Corporate Tax
25%
Income Tax
6-45%
VAT Rate
10%
Effective Rate
25%
Overview
Corporate tax rate is 25% for income over 300 billion KRW. Lower rates for smaller companies (10-22%). QDMTT applies from 2026.
Income tax rates range from 6% to 45%.
Tax Calculator
Overview
Corporate tax rate is 25% for income over 300 billion KRW. Lower rates for smaller companies (10-22%). QDMTT applies from 2026.
Income tax rates range from 6% to 45%.
Tax Brackets
0 - 14,000,0006%
14,000,000 - 50,000,00015%
50,000,000 - 88,000,00024%
88,000,000 - 150,000,00035%
150,000,000 - ∞45%
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