







South Korea Personal Tax Rates
KRW
0 – 14,000,000
14,000,001 – 50,000,000
50,000,001 – 88,000,000
88,000,001 – 150,000,000
150,000,001 – 300,000,000
300,000,001 – 500,000,000
500,000,001 – 1,000,000,000
1,000,000,001+
Min
0
14,000,001
50,000,001
88,000,001
150,000,001
300,000,001
500,000,001
1,000,000,001
Max
14,000,000
50,000,000
88,000,000
150,000,000
300,000,000
500,000,000
1,000,000,000
NA
Tax Rate (%)
6.0%
15.0%
24.0%
35.0%
38.0%
40.0%
42.0%
45.0%
2025 tax year. National income tax rates only. Local income tax of 10% of national tax applies in addition. Source: PwC Worldwide Tax Summaries.
South Korea Company Tax Rates (FY2026)
KRW
0 – 200,000,000
200,000,001 – 20,000,000,000
20,000,000,001 – 300,000,000,000
300,000,000,001+
Min
0
200,000,001
20,000,000,001
300,000,000,001
Max
200,000,000
20,000,000,000
300,000,000,000
NA
Tax Rate (%)
9.0%
19.0%
21.0%
24.0%
FY2026 tax year. National corporate tax rates. Local income tax of 10% of national tax applies in addition. Source: PwC Worldwide Tax Summaries.
South Korea Personal Tax Rates
2025 tax year. National income tax rates only. Local income tax of 10% of national tax applies in addition. Source: PwC Worldwide Tax Summaries.
South Korea Company Tax Rates (FY2026)
FY2026 tax year. National corporate tax rates. Local income tax of 10% of national tax applies in addition. Source: PwC Worldwide Tax Summaries.
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How it works
We Become Your Accountant
Link your Bank Accounts
Link your business bank accounts or open an Afirmo Business Wallet to power our easy-to-use integrated accounting and tax tool.
Import your tax data into the Afirmo app to optimise our real-time tax calculations and reduce data entry. Always stay in control of your money.
AI Powered Expense Tracking
Monitor outgoings, automatically categorise expenses, track payables, and manage assets. Let the Afirmo app guide you to reduce your tax bill.
Use Afirmo Invoicing or Your Own
Create and track unlimited quotes and invoices with complete flexibility – use Afirmo’s sales invoices or your own software.
Customise them with your logo and products, and easily manage receipts and outstanding payments.
See your Income Tax & VAT liabilities in real time
See your Income Tax and VAT liabilities calculated 24/7 & set your tax deduction allowances. Always know what tax you need to set aside.
Save funds in your linked bank accounts to always stay ahead & use the Afirmo tax allowance calculator to maximise your tax deductions and reduce your tax bill.





