Taxation

Non-resident taxation

 

Transation tax and Special Tax (Sell only)

Category
Tax Rate
Transaction Tax Securities Market
0.15%

- Stock certificates, Equity
- Warrants
  * Stock subscription certificate

KOSDAQ Market
0.30%
Special Tax Securities Market
0.15%
* Stock certificates
KOSDAQ Market
-

Income and Dividend tax

Category
Tax Rate
Tax Treaty Interest & Dividends Reduced Rate or 25%~27.5%* whichever is smaller
Non-Tax Treaty Interest & Dividends 27.50%

Tax Treaty

The government of Republic of Korea has entered into tax treaties with other countries to avoid double taxation, to prevent fiscal evasion on income and to motivate international trade and investment. Please refer to the following tax treaty table.

Category
Dividend
Interest
Australia
Austria
Bangladesh
Belgium
Brazil
Bulgaria
Canada
China
Czech Republic
Denmark
Egypt
Fiji
Finland
France
Germany
Greece
Hungary
India
Indonesia
Ireland
Israel
Italy
Japan
Kuwait
Malaysia
Mexico
Malta
Mongolia
Morocco
The Netherlands
New Zealand
Norway
Pakistan
Papua New Guinea
The Philippines
Poland
Portugal
Rumania
Russia
Singapore
South Africa
Spain
Sri Lanka
Sweden
Switzerland
Thailand
Tunisia
Turkey
United Kingdom
United States
Uzbekistan
Vietnam
15
10 or 15
10 or 15
15
15
5 or 10
15
5 or 10
5 or 10
15
10 or 15
10 or 15
10 or 15
10 or 15
10 or 15
5 or 15
5 or 10
15 or 20
10 or 15
10 or 15
5 or 10
10 or 15
5 or 15
10
10 or 15
0 or 15
5 or 15
5
5 or 12
10 or 15
15
15
10 or 12.5
15
10 or 25
5 or 10
10 or 15
7 or 10
5 or 10
10 or 15
5 or 15
10 or 15
10 or 15
10 or 15
10 or 15
15 or 20 or 25
15
15 or 20
5 or 15
10 or 15
10 or 15
10
15
10
10
10
10 or 15
10
15
10
10
15
10 or 15
10
10
10
10 or 15
8
0
10 or 15
10
0
7.5 or 10
0
10
10
10
5 or 10 or 15
10
5
10
10 or 15
10
15
12.5
10
10 or 15
10
15
10
0
10
10
10
10
10 or 15
10
10
12
10 or 15
10
12
5
10