Korean Tax Blog

Foreign investors need to apply for an "Approval of FDI" to the MoE through a bank(Exchange transaction) from the beginning according to...

How many directors needed for the LLC? For an LLC, need a Director according to the Commercial law Article 561, with the following...

Social Security Insurance premium is one of employers' liability in Korea without any exception even if hired a part-timer or freelancer...

Foreigner can set up an LLC easily and quickly in Korea since there is no requirements for actual funding. So even in FDI case(100mil.won...

A foreigner can set up a Korean company without a presence in Korea at the Court, and apply for the tax registration at the tax office...

If the landlord does not agree? The landlord may not agree because he does not like to deduct the monthly rent. In the past, deductions...

Monthly rental tax credit conditions; In order to receive a monthly rent deduction, you must meet all of the following conditions. ①...

If the spouse has only earned income, is it possible to deduct if the total salary is less than 5 million won? Yes, it's possible. Even...

My spouse has 19 million won in interest income, is it possible to deduct my spouse? Yes, it's possible. Interest and dividend income are...

#법인세중간예납 #보령머드축제 #MudFestival #interimCTR Every company(法人事業者) needs to file the interim corp. tax by the end of August other than...