Tips for tax saving in art before jumping into Frieze Seoul.
No tax is levied on paintings with a transfer value of less than 60 million won. Works of surviving artists in Korea are unconditionally...
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- Oct 17, 2022
Don't miss the VAT Filing returns deadline
In Korea, corporations file VAT returns four times each quarter, and individual entrepreneurs file a total of two VAT returns, once...
- Oct 17, 2022
KakaoTalk(Messenger app) Server Malfuntion
In case of a fire in the office, our corporation also holds all of our data through Dropbox. I think the following case that occurred...
- Oct 7, 2022
Tax Deductions for Koreans and Foreigners
Reference: Link
- Oct 6, 2022
Airbnb wants to add 'hanok'
Airbnb wants to add 'hanok' as a category amid growing interest in K-culture from international travelers By Kang Jae-eun SEOUL, Sept. 29...
- Sep 30, 2022
Won's tumble strengthens case for sharp rate hikes, darkens outlooks for economy
By Koh Byung-joon kokobj@yna.co.kr SEOUL, Sept. 22 (Yonhap News) A recent accelerating slide in the local currency against the U.S....
- Sep 29, 2022
SOUTH KOREA: FOREIGN INVESTMENT
FDI in Figures Global foreign direct investment (FDI) flows in the first half of 2021 reached an estimated USD 852 billion, showing...
- Sep 28, 2022
Korea’s Zigbang forays into global virtual office market with Soma
[Source: Zigbang] South Korea’s No.1 real estate application operator Zigbang advances into the global virtual office market with Soma...
- Sep 27, 2022
Filing Return Schedule in Korea
Filing returns Reference: Link www.nts.go.kr
- Sep 26, 2022
Korea, Republic of Corporate - Withholding taxes
Foreign corporations with income derived from sources in Korea are subject to CIT on such income. If the foreign corporation has no...
- Sep 23, 2022
Required Four Major Social Insurance Schemes
The hiring an employee requires a company to follow the labor laws in Korea. One of the requirement that most foreign invested companys...
- Sep 22, 2022
Special tax concession for foreigners working in Korea
Special tax concession for foreigners working in Korea Foreign expatriates and employees who will start to work in Korea no later than 31...
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