Entity Set-up in Korea
Since the amendment of the commercial law in 2012, the articles of incorporation have become a lot easier for everyone in Korea. There...
Want to Save the VAT? Drive a Right Car
If you run a business in Korea, then you already know that the 25th of April marks the due date for your Q1 VAT payment. What many of you...
Individual Income Tax in Korea
Over the years, I have gotten a lot of questions about Individual income tax; most frequently, expats ask about the year-end settlement...
Introducing the "Yellow Umbrella" Union for small business owners
I’d like to introduce the “Yellow Umbrella” Union for SME owners. It's basically a government-sponsored rainy-day fund for owners of...
