Navigating Electronic Tax Invoices: Compliance and VAT Law in Business Transactions in Korea
Expansion of Mandatory Electronic Tax Invoicing in South Korea: Lower Thresholds for Compliance Korea continues to advance its electronic...
Year-End Closing Tips for Startups in Korea
As the end of the year approaches, startups in Korea must prepare for their annual financial closing. This process is not just about...
Key Considerations for Startups During Year-End Financial Closing
As the year-end approaches, many startup companies prepare for their year-end financial closing. This process involves organizing and...
Guide to Semi-Annual Withholding Tax Filing in Korea: Eligibility and Benefits
In South Korea, withholding tax filings are typically required on a monthly basis. However, under certain conditions, eligible businesses...
How to Report Freelance Income from Abroad in Korea
If you are residing in Korea and receiving a freelance-type salary from a foreign company without a legal entity in Korea, it may not...
How to Adjust Preliminary Income Tax Payments in Korea for Reduced 2024 Earnings
If you’ve received a preliminary income tax notice (중간예납안내문) and a payment notice in Korea, it generally requires you to pay half of the...
PAPA(American: non-Resident) Gave Me 20K U$, Do I(American: resident) need to Pay the Gift tax in Korea?
As an expat living in Korea, understanding the local tax regulations can be a bit daunting, especially when it comes to receiving gifts...
Foreigner(Non-Resident) Family Needs to Pay the Inheritance Tax in Korea?
Questions: I am writing to seek clarification regarding the inheritance tax laws in Korea, as they pertain to the estate of my late...
Maximizing VAT Deductions When Filing Your Return in Korea; Make it Easy from the Beginning
Maximizing VAT deductions when filing your return in Korea requires a comprehensive understanding of the VAT system and meticulous...
Korea Stock Taxes: A Comprehensive Guide for Investors
Introduction Navigating the world of investments can be complex, and understanding the tax implications of those investments adds an...
