FLAT TAX 19% is extended. 50% TAX CUT for foreign ENGINEERS is also extended. Q: Hi Christie Is 19% foreigner tax extended to 2019? A: Hi Daniel Tax revision for 2019 is finalized /announced at the end of 2018. Foreigner … Read More
Q: If it’s okay, I had a question regarding the tax office. When I first came to Korea in 2013, my hagwon boss told me not to worry about the taxes and that the employer usually takes care of it. But … Read More
Top 3 Benefits of Hiring Part-time staff in Korea Three types of employment in Korea which are common: regular worker, freelancer, part-timer. Part-timers are often used for a light duty work on a small time basis. Here, I focus on … Read More
Lump-sum National pension refund when leaving Korea. #NationalPension #Socialsecurity #selfemploymenttax #pensionrefund #immigration My American friend Jame had to take care of a lot of things (family, house etc.) while moving back to USA and forgot about the pension he contributed … Read More
Q: My family has precision tool business in the UK and I wish to have an affiliate in Korea. What is best way to form? Subsidiary or Branch? ANSWER: If you wish to set up a legal entity that is … Read More
The Seoul Global Center is kicking off it’s business startup school again, and I’ll be teaching the tax portion. This is a great lecture series for anyone who wants to know how to startup a business in Korea.