According to recent data from the Korea Agro-Fisheries & Food Trade Corporation and the Korea Customs Service, the export value of Korean...

Hanwha Aerospace's Redback armored vehicle is on the verge of being exported to Australia. The Australian government is expected to...

Korea National Railway (KNR) has signed a memorandum of understanding (MOU) with Kyrgyz Railways for cooperation between the two...

KB Kookmin Bank has announced its participation as a title sponsor in co-hosting SMTOWN LIVE 2023 with SM Entertainment in Jakarta,...

Elements Europe, a subsidiary of GS E&C, has successfully completed its contract for the Camp Hill project in Birmingham, UK. This...

KEPCO KPS, a South Korean co mpany, has signed an extension contract with the Uruguayan Electricity Authority (UTE) for the Punta del...

No tax is levied on paintings with a transfer value of less than 60 million won. Works of surviving artists in Korea are unconditionally...

In Korea, corporations file VAT returns four times each quarter, and individual entrepreneurs file a total of two VAT returns, once...

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...

Reference: Link

Airbnb wants to add 'hanok' as a category amid growing interest in K-culture from international travelers By Kang Jae-eun SEOUL, Sept. 29...

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....

FDI in Figures Global foreign direct investment (FDI) flows in the first half of 2021 reached an estimated USD 852 billion, showing...

[Source: Zigbang] South Korea’s No.1 real estate application operator Zigbang advances into the global virtual office market with Soma...

Filing returns Reference: Link www.nts.go.kr

Foreign corporations with income derived from sources in Korea are subject to CIT on such income. If the foreign corporation has no...

The hiring an employee requires a company to follow the labor laws in Korea. One of the requirement that most foreign invested companys...

Special tax concession for foreigners working in Korea Foreign expatriates and employees who will start to work in Korea no later than 31...