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december tax due date

September Tax schedule 1.Withholding tax filing(~9/10)When you pay your employees a salary, it is your responsibility to deduct taxes from their salary before paying them.*For example, if your employee has a contracted salary of 2,500,000 KRW, you must deduct 35,600 KRW for taxes, and pay your employee 2,464,400 KRW. The 35,600 KRW you deducted must be reported on a withhold tax return and paid to the tax office on be.. 더보기
August Tax schedule you should not miss! ln this month as the due dates are on weekend(8/10 - Saturday/ 8/31 - Saturday) the due dates for the each taxes are extended to next Monday(8/10 -> 8/12 , 8/31 -> 9/2) 1.Interim Corporate income tax filing  (~9/2)Corporations must prepare a financial statement for the first half of the year (January 1st to June 30th). Based on this financial statement, corporations should file a corporate incom.. 더보기
Important July Tax schedule 1.VAT filing & payment  (~7/25) Nobody can deny that the most important tax schedule in July is VAT filing. The VAT return includes the company's revenues and costs and is reported to the tax office. This means that the company's revenues and costs are finalized. Once reported, it is difficult to correct these figures, so VAT filing is crucial. Unlike April's VAT filing, which only corporation f.. 더보기
Stay on Top of Your Tax Obligations: Important Deadlines to Meet in April! 1.Withholding tax filing(4/11) When you pay your employees a salary, it is your responsibility to deduct taxes from their salary before paying them. For example, if your employee has a contracted salary of 2,000,000 KRW, you must deduct 100,000 KRW for taxes, and pay your employee 1,900,000 KRW. The 100,000 KRW you deducted must be reported on a withhold tax return and paid to the tax office on .. 더보기
March Tax Deadlines in Korea 1.Corporate inocme tax filing (~3.31) If you run a company in Korea, you need to pay taxes on the money you make. You have to file a special tax form called a "corporate income tax return" and send it to the tax office. The deadline for this is three months after the end of each year, which is usually December 31st. But some companies choose a different year that ends in March, and they have to .. 더보기
Your January Tax Calendar : Must-Know Deadlines 1.Withholding tax filing(1/10) When you pay your employees a salary, it is your responsibility to deduct taxes from their salary before paying them. *For example, if your employee has a contracted salary of 2,000,000 KRW, you must deduct 100,000 KRW for taxes, and pay your employee 1,900,000 KRW. The 100,000 KRW you deducted must be reported on a withhold tax return and paid to the tax office on.. 더보기
DecemeberTax schedule in Korea 1.Withholding tax filing(12/10) When you pay your employees a salary, it is your responsibility to deduct taxes from their salary before paying them. *For example, if your employee has a contracted salary of 2,500,000 KRW, you must deduct 35,600 KRW for taxes, and pay your employee 2,464,400 KRW. The 35,600 KRW you deducted must be reported on a withhold tax return and paid to the tax office on .. 더보기