Country tax profile · 2026
South Korea corporate tax
How South Korea taxes corporate
The standard corporate profits tax in South Korea is 25%. Progressive 10/20/22/25%. Plus separate local income surtax (1.0-2.5%), so top combined ~27.5%.
Compiled by MyNomadWorld for South Korea and currently being re-verified against primary sources. Confirm with a local adviser before relying on it.
How South Korea's corporate tax compares
South Korea's corporate tax of 25% is the 53rd highest of the 180 countries we track, against a global average of 21.2% and a Asia average of 19.2%.
Countries with a similar corporate tax
Equatorial Guinea (25%) · Eswatini (25%) · Guinea (25%) · Mauritania (25%) · Spain (25%) · Panama (25%)
Who is a tax resident of South Korea?
Domicile in Korea, or residence in Korea for 183 days or more in a tax year (new consecutive 183-day two-year rule from 1 Jan 2026).
Related South Korea taxes
Moving to South Korea?
Get matched with a vetted South Korea tax & immigration advisor who handles residency and the exit from your current country.
See advisors →South Korea corporate tax FAQ
What is the corporate tax rate in South Korea?
The standard corporate profits tax in South Korea is 25%. Progressive 10/20/22/25%. Plus separate local income surtax (1.0-2.5%), so top combined ~27.5%.