Knowledge Hub

Insights, built around real questions

Instead of restating law firm client alerts, K-ITAX starts from the questions global tax and finance teams actually ask about Korea.

VAT

Korea VAT Registration for Foreign Companies: A Practical Guide

When a foreign company needs to register for Korean VAT, how simplified registration for digital services works, and whether VAT can be recovered without a Korean entity.

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Cross-Border Structuring

Branch vs. Subsidiary vs. Liaison Office in Korea

A practical guide to choosing the right business structure for foreign companies entering the Korean market — and why the cheapest option to set up isn't always the cheapest to operate.

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Cross-Border Structuring

How to Register a Foreign-Invested Company in Korea: A Step-by-Step Guide

The four-stage process for incorporating a Korean subsidiary — investment notification, fund remittance, incorporation, and FIE registration — and the sequencing mistakes that cause delays.

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Cross-Border Structuring

How to Register a Korean Branch or Liaison Office: A Step-by-Step Guide

The registration process for foreign companies choosing a branch or liaison office structure, and the filing deadlines that come with each.

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Corporate Tax

How Is a Foreign Corporation Taxed in Korea? The Corporate Tax Framework Explained

Korea's classification rules and the four sequential questions that determine a foreign corporation's Korean tax exposure.

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Corporate Tax

What Income Is Taxed for Foreign Corporations in Korea, and How?

Korean-source income categories, withholding rates, and the filing methods that apply once a foreign corporation is subject to Korean tax.

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Corporate Tax

Korean-Source Income for Foreign Corporations: Interest, Dividends, Real Estate, and Business Income

Interest, dividends, real estate, leasing, and business income — the first five of Korea's ten Korean-source income categories.

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Corporate Tax

Korean-Source Income for Foreign Corporations: Personal Services, Capital Gains, Royalties, and Securities

Personal services, capital gains, royalties, and securities transfer income — and the royalty vs. personal-services distinction that trips up even careful companies.

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Corporate Tax

What Is "Other Korean-Source Income" for a Foreign Corporation in Korea?

Korea's catch-all income category, and when a foreign non-profit corporation is taxable in Korea.

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Corporate Tax

How Is a Foreign Corporation's Taxable Income Calculated in Korea?

How Korean taxable income starts from book income and is adjusted through additions and deductions — and the adjustments that trip up foreign-owned entities most often.

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Corporate Tax

Common Expense Allocation for a Korean Branch of a Foreign Company: What Finance Teams Need to Know

How a Korean branch deducts its share of head-office common expenses, the allocation methods the NTS accepts, and the documentation that supports the claim.

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Corporate Tax

Corporate Tax Filing in Korea: What Foreign Companies With a Korean PE Need to Know

The corporate tax return filing deadline, required attachments, and estimated tax payment rules that apply once a foreign company has a taxable presence in Korea.

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Recent Developments

Korea's Supreme Court Clarifies Foreign Tax Credit Limits When One Foreign Operation Posts a Loss

What the LG Chem and Hyundai E&C rulings mean for Korean companies with multiple foreign operations.

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Corporate Tax

Business Year and Tax Domicile for Foreign Corporations in Korea

How foreign corporations set their fiscal year in Korea and determine which tax office has jurisdiction over their filings.

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Transfer Pricing

International Transaction Reporting Requirements in Korea: What Foreign Companies Must File

A practical guide to Korea's transfer pricing filings — the international transaction statement, pricing method reports, and local/master file — deadlines, thresholds, and penalties.

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Recent Developments

Korea's 2026 Tax Reform Proposal: International Tax Changes at a Glance

A quick overview of the cross-border tax provisions in Korea's 2026 tax reform proposal that foreign companies should watch — not yet enacted law.

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Recent Developments

Korea's 2026 Tax Reform Bill: What Foreign Companies and Multinationals Need to Know

A practical guide to the provisions in Korea's 2026 Tax Revision Bill that matter for foreign investors, multinational groups, and cross-border businesses.

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Permanent Establishment

What Counts as a Permanent Establishment in Korea?

The core three-part test behind Korea's "domestic place of business" rule, and what actually qualifies.

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Permanent Establishment

Construction Sites as a Permanent Establishment in Korea

How long a job site has to run before it creates Korean tax exposure.

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Permanent Establishment

Dependent Agent vs. Independent Agent: When an Agent Creates a Permanent Establishment in Korea

How a Korean representative, distributor, or agent can trigger PE status without an office.

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Withholding Tax

Korean Withholding Tax Refunds Under Tax Treaties: A Walkthrough

How treaty-reduced withholding tax rates work in practice, and the process for reclaiming over-withheld tax from the NTS.

Full guide in progress
Pillar Two

Pillar Two in Korea: What Multinational Groups Need to Track

How Korea's global minimum tax rules interact with existing incentives, and the information-reporting obligations to watch.

Full guide in progress
Tax Controversy

Surviving a Korean Tax Audit: A Field Guide for Foreign-Invested Companies

What to expect when the NTS opens an audit, how to prepare documentation in advance, and common escalation paths.

Full guide in progress