Doing Business
in Korea

Foreign workers who have income in Korea should file their year-end tax settlements for 2021 before February’s salary is paid. Foreign...

When considering establishing a business in South Korea, one of the crucial decisions you'll face is choosing the right form of...

The four major insurances (4대보험) are employment insurance, industrial accident compensation insurance, national pension, and national...

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

What is Year-end tax settlement? Year-end tax settlement is a process of finalizing the total amount of income tax to be earned by an...

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