Korean Tax Blog

The dissolution of a company refers to the legal fact or requirement that extinguishes the corporate entity. When a company dissolves,...

The Significance of Dissolution The dissolution of a company refers to the legal fact or requirement that extinguishes the corporate...

1. Overview The dissolution of a corporation refers to the legal conditions under which the company loses its legal capacity. Dissolution...

*www.hometax.go.kr In 2023, NTS introduced several important changes to its year-end tax settlement for salaried taxpayers, impacting...

The "Peace of Mind Inheritance One-Stop Service," also known as "안심상속 원스톱서비스" in Korean, is a comprehensive service that facilitates the...

The National Tax Service Korea announced that it had sent interim prepayment notices for comprehensive income tax to 1.52 million...

Introduction to National Pension in Korea Background The National Pension in Korea is a cornerstone of the country's social security...

Introduction to Retirement Allowance in Korea What is Retirement Allowance? Hey there! Are you curious about retirement allowance in...

In Korea, shareholders, particularly those with controlling stakes, may face secondary tax liability. This liability arises when the...

Understanding Severance Pay Under Korea's Labor Law: A Guide for Employers As of January 1, 2013, South Korea's Labor Law mandates that...