Imagine the Possibilities:
Advanced & Business-friendly.
South Korea
South Korea has grown rapidly in recent years to become a country with a technologically-advanced and industrialised economic environment. As Korea’s economy continues to expand, it can be challenging to keep up with its changing regulations. Let i-Admin’s extensive experience in providing quality and compliant payroll services, allow you to deliver timely payments and run your business without worry.
OUR SERVICES
PAYROLL OUTSOURCING
Hands-free payroll and HR solution
Highlights:
- Ensure accurate payments worry-free
- Reduce HR costs and admin burden
- Get payroll and stat reports, bank payment files and online payslips for your employees
- Gain access to a dedicated team of payroll experts
CUSTODIAL & LODGEMENT
Ensure statutory compliance
Highlights:
- Streamline payment processes so you can focus on your business
- Fulfill statutory requirements easily
- Ensure timely salary disbursements
- Guarantee accurate statutory payments and documentation filing
HR ADMINISTRATION
Online HR wherever you are
Highlights:
- staffAdmin, eLeave, eClaims, eTimesheet
- Runs complementary to ePayroll
- Fully integrated HR processes at a lower cost
- Online, web-based portal that you can access anytime, anywhere
ADMINBOOK
Business collaboration platform
Highlights:
- Secure online communication platform for your business
- Archive important team messages, conversations and documents
- Ensure confidentiality by setting security standards for your employees
South Korea Statutory Filings
Medical Insurance contributions
Employment Insurance contribution
Workers’ Compensation Insurance contribution
National Pension contribution
Maternity leave Declaration
Childcare leave Declaration
Foreign employee social insurance setup
South Korea Tax Filings
Income Tax
Residence Tax
Year-end settlement
Quarterly Tax Declaration for daily-paid employees
Foreign employee tax processing
Annual Leave Entitlement in South Korea
12 PUBLIC HOLIDAYS
15 – 25 LEAVE DAYS (based on service length)
Replacement days off must be given if an employee is asked to work on public holidays. The South Korea Labor Standards Act states 15 leave days as the minimum for employees who have served for at least 80% of the year. Annual leave is not legally required for businesses that have less than 5 employees.