South Korea, is a sovereign state in East Asia constituting the southern part of the Korean Peninsula. South Koreans lead a distinctive urban lifestyle, with half of them living in high-rises concentrated in the Seoul Capital Area with 25 million residents.
Capital: Seoul
Currency: South Korean Won
Timezone: UTC+9
Corporate tax rate: 10-22%
Personal tax rate: 6-40%
Capital gains tax: 10-22%
VAT: 10%
Tax residence: 183 days rule: world income is taxed with some exceptions.
CFC Rules: Yes
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