taxfiling 썸네일형 리스트형 [CIT] Understanding External Audits: Which Companies Are Subject to? In Korea, companies that meet the legal standards are required to hire an external auditor, typically an accounting firm, to conduct audits of their financial statements. The external audit process is crucial as it can significantly impact your company's trustworthiness and reliability, albeit it also incurs both time and expenses. However, as I mentioned, not all companies are subject to extern.. 더보기 [Corporation set up] What are the differences between corporate and individual businesses in Korea? - 3 (Representative's salary) If you're considering launching a business in Korea, the initial step you'll want to take is obtaining a business license in Korea. We can categorize business licenses into two types: individual business licenses and corporate business licenses. There are significant differences to consider, particularly in the representative'ss salary. Today, I'll provide an explanation of these aspects. 1)As a.. 더보기 [Corporation set up] procedures you should complete after obtaining your business license in Korea Once you have successfully obtained your business license in Korea, there are additional steps you should follow to ensure your business is compliant and fully operational. Here's a step-by-step guide to these post-licensing procedures: 1.Obtain Digital certificates. In Korea, digital certificates are crucial for your business operations. Nearly every procedure you undertake for your business wi.. 더보기 [Payroll] Demystifying Payroll: The way of Calculating Employee Income Tax on Payslips If you are an employee working for a company, you will receive payment in the form of a salary from the company. (It's same even if you are a representative of a corporate!) And You can observe a few items that have been deducted from your contracted salary (gross salary), highlighted in red in the sections below. These factors can be quite frustrating as they result in a decrease in your gross .. 더보기 Income Tax Filing Checklist to Help You Cut Your Taxes! As a Certified tax accountant who has filed hundreds of income tax returns over the last six years, I've noticed that taxpayers often overlook certain tax-deductible items. To help you save money on your taxes, here's a list of items you should consider: 1.Health insurance There are two types of health insurance: 1)company health insurance that you pay for while working for a company(this compan.. 더보기 Don't miss out : Crucial things many business owners overlook in their Corporate Income Tax filing March has been quite the hectic season for us corporate and tax accountants. Amidst the busy days, I've noticed that many companies are missing out on some fantastic benefits or risking hefty penalties. So, I wanted to share this post with you all and urge you to take a look at your CIT return if you're a business owner. 1.Hiring Employees? Get Tax Credits! Did you hire more employees this year .. 더보기 Important Tax Deadlines You Need to Know for March 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 Year-end tax settlement guide -1 [PDF downloads] To start your year-end tax settlement in Korea, the very first thing you should do is to download ‘the PDF file’ from home tax. The PDF file shows information of all receipts,medical bills and other bills you paid in a year. *If you don’t get this PDF file, you should collect all the receipts, medical bills and other bills by yourself Almost all items are provided through this PDF file, .. 더보기 이전 1 다음
