Korean Tax Blog

A "gift effective upon death," or 사인증여 (sainjeungyeo), is a unique form of asset transfer that becomes valid only upon the donor's death....

As an expat living and working in Korea, it’s essential to understand the country’s social security programs. These programs cover a...

Navigating the tax system in a foreign country can be overwhelming, especially if you’re an expat living in Korea. Whether you’re working...

A comprehensive overview of this year's updates to help you meet your obligations and avoid penalties. With the implementation of the...

If you're a foreigner living in Korea or planning to give gifts here, it's important to know how gift taxes work. This guide will help...

Introduction If you’re a foreigner who owns property in Korea, understanding the inheritance tax is crucial. Korea imposes inheritance...

A "gift effective upon death," or 사인증여 (sainjeungyeo), refers to a special type of gift contract that only takes effect once the donor...

October 17, 2024 Sean Hayes www.thekoreanlawblog.com I read this 10 rules once upon a time, but I think some of rules are still valid...

Registering a not-for-profit organization in Korea involves several crucial steps and a comprehensive understanding of the legal...

VAT registration in Korea is a crucial procedure for any business seeking to operate within the country's tax framework. Since its...