

How many financial statements needed 4 Dissolution and Liquidation
I got a lot of questions regarding how many financial statements to liquidate an entity. Practically, two financial statements are...
Dissolution is not enough-Even after the business closure at the tax office?
The dissolution of a company refers to the legal fact or requirement that extinguishes the corporate entity. When a company dissolves,...
Dissolution is not enough-even if after the Business Closure at the tax office
The Significance of Dissolution The dissolution of a company refers to the legal fact or requirement that extinguishes the corporate...
Dissolution and Liquidation Procedures for a Corporation in Korea
1. Overview The dissolution of a corporation refers to the legal conditions under which the company loses its legal capacity. Dissolution...

Understanding the Key Changes in 2023 Year-End Tax Settlement
*www.hometax.go.kr In 2023, NTS introduced several important changes to its year-end tax settlement for salaried taxpayers, impacting...
Scrubbing Inheritance Assets in Korea; Make it Simple!
The "Peace of Mind Inheritance One-Stop Service," also known as "안심상속 원스톱서비스" in Korean, is a comprehensive service that facilitates the...
Interim Prepayment of Income Tax for the 1st half of 2023FY: Sole-Proprietors in Korea
The National Tax Service Korea announced that it had sent interim prepayment notices for comprehensive income tax to 1.52 million...
Understanding the National Pension System in Korea: A Comprehensive Guide
Introduction to National Pension in Korea Background The National Pension in Korea is a cornerstone of the country's social security...
Understanding Retirement Allowance(법정퇴직금) in Korea: A Comprehensive Guide
Introduction to Retirement Allowance in Korea What is Retirement Allowance? Hey there! Are you curious about retirement allowance in...
Understanding Secondary Tax Liability for Shareholders in Korea: A Comprehensive Guide
In Korea, shareholders, particularly those with controlling stakes, may face secondary tax liability. This liability arises when the...