Taxation
Companies seeking to do business in the ROK should obtain professional advice on the local taxation system. Businesses operating in the ROK will be subject to a range of taxes including corporation tax which contains three types of taxable income:
- income of each business year
- liquidation income
- capital gains from the transfer of property.
Up-to-date information regarding the taxation system and current rates of taxation in the ROK can be found on the Invest Korea website.