing this year?
Value Added Tax (VAT) is a tax that is reported and paid for added value acquired in the process of providing goods and services* and...
109 views
J&J Korea
Jan 5, 20221 min
Obligation to Issue a Tax Invoice
All corporations must issue a tax invoice when supplying goods or services, which can be issued through Hometax; a website of the NTS.
200 views
J&J Korea
Jan 3, 20222 min
Korea's Important Tax Schedule
Tax season in Korea is January - April so it is important to be proactive to ensure the highest standards of quality for your taxes,
141 views
J&J Korea
Oct 24, 2021