Doing Business
in Korea

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,...

S. Korea unveils sweeping tax cut plan to spur corporate investment S. Korea plans to cut corporate and income taxes in a bid to...

Taxes in Korea are divided into national taxes imposed and collected by the central government and local taxes imposed and collected by...

If you're working in South Korea and earning income, it's importanYear-End Tax Settlementt to understand how to file your year-end tax...

Taxpayer and Taxable Income The worker who is paid for providing work or service is a taxpayer and the relevant tax (payment, bonus) is...

Corporate tax is an income tax imposed on corporations. Taxpayer and Taxable Income Domestic corporations and foreign corporations who...

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...

All corporations must issue a tax invoice when supplying goods or services, which can be issued through Hometax; a website of the NTS.

Tax season in Korea is January - April so it is important to be proactive to ensure the highest standards of quality for your taxes,

South Korea, known for its dynamic culture and rapid economic growth, has become a beacon for professionals and entrepreneurs worldwide....