Doing Business
in Korea

Keeping up with taxes seems an ongoing responsibility that never goes off duty.  Any accountant or business can relate to this as the taxation process involves monthly filing, quarterly reports, and a year-end closing scramble. In fact, it may seem like a 24/7 task, especially in South Korea, where tax duties have distinct, recurring peaks throughout the korean-tax-seasons-your-year-round-compliance-calendaryear.  The fact is that although the tax tasks are year-long, their i

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