cpa in Korea 썸네일형 리스트형 March Tax schedule in Korea 1.Corporate inocme tax filing (31st Mar)If you run a corporate business in Korea, corporate income tax filing is one of the most important tax filings of the year. You need to pay taxes on your company’s profits by submitting a corporate income tax return to the tax office and making the payment by the end of March.The deadline for filing is three months after the end of the fiscal year, which i.. 더보기 February Tax schedule in Korea 1.Preparation for Year-end tax settlement Nevertheless, the legal due date for the year-end tax settlement for employees is March 10th, but every company should complete the process in February (and many companies do it in January as well).Year-end tax settlement applies only to individuals working as employees of a company.If you are an individual business owner, you do not need to do a year-en.. 더보기 [Tax Updates 2024] The special flat tax rate for foreigner applying period has been extended! In Korea, tax rates adhere to a progressive tax rate system, where the tax rate increases with higher income. As per the income tax law, tax rates range from 6% to 45%. Nevertheless, there exists a special taxation scheme for foreigners. Those who qualify for this special taxation can benefit from a 20% flat tax rate. While the 20% tax rate may seem lower compared to the normal progressive tax r.. 더보기 이전 1 다음
