Globelise

Hire confidently and
compliantly in
South Korea

Hire, onboard and pay you global team anywhere in the globe!

Capital

Seoul

Currency

South Korean Won (₩, KRW)

language

Language

Korean

Timezone

UTC + 9:00

South Korea lies between the Sea of Japan, the Yellow Sea, and the East China Sea and is ranked 5th in the world on its Ease of Doing Business Survey 2017 by the World Bank.

South Korea is part of the ‘Four Dragons’ economic group, alongside Taiwan, Hong Kong, and Singapore, which are amongst the most high-tech and industrialised nations in Asia. Key industries that contribute to the economy of South Korea include high-technology manufacturing, shipbuilding, telecommunications, automotive and steel. South Korea is also growing rapidly in areas including biotechnology, internet services, and tourism, owing to its highly dedicated and skilled workforce.

How to build a team in South Korea

Employers need to follow the strict employment guidelines set forth by the local authorities before they could employ in South Korea. This process can be time-consuming as the company first needs a legal entity in the country and it needs to manage payroll, tax, benefits and compliance.

Global payroll solutions make it easy to find and hire top talent in South Korea. With one seamless integration and local legal entity, we take care of the compliance matters so that you can start your globelizing plan immediately.

Compliance risk

Risk of misclassification

South Korea worker classification labour and tax laws distinguish between contractors and full -timers. If the individual meets the legal definition of an employee but is classified as a contractor, your company will face penalties.

Let’s not make global expansion overwhelming.
Go global today!

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South Korea
Guide
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South Korea
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