Tax Insights
Practical notes on Korean tax and accounting, in English.
6 Things to Compare When Getting a Bookkeeping Quote in Korea: The Same KRW 100,000 per Month Can Cover Different Work
Do not compare bookkeeping quotes by the monthly price alone. Check whether the closing …
Read →Bookkeeping Fee Examples (2026): Freelancer, Restaurant, Online Store, Rental, Company
Bookkeeping fee examples for six businesses with different industries, sales, and staff. …
Read →How remote bookkeeping works in Korea: from sharing documents to filing
With remote bookkeeping, you hand over your books and filings without visiting an office, …
Read →How to switch tax accountants in Korea: steps and what to prepare when moving your bookkeeping
You can change your tax accountant (bookkeeping agent) at any time, and the tax office …
Read →Just started a business in Korea: do you need to hire for bookkeeping? Simple vs. double-entry rules
A sole proprietor is a simple bookkeeping filer in the first year of business and in any …
Read →What Is a Fair Bookkeeping Fee in Korea? Monthly Fees and Annual Total for Sole Proprietors and Companies (2026)
There is no fixed price for bookkeeping. The fee depends on sales volume, number of …
Read →January VAT for Shop and Officetel Landlords: Deemed Rent at 3.1% and Tax Invoices
Landlords of shops and business-use officetels file VAT for July–December by January 25, …
Read →Corporate Year-End Closing Checklist 2026: CEO Loans, Executive Bonuses, Entertainment Expense Limit
If your company has a December year-end, before December 31 sort out CEO suspense payments …
Read →Year-End Tax Settlement Preview 2026: 4 Ways to Raise Your Refund Before December 31
The year-end tax settlement preview opens on Hometax every year in early November. It …
Read →Comprehensive Property Tax Payment Period, Installments, and Deferral (December 1 to 15, 2026)
The 2026 comprehensive real estate holding tax is paid from December 1 to 15. If the tax …
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