For foreign business owners

Your business in Korea,
your taxes handled.

Whether you run a shop in Korea or are setting up a Korean company from abroad. A licensed Korean tax accountant (세무사) handles your bookkeeping and filings, and you can consult us in English.

Business registration is only the start

If you run a business in Korea, there is something to take care of every month. Sound familiar?

01Missing a filing deadline

Filing VAT or income tax late means penalty tax is added.

02Notices only in Korean

Tax office notices and tax terms are hard to follow, even for Koreans.

03Once you hire staff

Payroll filings, withholding tax and the four social insurances come every month.

What we do for you

Business registrationWe review your business type and tax type before you register, so you start on the right footing.
Bookkeeping & tax filingMonthly bookkeeping and filing of VAT, comprehensive income tax and corporate tax, on time.
Payroll & staffWithholding tax, the four social insurances, and a review of special tax rules for foreign employees.
Company setupIncorporation support. Registration is free for bookkeeping clients; statutory fees such as registration tax are separate.

Setting up a Korean company from abroad

If you are based outside Korea, decide first whether to set up as a foreign direct investment or as a regular company. Getting the order and the money flow right at the start matters.

  1. Choose the setup routeForeign direct investment or a regular Korean company
  2. Capital & incorporationBring in the investment and register the company through our partner judicial scrivener
  3. Business registrationCorporate business registration, plus foreign-invested company registration if you use the FDI route
  4. Monthly bookkeeping & corporate taxBooks and filings, plus reporting materials for your head office
Choosing the routeWe compare the FDI route and a regular company based on your investment size and visa plans.
Company structureCapital, shareholders, and whether a subsidiary, branch or liaison office suits you best.
Corporate books & taxMonthly bookkeeping and VAT and corporate tax filings for your Korean company.
Dividends, remittances & tax treatiesWhen you send dividends or service fees home, we review withholding tax and the treaty rate with your country.

On the FDI route, our partner administrative agent helps with stay procedures such as the D-8 investor visa, and our partner judicial scrivener handles incorporation. You can proceed online from abroad.

A business report on your phone, every month

Charts and numbers you can read at a glance, even if Korean tax documents are hard to follow.

  • Monthly report — Sales, purchases, profit and expected VAT
  • Deadline alerts — Payment and filing dates sent in advance on KakaoTalk
  • Half-year review — For double-entry and corporate clients, we estimate this year's tax from your first-half results

How it works

We start with your questions, and the tax accountant sees it through.

01Contact us

Tell us about your business and situation, in English or Korean.

02Tax accountant review

Our tax accountant checks your business type, tax type and the steps you need.

03Bookkeeping contract

We open a dedicated chat room and set up how to share documents.

04Every month

Reports, deadline alerts and tax filings, all handled for you.

Bookkeeping fees, upfront

Sole proprietor, simple books

fromKRW 60,000

Sole proprietor, double-entry books

fromKRW 80,000

Corporation

fromKRW 120,000

Monthly starting price for businesses without employees, VAT excluded. A separate annual tax adjustment fee applies.

Moon Jeong-ho, Certified Tax Accountant (세무사)

Your tax accountant

Moon Jeong-ho, Certified Tax Accountant (세무사)

Head of Yeollin Tax & Accounting. We work with clients across Korea online, and the head tax accountant looks after each client personally.

Please tell us which language you prefer when you contact us.

Tell us about your business

We will get back to you as soon as we can.

+82-41-541-7566

yeollintax@naver.com

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