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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...


Explanation of the Settlement Period for Health Insurance Premiums in Korea
In Korea, health insurance premiums are managed by the National Health Insurance Service (NHIS) , and both employees and employers...


The Tax Saving Benefits of Enrolling in the National Pension: Insights for Employees and Self-Employed Individuals
Enrolling in the National Pension offers a significant tax-saving benefit. This benefit applies to both employees and self-employed...


Procedure for Corporate Businesses to Register for E-commerce (Mail Order) Sales License
The mail-order business license issued by the Gu-office is a permit required to operate an online and non-face-to-face sales business,...
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