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Tax liability

According to Korean Tax Act, a foreign resident who has resided in Korea longer than 6 months is subject to income tax on all personal earning while in Korea. Evidence of income tax payment will be required when he/she avoids double taxation from your own country, and when working Visa is renewed annually in Korea. A personal income tax paid or prepared through our taxpayer association will have 10 percent deduction from calculated tax amount.

Tax rate

Progressive Tax Flat rate
Taxpayer Natives & foreigners Foreigners
Tax rate 6~38% 17%(18.7% including local tax)
Deduction claim Available Not Available
Tax refund Available Not Available

For precise calculation, feel free to contact us with basic information like monthly salary, payable period and dependents in Korea.

 

Feel free to drop us a line if you are interested in this service, or have got some comments.

 

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