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...
Navigating Severance Pay in Korea: A 2023 Guide for Employers
Understanding Severance Pay Under Korea's Labor Law: A Guide for Employers As of January 1, 2013, South Korea's Labor Law mandates that...
Choosing the Right Business Structure in Korea: Jushik Hoesa vs. Yuhan Hoesa
Are you considering setting up a “주식회사 (Jushik Hoesa)” in Korea? While popular, this corporate structure involves extending directorship...
Abolishment of the Foreign Investor Registration System in South Korea: A New Era for Global Invest
In a significant move towards enhancing foreign investment, South Korea is set to abolish the foreign investor registration system, a...
Navigating the Path: How Foreigners Can Establish a "교습소" (Private Institute) in Korea
Starting a "교습소" (private institute) in Korea as a foreigner presents a unique blend of challenges and opportunities. South Korea's...
Mastering Share Transfers in Korean Companies: A Comprehensive Guide for Expats
Introduction Navigating the complexities of share transfers in South Korea's corporate sector can be challenging, particularly for...