Global Mobility Services (GMS)

We see many companies face employment issues especially in relation to international assignment programs. With many years of experience in GMS field, we proudly offer tax strategies and advisory services that can help international assignment program in a cost efficient manner.

How we can assist you

I. Foreign employees assigned to Korea by foreign companies (Inbound)

  • Advise Korean tax compliance issues for foreign employees assigned to Korea (Entry tax interview)
  • Review Korean withholding tax requirements for the company
  • Prepare and file Korean global income tax returns (due May 31 for the previous year’s earnings)
  • Advise on share (equity) based compensation including stock options, and restricted stock units, etc.

 

II. Korean nationals assigned to overseas (Outbound)

  • Advise potential Korean tax and social security issues during the assignment (Exit tax interview)
  • Analyze and estimate income tax parables
  • Calculate hypothetical tax, actual tax, and year-end tax settlement
  • Advise and develop Tax Equalization (TEQ) policy
  • Advise on share (equity) based compensation including stock options, and restricted stock units, etc.

Leave a Reply

Your email address will not be published. Required fields are marked *