PinnedAra Jung CTAinARA TAXBranch office vs. Subsidiary in KoreaThe very first step to entering the Korean market and starting a business as an incorporated entity is deciding on the type of business…Jun 13Jun 13
Ara Jung CTAinARA TAXFinding the right accounting firm for your corporation in KoreaTax and accounting services are essential functions in running a company. In this article, I would like to share three points to check…Mar 16, 20231Mar 16, 20231
Ara Jung CTAinARA TAXHow to get a tax credit from monthly house rent as a foreign resident?Foreigners with salary income earned in Korea can now seek a further income tax reduction by applying house rental payment tax credit or…Feb 20, 2023Feb 20, 2023
Ara Jung CTAinARA TAXUpdates on Health Care system in KoreaStarting 1 September 2022 the National Health Insurance(NHI) will change its calculation method for self-employed insured from a point…Aug 30, 2022Aug 30, 2022
Ara Jung CTAinARA TAXLiaison Office VAT refund in KoreaA liaison office has no VAT filing liability in Korea, but it can still claim for VAT refund on certain expenses such as office rental…Jun 22, 2022Jun 22, 2022
Ara Jung CTAinARA TAXHow to get a tax credit for monthly house rent as a foreign resident?Starting 2021, a foreigner with salary income less than KRW 70mil a year can apply for a tax credit of 10% to 12% of the total rental…Sep 30, 20212Sep 30, 20212
Ara Jung CTAinARA TAXCan my car be a business expense? — Tax saving tips for small business owners in S. KoreaCan I take advantage of my car by reporting it as a business vehicle?Sep 17, 2021Sep 17, 2021
Ara Jung CTAinARA TAXEverything about Flat Income Tax Rate for Expats in South KoreaWhat is a Flat Tax Rate?Aug 26, 2021Aug 26, 2021
Ara Jung CTAinARA TAXA Guide to Tax Life in Korea : Do you know your business code?When you start business in Korea, you have to register at Tax Office for Business Registration Certificate which looks like this.Jul 29, 2021Jul 29, 2021
