Bookkeeping on Barun Tax & Accounting

6 Things to Compare When Getting a Bookkeeping Quote in Korea: The Same KRW 100,000 per Month Can Cover Different Work

Wed, 28 Oct 2026 00:00:00 +0000

Do not compare bookkeeping quotes by the monthly price alone. At the same KRW 100,000 per month, one office may include VAT and withholding tax filing, while another may charge extra for payroll work or for closing and filing. Set the 6 points below on the same basis, then compare the annual total.

6 points to compare in a bookkeeping quote

What to compare	Question to ask
1. Closing and filing fee (adjustment fee, 조정료)	Is it separate from the monthly fee? If so, how much?
2. Included filings	Are VAT and withholding tax filings included in the monthly fee?
3. Payroll work	Are the payroll ledger, four social insurance filings, year-end tax settlement (연말정산), and payment statements included, or charged per employee?
4. Annual total	What is monthly fee × 12 + adjustment fee + extra work fee?
5. Contact method and response time	Who do you talk to, on which channel (KakaoTalk, phone, email), and how fast do they reply?
6. Notice before filing	Do they tell you the estimated tax and the due date before you file?

How to compare by annual total

Calculate the annual total like this.

Bookkeeping Fee Examples (2026): Freelancer, Restaurant, Online Store, Rental, Company

Wed, 28 Oct 2026 00:00:00 +0000

Barun Tax & Accounting bookkeeping starts at KRW 100,000 per month for sole proprietors and KRW 120,000 per month for companies. This includes monthly bookkeeping, VAT, withholding tax, and four social insurance filings, and year-end tax settlement. The once-a-year closing and filing fee (adjustment fee, 조정료) is separate. Below are examples for six businesses with different industries, sales, and staff. The actual fee is confirmed after a consultation, based on transaction volume and scope of work.

How remote bookkeeping works in Korea: from sharing documents to filing

Wed, 28 Oct 2026 00:00:00 +0000

With remote bookkeeping, you hand over your books and filings without visiting an office, exchanging documents by KakaoTalk or email. The firm pulls tax invoices, card and cash receipt data directly from Hometax (홈택스) with your approval, so you only send bank statements and the expenses and payroll changes that Hometax does not capture. The work is the same as in-person bookkeeping.

How to switch tax accountants in Korea: steps and what to prepare when moving your bookkeeping

Wed, 28 Oct 2026 00:00:00 +0000

You can change your tax accountant (bookkeeping agent) at any time. The tax office does not view a change unfavorably. There are 3 steps: sign with the new firm, approve the new agent in Hometax (홈택스), then collect the prior books and filings. The best time to switch is right after you finish a filing.

Just started a business in Korea: do you need to hire for bookkeeping? Simple vs. double-entry rules

Wed, 28 Oct 2026 00:00:00 +0000

A sole proprietor is a simple bookkeeping filer in the first year of business and in any year when prior-year revenue is below the industry threshold (KRW 300 million for wholesale and retail, KRW 150 million for restaurants, KRW 75 million for services), and may keep simple books. At or above the threshold, double-entry books are required, and filing without books adds a no-bookkeeping penalty (무기장가산세) of 20% of the calculated tax. A corporation uses double-entry books from the start.

What Is a Fair Bookkeeping Fee in Korea? Monthly Fees and Annual Total for Sole Proprietors and Companies (2026)

Wed, 28 Oct 2026 00:00:00 +0000

There is no fixed price for bookkeeping. The fee depends on sales volume, number of transactions, industry, number of employees, and the scope of work you hand over. The same monthly amount can cover different work. So compare quotes by the annual total (monthly fee × 12 + year-end closing and filing fee). Barun Tax & Accounting starts at KRW 100,000 per month for sole proprietors and KRW 120,000 per month for companies. The adjustment fee is separate.