라벨이 Hometax인 게시물 표시

How to File Taxes in Korea as a Foreigner

A Step-by-Step Guide to Navigating Korean Income Tax as an Expat or Worker 1. Do Foreigners Need to File Taxes in Korea? Yes. If you earn income in Korea, you’re generally required to file and pay Korean income tax , regardless of your nationality. You may fall into one of the following categories: Resident foreigner (living in Korea for 183+ days ) – taxed on worldwide income Non-resident foreigner – taxed only on Korean-source income 💡 If you're employed full-time, your employer usually handles tax filing , but you may still need to review or claim deductions. 2. Tax Filing Period in Korea Annual tax filing (종합소득세 신고) : Filing period: May 1st – May 31st Covers income from the previous calendar year Year-End Tax Settlement (연말정산) : For salaried workers only Usually handled by the employer in January–February 📅 If you're a freelancer, self-employed, or earning multiple income types, you'll need to file manually in May . 3. How t...