The Republic of Korea

South Korea is an East Asian country that occupies the southern half of the Korean Peninsula. It is a developed country with the world’s tenth largest economy by nominal GDP.
Contractor Management
EOR
Payroll
Contractor of Record
Currency
South Korean won (KRW)
Payroll Frequency
Monthly
Employer Taxes
16.34% to 34.84%

Overview

Population
51,709,098
Language
Korean
Capital
Seoul
Currency
South Korean won (KRW)
Country code
+82
Min wage
8,720 KRW per hour
Working hours
8 hours per day
Weekdays
Monday to Friday
Work hours per week
40 hours per week

Payroll

Salaried Employees
Time-Based Employees
13th Salary
Avg employer tax

16.34% - 34.84%

Tax Breakdown

  • National pension: 4.50% (taxable monthly income capped at 5,030,000.00 KRW)
  • National health insurance: 3.83% (monthly contribution capped at 7,047,900.00 KRW)
  • Employment insurance: 1.05% - 1.65%
  • Long-term care insurance: 5.76% (monthly contribution capped at 345,600 KRW)
  • Worker accident compensation insurance: 0.70%-18.60% (rate depends on the type of business)
  • Resident tax: 0.50%

VAT

VAT

13%

Tax Calculation for Korea South
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KR
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Employer cost
Total monthly cost of employment
GBP 9,633
Gross monthly salary costs
GBP 8,334
Estimated taxes and contributions
GBP 8,334
Employee cost
Net monthly salary
GBP 5,137
Gross monthly salary
GBP 8,334
Estimated taxes & social security
GBP 8,334
Employer cost
Total yearly cost of employment
GBP 9,633
Gross yearly salary costs
GBP 8,334
Estimated taxes and contributions
GBP 8,334
Employee cost
Net yearly salary
GBP 5,137
Gross yearly salary
GBP 8,334
Estimated taxes & social security
GBP 8,334
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How it works

Onboarding Process

Onboarding in Korea South typically includes the following steps to ensure a smooth transition for new hires:

Pre-boarding

Pre-boarding

Pre-boarding

Key Elements of an Employment Contract in Korea South
When drafting an employment contract for employees in Korea South, the following key elements should be included:

Personal Details

Name, contact information, and role of the employee.

Employee Leave Policies

Sick days

South Korean workers are not entitled to statutory sick leave.

Maternity leave

All female employees are entitled to 90 days of paid maternity leave, which is covered by a range of government and employer payments the relative divisions of which are determined by the company’s size. Maternity leave is normally split into 45 days before the due date and 45 after. In the case of complicated or multiple births, paid maternity leave is increased to 120 days.

Paternity leave

Paid paternity leave is set at 10 days, with five paid by the employer and five by the government. The 10 days must be taken within the first 90 days after the child is born.

Annual Leave
Public holidays in Korea South
  • 1 Jan: New Year's Day
  • 1 Feb to 3 Feb: Seollal
  • 1 Mar: March 1st Movement Day
  • 5 May: Children's Day
  • 8 May: Buddha's Birthday
  • 6 Jun: Memorial Day
  • 15 Aug: Liberation Day
  • 9 Sep to 11 Sep: Chuseok
  • 3 Oct: National Foundation Day
  • 9 Oct: Hangeul Day
  • 25 Dec: Christmas Day

Termination Process

There is a standard process for termination of employment in South Korea. The process requires employees to give justifiable reasons or to prove that there is an urgent managerial need for the termination.

Personal Details

Name, contact information, and role of the employee.

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Grow Your Team in Korea South
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The Republic of Korea

South Korea is an East Asian country that occupies the southern half of the Korean Peninsula. It is a developed country with the world’s tenth largest economy by nominal GDP.
Contractor Management
EOR
Payroll
Contractor of Record
العملة
South Korean won (KRW)
تردد الرواتب
Monthly
ضرائب أصحاب العمل
16.34% to 34.84%

نظرة عامة

التركيبة السكانية
51,709,098
اللغة
Korean
العاصمة
Seoul
العملة
South Korean won (KRW)
رمز الاتصال الدولي
+82
الحد الأدنى للأجور
8,720 KRW per hour
ساعات العمل
8 hours per day
أيام الأسبوع
Monday to Friday
ساعات العمل اسبوعيا
40 hours per week

