South Korea

A global corporate services provider with local in-country expertise specialised in accounting, tax, compliance, payroll and human resources administration.

Why South Korea?

The logistics hub of Northeast Asia, the Republic of Korea (South Korea) has a vibrant economy and a reputation for excellence in technology-intensive industries, such as semiconductors, computers and shipbuilding. 

With the world’s 12th largest economy and a highly-skilled workforce, South Korea is a dynamic investment destination. It has enjoyed phenomenal growth over the last 50 years, and is now renowned for its entrepreneurial spirit as well as its arts and culture. 

The South Korean government offers many incentives to foreign investors, and the country is ranked the 4th easiest place in the world to do business by the World Bank. The economy is very export-orientated, and has strong trade ties with the world's major markets.

Our core areas of expertise

We provide a one-stop shop for multinational companies expanding into or already operating in Korea. We provide services including accounting, HR, payroll, and corporate secretarial, and can help with cash management, setting up or closing entities, and any other business process service support needed. We aim to take care of the administrative burden so that our clients can focus on their core business.

Our full range of services:

TMF Group helps companies looking to expand their operations in South Korea with:

  • Accounting and tax services: We take care of local statutory bookkeeping, full consolidated accounts and reporting and management reporting to relevant local and international standards.
  • Corporate secretarial: We can take care of recurring compliance filings, manage routine corporate changes and retrieve any official corporate documents from official registries.
  • Governance services: We help you stay compliant, manage your risk and regulatory obligations, including your local legal requirements for Common Reporting Standard (CRS), Foreign Account Tax Compliance Act (FATCA), Know Your Customer (KYC), CbCr notification, Master File / Local File and Ultimate Beneficial Owner (UBO) register. 
  • HR and payroll services: We help you to hire the right people, apply and implement international policies in employment contracts and handbooks, and pay your staff in compliance with local law.

We can get you set up, provide a single point of contact and take care of those non-core elements that keep your business moving, while you focus on developing your business.

About TMF Group South Korea office

TMF Group established its office in South Korea in 2012 with a strong team of specialists to assist its clients with their investments, both local and global. 

Our team is expert in accounting, corporate secretarial, payroll and HR. We serving clients both in Korea and around the world through TMF Group offices located in more than 80 countries. We help clients to reduce risks, be compliant and efficient, control costs and simplify operations.

We also provide a single point of contact, geographically and across service lines, which provides efficiency through working with fluent English-speaking specialists.

Get in touch with our offices in South Korea to discuss how to grow your Korean business

To find out exactly how we can help you, speak to our experts

We deliver tailored solutions to each precise location that allow you to operate smoothly from day one.

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