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Wage related Reporting Obligation(지급명세서- 간이): Frequency and Due Dates in Korea

Small and medium-sized enterprises (SMEs) and sole proprietors with a workforce of fewer than 20 employees are required to submit wage-related filings biannually. These filings can be conveniently done through the Hometax (Son-Tax) platform using a mobile phone, which also offers a discount of 200 KRW per employee. Additionally, there is an option to opt out of monthly filings and instead, consolidate and submit these for regular employees in June and December each year. By choosing this biannual filings and payment method, employers can comply without incurring any penalties.

For more details, please feel free to reach out at or If you would like a consultation with an English-speaking Consultant/Accountant in Korea, please schedule a call at: Schedule a Call with Jz


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