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[VAT]Why Your Meal Expenses Are Not VAT Deductible for Your Business? 1.Entertatinment expense As you run your business, you may occasionally treat your clients to luch , dinner, or some gift. and we can account for these costs are "entertainment expense" on your income statement. The rule for VAT deduction is, if you spend money for your business and obtain a tax invoice, cash receipt, or use a credit card(qualified receipt), your can deduct amount of VAT of your.. 더보기
G-tax Providing services If you're looking for a way to better understand your company's tax situation, look no further than G-tax! We offer a user-friendly English version of tax return forms that are designed to simplify the process and help you stay on top of your tax obligations. Our streamlined approach to tax filing ensures that you don't have to navigate complicated tax laws or worry about making costly mistakes... 더보기
Important Tax Deadlines You Need to Know for March 1.Corporate inocme tax filing (~3.31) If you run a company in Korea, you need to pay taxes on the money you make. You have to file a special tax form called a "corporate income tax return" and send it to the tax office. The deadline for this is three months after the end of each year, which is usually December 31st. But some companies choose a different year that ends in March, and they have to .. 더보기
G-tax introduction (contact) Welcome to G-TAXG-TAX, also known as GAHYUN TAX, is a tax group based in South Korea with over 30 certified tax accountants. As a member of the Gahyun tax group, G-TAX offers international tax services for those who have businesses in South Korea or are looking to start one. We don't just provide tax and accounting services, but we also offer tailored services to meet your specific needs. Our Go.. 더보기
About us You can find us in FKCCI, ITCCK member directory! 더보기
Year-end tax settlement guide -1 [PDF downloads] To start your year-end tax settlement in Korea, the very first thing you should do is to download ‘the PDF file’ from home tax. ​ The PDF file shows information of all receipts,medical bills and other bills you paid in a year. ​ *If you don’t get this PDF file, you should collect all the receipts, medical bills and other bills by yourself ​ ​ Almost all items are provided through this PDF file, .. 더보기
January 2023 Tax Deadlines ​ ​ It's very important to know when taxes are due in Jan. And, for many business onwers, there are more tax deadlines to care about than just the due date for your corporate income(or income tax) tax return. ​ If you miss a tax deadline, the NTS (Korea National Tax Service) can hit you hard with penalties and interest. So, I'd like to introduce you what taxes you should pay and what other oblig.. 더보기
[Payroll]Withholding tax guide [G-tax guide book] Do your company have employees? than I'm sure your company pay salary to your employees. When you pay salary, you should pay 'net salary' which deducted taxes (if need, social insurances too) from salary not the total amounts of salary which is before tax. And deducted taxes should be paid to tax office. yes it means company pay employees taxes on behalf of them from their salary. we call this p.. 더보기