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South Korea

Corp Tax: 25%Setup: 400,000 KRWIncorporate: 14 daysData Quality: 68%

Tax Rates

Corporate Tax

25%Verified Aug 58067

Small Business Rate

10%

Effective Corporate Rate

27.5%

Capital Gains

25%

Personal Income (Top)

45%Verified Aug 58067

VAT

10%Verified Aug 58067

Dividend Withholding

20%Verified Aug 58067

Tax System

System Type

worldwideVerified Aug 58067

Foreign Income Taxed

Yes

CFC Rules

YesVerified Aug 58067

Transfer Pricing

highVerified Aug 58067

TP Documentation Required

Yes

Incentives

IP Regime

AvailableVerified Aug 58067

IP Effective Rate

12.5%

Crypto Tax

capital gainsVerified Aug 58067

Crypto Rate

20%

Participation Exemption

None

International

Total Treaties

97Verified Aug 58067

Double Tax Agreements

Key Partners

United States, China, Japan, United Kingdom, Germany, France, Singapore

Exit Tax