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Korea Presidential Election 2025: Polling Day on 3 June to Be a Public Holiday
The Republic of Korea has officially announced that Polling Day for the 2025 Presidential Election will take place on Tuesday, 3...
14 hours ago


Social/ Health Insurance Ceiling Limit Changes
As of January 1, 2025, the ceiling limit for monthly health insurance remuneration has increased. The new maximum combined amount for...
Feb 6


Update to Korea Local Tax Act Regarding BPT
Previously, the required tax payment was calculated on an average basis of 150 million for 12 months. Effective January 1st, 2025, this...
Feb 5


National Pension BV change
Maximum and Minimum Base value, each employee’s Base values are changed. Effective from July 1, 2024 Changed BV are effective from July...
Jun 25, 2024


Calculation method changes of unemployment and IACI for new hire
Effective from January 1, 2024 There is no prorate calculation of unemployment and IACI for new hire if the hire date is not 1st of the...
May 16, 2024
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