The Importance of Timely Tax Returns in Korea: A Comprehensive Guide
In South Korea, according to the National Tax Service (NTS), there are 9.6 million businesses, and 7.4 million of them are...
Mandatory issuance of e-Tax invoices
From July 1, 2022, the subject of mandatory electronic tax invoice issuance will be expanded. As of 2021, the total amount of taxation...
Global Income Tax Return in Korea(종합소득세)
Residents who earned income in Korea need to file the captioned return by the end of May, you can visit a tax office near you with your...
Minimum Wage
I think minimum wage hit our labour market very negatively last year and will more negatively effect this year especially in a small and...
Issuing Tax Invoice in Korea
An Incorporation need to issue a tax invoice electronically(전자세금계산서) according to the Korean tax law, so need a digital certificate(for...
Filing Tax by the end of May
Do I need to file a tax return even I have only salary income? Yes, if you had more than an employer or 2 different income sources in a...