Employ and run payroll with ease in

South Korea
south-korea flag

Make employment in South Korea easy. Let us handle payroll, benefits, taxes, compliance, and even stock options for your team in South Korea, all in one easy-to-use platform.

Book a demo
Services available in this country:
Employer of Record ProductContractor ManagementPayroll
  • Capital City

    Seoul

  • Currency

    South Korean won (₩, KRW)

  • Languages

    Korean

  • Population size

    51,709,098

Services available in this country:
Employer of Record ProductContractor ManagementPayroll
A city with tall buildings and a purple sky.
Grow your teamTaxesTypes of leaveEmployment TerminationBenefits Guide

Taxes in South Korea

Learn how employment taxes and statutory fees affect your payroll and your employees’ paychecks in South Korea.

Learn how employment taxes affect your payroll and your employees’ paychecks in South Korea.

1.15%Industrial Accident Compensation Insurance is calculated at 4.50% of the base monthly pay which is capped at 5,900,000.
4%National Health Insurance Contribution is calculated at 4% of the base monthly pay (NHI: 3.54% + LTCI 0.46%). A monthly cap of 3,653,550 applies.
1.15%Employment insurance is calculated at 1.15% of the base monthly pay.
0.4590%Long-term care Insurance is calculated at 0.4590% (12.95% of the NHI contribution rate) of the base monthly pay. A monthly cap of 3,653,550 applies.