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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 in the first half and once in the second half.

October 25 (Tuesday) is the deadline for filing and payment of VAT in the third quarter, and is the deadline for individual entrepreneurs to pay the expected notice amount.

Please do not forget to file and pay the VAT by the 25th.


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Which tax rate will be better for you to choose at below. Flat tax rate: 19% VS Basic income tax: 24%(From Krw 50mil to Krw 88mil) If your income is over krw 100mil, there is a possiblilty that you c


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