How Foreign Residents in Korea Can Save on Taxes from Overseas Income
Living in Korea while earning income from abroad can create unique tax considerations. Here’s a guide on how foreign residents can...
Choosing Between Receiving Your Salary in Korea or the U.S.
If you’re an expat working in Korea for a U.S.-based company, deciding where to receive your salary involves considerations of taxation,...
How to Adjust Preliminary Income Tax Payments in Korea for Reduced 2024 Earnings
If you’ve received a preliminary income tax notice (중간예납안내문) and a payment notice in Korea, it generally requires you to pay half of the...
PAPA(American: non-Resident) Gave Me 20K U$, Do I(American: resident) need to Pay the Gift tax in Korea?
As an expat living in Korea, understanding the local tax regulations can be a bit daunting, especially when it comes to receiving gifts...
Tax Considerations for Receiving Salary from a U.S. Company While Living in Korea
When working for a U.S. company while residing in Korea, you have two main options for receiving your salary: directly into your Korean...
Understanding Korea's Inheritance Tax for Non-Resident Foreigners
Inheritance tax is a complex subject, especially for non-resident foreigners dealing with assets in Korea. In this article, we’ll break...
Foreigner(Non-Resident) Family Needs to Pay the Inheritance Tax in Korea?
Questions: I am writing to seek clarification regarding the inheritance tax laws in Korea, as they pertain to the estate of my late...
Registration Guide of NPO in Korea
Registering a not-for-profit organization in South Korea requires a thorough understanding of the legal framework and compliance with...
Obtaining a Certificate of Qualified Donee in Korea
To obtain a certificate of qualification as a charitable organization in South Korea, it is essential to follow a well-defined process...
Maximizing VAT Deductions When Filing Your Return in Korea; Make it Easy from the Beginning
Maximizing VAT deductions when filing your return in Korea requires a comprehensive understanding of the VAT system and meticulous...