الرواتب

الموظفون برواتب ثابتة
الموظفون بنظام الأجر الزمني
13th Salary
متوسط ​​ضريبة صاحب العمل

16.34% - 34.84%

تحصيل الضرائب

  • National pension: 4.50% (taxable monthly income capped at 5,030,000.00 KRW)
  • National health insurance: 3.83% (monthly contribution capped at 7,047,900.00 KRW)
  • Employment insurance: 1.05% - 1.65%
  • Long-term care insurance: 5.76% (monthly contribution capped at 345,600 KRW)
  • Worker accident compensation insurance: 0.70%-18.60% (rate depends on the type of business)
  • Resident tax: 0.50%

ضريبة القيمة المضافة

ضريبة القيمة المضافة

13%

حساب الضريبة في The Republic of Korea
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تكلفة صاحب العمل
إجمالي تكلفة التوظيف الشهرية
GBP 9,633
إجمالي تكاليف الراتب الشهري
GBP 8,334
الضرائب والمساهمات المقدرة
GBP 8,334
تكلفة الموظف
صافي الراتب الشهري

GBP 5,137
الراتب الشهري الإجمالي
GBP 8,334
الضرائب المقدرة والضمان الاجتماعي
GBP 8,334
تكلفة صاحب العمل
إجمالي تكلفة التوظيف السنوية
GBP 9,633
إجمالي تكاليف الرواتب السنوية
GBP 8,334
الضرائب والمساهمات المقدرة
GBP 8,334
تكلفة الموظف
صافي الراتب السنوي

GBP 5,137
الراتب السنوي الإجمالي
GBP 8,334
الضرائب المقدرة والضمان الاجتماعي
GBP 8,334
اطلب عرض أسعار تفصيلي
كيف تعمل الخدمة

عملية الانضمام

تشمل عملية التوظيف في The Republic of Korea عادة الخطوات التالية لضمان انتقال سلس للموظفين الجدد:

Pre-boarding

Pre-boarding

Pre-boarding

العناصر الأساسية في عقد العمل في The Republic of Korea
عند إعداد عقد عمل للموظفين في The Republic of Korea يجب تضمين العناصر الأساسية التالية:

Personal Details

Name, contact information, and role of the employee.

سياسات إجازات الموظفين

الإجازات المرضية

South Korean workers are not entitled to statutory sick leave.

إجازة الأمومة

All female employees are entitled to 90 days of paid maternity leave, which is covered by a range of government and employer payments the relative divisions of which are determined by the company’s size. Maternity leave is normally split into 45 days before the due date and 45 after. In the case of complicated or multiple births, paid maternity leave is increased to 120 days.

إجازة الأبوة

Paid paternity leave is set at 10 days, with five paid by the employer and five by the government. The 10 days must be taken within the first 90 days after the child is born.

Annual Leave
عطلات رسمية في The Republic of Korea
  • 1 Jan: New Year's Day
  • 1 Feb to 3 Feb: Seollal
  • 1 Mar: March 1st Movement Day
  • 5 May: Children's Day
  • 8 May: Buddha's Birthday
  • 6 Jun: Memorial Day
  • 15 Aug: Liberation Day
  • 9 Sep to 11 Sep: Chuseok
  • 3 Oct: National Foundation Day
  • 9 Oct: Hangeul Day
  • 25 Dec: Christmas Day

عملية إنهاء العقود

There is a standard process for termination of employment in South Korea. The process requires employees to give justifiable reasons or to prove that there is an urgent managerial need for the termination.

Personal Details

Name, contact information, and role of the employee.

_'s Booming Remote Workforce

Challenges of Remote Hiring in _

Simplifying Remote Hiring in _ with RemotePass 

نمِّ فريقك في The Republic of Korea
مع ريموت باس
يصبح بناء فريق عالمي وتوسيعه مهمة سهلة مع ريموت باس. منصتنا تبسّط تعقيدات التوظيف والرواتب والامتثال القانوني في أكثر من 150 دولة، بما في ذلك The Republic of Korea.

مع ريموت باس، يمكنك ضم الموظفين الدوليين بسرعة، وإدارة الرواتب، وضمان الامتثال القانوني، وتقديم مزايا تنافسية — كل ذلك من مكان واحد. ركّز على تنمية أعمالك، ودع المهام الإدارية والقانونية علينا.

تجربة مجانية لمدة 7 أيام

لا حاجة لبطاقة ائتمان

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