Last Updated on November 15, 2023
Expanding into a new market like South Korea brings complexity in understanding foreign accounting practices and tax codes. KOISRA UP helps businesses entering South Korea by providing a specialized service package of accounting, bookkeeping, payroll, tax preparation, and corporate advisory services tailored to foreign companies.
To ensure full compliance in regards to tax and accounting matters, we only engage with experienced English-speaking bookkeeping firms and certified public accountants (CPAs) in South Korea who specialize in supporting foreign companies on international tax issues. Our clients get direct support and communications with our accountants and CPAs.
Our comprehensive service handles all your accounting, bookkeeping, reporting and financial management needs in South Korea:
- Corporate Income Tax Preparation and Filing
- Financial Statement Preparation (English/Korean)
- Custom Reporting in English / Client Templates
- VAT Management & Filing
- Ongoing Bookkeeping Managment
- Monthly Payroll Processing
- Korean Accounting Practices Advisory
Besides accounting and bookkeeping services which are directly communicated and provided by English-speaking Korean licensed accountants and CPAs, our service package includes full Corporate Administration Support on related administrative tasks like salary payments, bank account management, cash managment, daily communication with third parties such as government agencies and vendors, document preparation, VAT invoice issuances, and more.
It's important to mention that in South Korea, any registered business, privately held or incorporated, is required to have bookkeeping and accounting services from the first day of operation, even if there are no transactions.
Our experts act as your virtual accounting department, handling every aspect of accounting, payroll, taxes, banking, third-party communication and compliance in South Korea. Partnering with KOISRA UP gives you confidence that your taxation and regulatory obligations are met properly. We enable your finance team to focus on high-value projects and growth initiatives. Our priority is always safeguarding your Korean expansion and long-term success.
To learn more about our Accounting and Bookkeeping Services for foreign companies in South Korea, contact the experts at KOISRA UP today.
Looking for Bookkeeping & Accounting Support?
Call Us: +82-70-5038-4101, Send an Email or Leave us a Message in the form below. We will be happy to answer your questions!
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