South Korea

Basic Facts

South Korea overview

Top 3

Reasons for doing business in South Korea

Integrated investment tax incentive system

Tax exemptions up to 15 years for companies in 9 Free Economic Zones (FEZs)

Taxable year for corporate tax purposes as elected by the taxpayer

More advantages

Progressive corporate income tax (CIT) rates of 9-24%,
Research & development (R&D) tax incentives,
Skilled workforce and strong IP protection,
Net operating losses (NOL) may be carried forward for 15 years,
CFC rules and thin capitalization apply,
Progressive inheritance tax and gift tax rates of 10-50%,
No wealth tax.

Company formation in South Korea

Do you need to establish a company in South Korea? Then to administer it?

Are you looking for a reliable lawyer or accountant in South Korea?

Do you want to structure your international business in a correct way?

You do not know yet what do you need?

No worries, contact us at any time, we are ready to help you to find the right answers and workable solution for your specific needs. We are here for you. Anytime.