Did you apply for "Tax Reduction" of SME employee: Getting 2 Mil.won back
1. Submission of Tax Reduction Application Employees who wish to apply for tax reduction must submit the "Small and Medium Enterprise...
Less than 4 employees, your Employer can fire YOU with 1 month notice, is it fair ENOUGH?
In a lot of workplaces, especially those operated by small businesses, an employee can’t appeal for "unfair dismissal"; at the labour...
Corona Subsidy in Seoul
Seoul city hall announced that they will support all of sole proprietors and small company located in Seoul while paying 1.4mil.won cash....
Corp. Income Tax Return
Every corporation(around 790,000 company) must file the Corp. Income Tax Return and pay the tax by the 1st of April for 2018 FY. As I...
Innovate and Save!
April 1 is the day after Easter for Christians and April Fool’s Day for Koreans. For corporations, however, it’s the day after the due...
Saving Your VAT
I’d like to introduce how we can save your VAT through your credit/debit card, it looks like a bit complicated to register your credit...
Good Credit for a Rainy Day
Whether you’ve lived here all your life, you’re an expat who just arrived, or you’re a small business trying to become a big business,...
Accountant in Korea
In the United States, people can prepare tax returns without the need of a license. In which case an EA (Enrolled Agent) and a CPA...
Individual Income Tax
Many expats have recently come to me with questions about the Individual Income Tax as they prepared their Year-end Settlement documents...
5 Things to Check When Filing Taxes in Korea
1. Are you salaried as a regular employee? You don’t need to file taxes if you’re hired by an employer as a regular employee (정규직, i. e.,...
