Korean Tax Blog

For more details, please feel free to reach out at jz@taxjz.com or If you would like a consultation with an English-speaking...

In South Korea, an employer cannot freely fire an employee. The Korean Labor Standards Act (LSA) requires a “Justifiable cause” for...

Introduction Ever wondered about getting your VAT back on business expenses in Korea, even if you don't have an office there? Well, it's...

Even if a non-resident or foreign corporation does not have a business place in Korea, they can still apply for a VAT refund for the...

Small and medium-sized enterprises (SMEs) and sole proprietors with a workforce of fewer than 20 employees are required to submit...

When it comes to business operations, every penny counts. In Korea, certain vehicles are eligible for a Value Added Tax (VAT) refund,...

The Minimum Wage Commission in Korea has announced that the hourly minimum wage for 2024 will be set at 9,860 won ($7.8), reflecting a...

*VAT rates for Simplified Taxpayers Simplified taxpayers in Korea, known as "간이과세자" (gani gwasaeja), have specific considerations when it...

Running a business in South Korea comes with its own set of responsibilities, especially when it comes to taxes. Value Added Tax (VAT) is...

Have you been journeying to the local 등기소 for the acquisition of your entity's seal certification? Delegate this task to Jz Associates!...