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The corporate tax rate in Korea.



1. The corporate income tax rate in Korea is as below.
Net income amount(after various deduction)       corporate income tax rate
0~200 million      (KRW)                                                     9%
200 million ~20 billion                                                         19%
20 billion ~ 300 billion                                                         21%
300 billion ~                                                                        24%

2. The residence tax is 10% of corporate income tax.

3. The VAT(Value Added Tax) rate is 10% of the goods & services price.



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