Indirect tax ebook - Korea

The main indirect tax in Korea is the Value Added Tax (VAT). We can help national and international clients with all compliance and advisory work in VAT. We are committed to provide innovative solutions on a local and an international basis. In particular, we provide you with the following services

VAT compliance

VAT registration
Preparation of VAT returns
VAT refund claims’ submission for non-residents
VAT review
Assistance in tax inspection and appeal procedure

VAT advisory

Advisory services
Discussion with official bodies concerning the interpretation of tax rules
Assistance in applying for an interpretation of VAT issues from a tax office
Assistance in applying for an official binding ruling

VAT planning

Establishing VAT effective business structures in Korea

We serve almost all business sectors, for example

automotive sector
building sector
health sector
manufacturing and contract manufacturing
multi-level marketing and other distribution-structures
trade

VAT is headed by/please contact:

Dong-Bum Kim
Tax Partner
Daemyung Grant Thornton
T +82 2 2056 3706
E dongb.kim@dmgt.co.kr

Information about Korea

Last updated May 2012

This information has been provided by Grant Thornton Korea, a member firm within Grant Thornton International Ltd and is for informational purposes only. Neither Grant Thornton Korea nor Grant Thornton International Ltd can guarantee the accuracy, timeliness or completeness of the data contained herein. As such, you should not act on the information without first seeking professional tax advice.
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For further information on indirect taxes in Korea please contact Dong-bum Kim

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