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FLAT TAX 19% is extended to the year 2021

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 flat tax rate of 19% (on salary income) will be effective until the year 2021.

On a different note, 5year 50% tax cut for a foreign ENGINEER is also effective until the year 2021.
This is applicable only he/she is working for a project that has the value of over 300,000usd and he/she has a certain degree/work experience etc.
#taxsave
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#taxexemptionforforeigner
#engineer#flattaxrate
#salaryincometax #freeseminar #business#koreantax #절세 #외국인과세금 #외국인투자 #minimumwage #일자리보조금#

 

 

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