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Understanding Business Closure in Korea: Suspension, Closure, or Liquidation?
Naunderstanding-business-closurse-in-koreavigating the process of business closure in Korea can be daunting, especially when terms like...
J&J Korea
Jun 174 min read
36 views


[Tax Series: 07] Your Essential Guide to VAT (Value Added Tax) Obligations for Corporations
January marks the start of a new year and, for business owners in South Korea, the critical period for corporate VAT filing. Navigating...
J&J Korea
Jun 95 min read
12 views


[Tax Series: 06] Understanding Tax Audits: Why You Might Be Selected
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...
J&J Korea
Jun 34 min read
10 views


[Tax Series: 05] Calculating Corporate Tax in South Korea
If you're at the helm of a corporate business in South Korea, understanding the intricacies of corporate tax is not just a requirement –...
J&J Korea
May 234 min read
12 views


[Tax Series: 04] Interim Tax Payment: A Beginner’s Guide
For business owners, managing taxes is a critical aspect of financial planning. Corporate taxes, in particular, can pose a significant...
J&J Korea
May 145 min read
13 views


[Tax Series: 03] A Guide to Corporate Tax Filing in South Korea
Understanding the corporate tax landscape in South Korea is quite important for businesses operating in or entering this dynamic market....
J&J Korea
May 85 min read
23 views
![[Tax Series: 02] Corporate Tax Planning Tips for Small Businesses in South Korea](https://static.wixstatic.com/media/3db7b1_4a3d0cb7b1c443c4bf9d9956d76e2fec~mv2.webp/v1/fill/w_333,h_250,al_c,q_30,blur_30,enc_avif,quality_auto/3db7b1_4a3d0cb7b1c443c4bf9d9956d76e2fec~mv2.webp)
![[Tax Series: 02] Corporate Tax Planning Tips for Small Businesses in South Korea](https://static.wixstatic.com/media/3db7b1_4a3d0cb7b1c443c4bf9d9956d76e2fec~mv2.webp/v1/fill/w_454,h_341,al_c,q_90,enc_avif,quality_auto/3db7b1_4a3d0cb7b1c443c4bf9d9956d76e2fec~mv2.webp)
[Tax Series: 02] Corporate Tax Planning Tips for Small Businesses in South Korea
Running a small business in South Korea presents both opportunities and challenges, with business corporation tax being a critical area...
J&J Korea
Apr 284 min read
17 views


[Tax Series: 01] Why Should You Incorporate Your Business in South Korea?
Starting a business is an exciting journey, especially in a vibrant market like South Korea. Whether you’re launching a small startup in...
J&J Korea
Apr 256 min read
9 views


Tax-Deductible and Non-Deductible Input VAT in South Korea: The Ins and Outs
Value-added tax (VAT) is a fundamental aspect of business in South Korea. Whether you're a domestic company or a foreign business...
J&J Korea
Feb 214 min read
71 views


A Guide to Corporate Taxation for Different Business Structures in Korea
Many businesses are likely to overlook the tax implications while choosing their business structure. How you choose your business setup...
J&J Korea
Feb 74 min read
44 views


South Korea Tax Refund : What to Know
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....
J&J Korea
Jan 234 min read
36 views


Self-Employment Tax vs Employee Tax in South Korea: What to Know
In South Korea, whether you are a self-employed independent contractor or an employee, understanding your tax obligations is crucial. ...
J&J Korea
Jan 75 min read
49 views


3 Basic Taxes You Should Know: A Simple Guide for CEOs and New Business Owners
For new business owners and CEOs, taxes can seem like a daunting subject. The complexities, deadlines, and legalities involved often make...
J&J Korea
Dec 24, 20244 min read
31 views


Benefits of Outsourcing Your Bookkeeping
A simple question— What is your core responsibility as a business owner? You are there to lead, make strategic decisions, and make your...
J&J Korea
Dec 12, 20245 min read
41 views


Why and How are Employee Bonuses Taxed?
Of course, getting a bonus is often a delightful moment for any worker. It’s a reward for hard work, a recognition of contributions,...
J&J Korea
Dec 6, 20244 min read
15 views


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...
J&J Korea
Feb 3, 20231 min read
38 views


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...
J&J Korea
Jan 24, 20232 min read
60 views
![[FAQ] Is it possible for a foreign-invested company to repay the long-term loan early?](https://static.wixstatic.com/media/nsplsh_495bfa0247144ba3a79ab514e75e2f69~mv2.jpg/v1/fill/w_333,h_250,fp_0.50_0.50,q_30,blur_30,enc_avif,quality_auto/nsplsh_495bfa0247144ba3a79ab514e75e2f69~mv2.webp)
![[FAQ] Is it possible for a foreign-invested company to repay the long-term loan early?](https://static.wixstatic.com/media/nsplsh_495bfa0247144ba3a79ab514e75e2f69~mv2.jpg/v1/fill/w_454,h_341,fp_0.50_0.50,q_90,enc_avif,quality_auto/nsplsh_495bfa0247144ba3a79ab514e75e2f69~mv2.webp)
[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...
J&J Korea
Dec 16, 20221 min read
24 views


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...
J&J Korea
Nov 29, 20223 min read
93 views


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,...
J&J Korea
Oct 14, 20222 min read
30 views
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