Corporate income tax filing 썸네일형 리스트형 [VAT] Understanding Value Added Tax in Korea for Foreign Businesses [Tax Firm Specializing in Foreign Companies]" Sarah, a foreign national, started a business in Korea. She established a business entity in Korea, secured customers, and sold her goods. One day, she received a letter from the NTS (National Tax Service in Korea) stating that she should file a Value Added Tax (VAT) return and pay the tax. However, she has no idea what VAT is and how to file a VAT return 1.What is Value added tax? Value Added T.. 더보기 What do you know about yout Profit & Loss statement? (Tax and dues) Most small and medium-sized companies often opt to outsource their bookkeeping and payroll to tax firms. This is because bookkeeping, which involves creating financial statements, requires expertise in accounting and tax knowledge. It's more efficient for companies to outsource this task to a reliable tax accountant rather than hiring an employee for the job. Consequently, you'll receive financi.. 더보기 [Tax benefit]Tax Benefits Available to SMEs (Small and Medium Enterprises) - Part 4 (Tax Benefit for Corporations Relocating Their Head offices Outside the Seoul Metropolitan Area ) SMEs in Korea may be eligible for special tax credits and tax reductions under the 'Act on Restriction on Special Cases Concerning Taxation.' Today's post is about tax redemption clauses, which can cut your company's tax by 100% for 6 years.(50% for additional 3years) 1.Corporations wishing to obtain the tax redemption must meet the following conditions The corporation must have been operating a.. 더보기 [VAT] VAT filing period is coming! In December there are no major tax filing in this month. So you might think that tax firms are not much to do in this month, However Decemeber is really important and busy month because VAT filing is coming in next year January. So, it's important to preapre it. we can calculate the VAT payable amounts in advance so that you can prepare for the tax payment! Below is the postings I wrote about VA.. 더보기 Is it acceptableto borrow money from company with no interest? Unlike individual businesses, corporate businesses are distinct from their owners (shareholders or representatives). This means that if you need funds from a corporate account, you can't simply withdraw them; instead, you must obtain them through methods such as salary, dividends, or loans. This applies not only to large companies with numerous shareholders but also to small corporations where y.. 더보기 What do you know about yout Profit & Loss statement? (Salary Paid to fmaily) Most small and medium-sized companies often opt to outsource their bookkeeping and payroll to tax firms. This is because bookkeeping, which involves creating financial statements, requires expertise in accounting and tax knowledge. It's more efficient for companies to outsource this task to a reliable tax accountant rather than hiring an employee for the job. Consequently, you'll receive financi.. 더보기 What do you know about yout Profit & Loss statement? (Salary and wages) Most small and medium-sized companies often opt to outsource their bookkeeping and payroll to tax firms. This is because bookkeeping, which involves creating financial statements, requires expertise in accounting and tax knowledge. It's more efficient for companies to outsource this task to a reliable tax accountant rather than hiring an employee for the job. Consequently, you'll receive financi.. 더보기 [VAT] Tax Rate for services acquiring foreign currencies -4(Countries grants the identical tax exemption to resident in the Korea) VAT] Tax Rate for services acquiring foreign currencies (How to Qualify for the 0% VAT Tax Rate -3) The standard VAT (Value Added Tax) rate in Korea is 10%, and it applies to almost all goods and services provided by your company to clients, except for certain non-VAT items. Consequently, when sending invoices to clients, your company adds a 10% VAT to t www.g-tax.kr In our last post, I explaine.. 더보기 이전 1 2 3 4 다음
