Korean Tax Blog

According to tax law, you need to receive a proper receipt for your spending if you want to submit it as a tax deductible item when you...

I have often received questions from foreigners about the banking system in Korea. Even for Koreans, it is notoriously complicated....

1. Corporate Seal(Beop Ihn Doh Jaang:법인도장, 법인인감 or 법인인감도장) 2. Corp. Seal Certificate issued by the Supreme Court(Ihn-Gaam Certificate:...

I have a lot of questions about the tax deduction of housing rental since all of you Expats may pay 300-3,000U$ monthly for your housing....

Recently I heard that this way of getting D-8 VISA without 100,000U$ injection from overseas, this is a kind of program to promote...

There are two tracks through which you can buy national medical insurance. The first is the “Employee track” and the second is the “Area...

When you hire a full-time staff member in Korea, be they a “contract” employee (계약직) or a “regular” employee (정규직), you have to provide...

Any countries has these kind of compulsory liabilities to the people and entities, but it’s a bit different rate and various kinds...

I’d like to let you guys know about the non-taxable income salaries for employees, have you ever heard about it? I’m not talking about...

Whether you’ve lived here all your life, you’re an expat who just arrived, or you’re a small business trying to become a big business,...