THIS CONTENT IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE LEGAL OR TAX ADVICE. You should always consult with and rely on your own legal and/or tax advisor(s). G-P does not provide legal or tax advice. The information is general and not tailored to a specific company or workforce and does not reflect G-P’s product delivery in any given jurisdiction. G-P makes no representations or warranties concerning the accuracy, completeness, or timeliness of this information and shall have no liability arising out of or in connection with it, including any loss caused by use of, or reliance on, the information.
Employer of Record in South Korea.
G-P’s Global Growth Platform™ makes it possible to start obtaining services in the South Korea in minutes via our global entity infrastructure – allowing your company to expand your global footprint without the hassle of entity setup and management. G-P provides services in South Korea for its customers through the assistance of one or more professionals capable of meeting the demands expressed by the customer.
You’ll have peace of mind knowing you have a team of dedicated experts to support your growth. G-P allows you to harness the talent of the brightest people in 180+ countries around the world, quickly and easily.
11Holidays per year
40hours per weekWorking hours per day or month
Payroll in South Korea.
South Korea is an economic powerhouse home to thriving companies such as Samsung and Hyundai. It’s a great place to expand to if you want to tap into a skilled workforce and grow your team. However, the country has some unique guidelines for setting up South Korea payroll that can make expansion difficult, but G-P is here to help.
Hiring in 
South Korea.
Many of South Korea’s employment compliance laws are defined in the Labor Standards Act. The country’s regulatory framework can often seem confusing, but our years of expertise in global expansion and local labor laws have equipped us with all the knowledge you need to grow your business with confidence. Here are a few key considerations to keep in mind when hiring and recruiting in South Korea.
Compensation & Benefits in South Korea.
Compensation & Benefits in South Korea.
When designing a compensation and benefits plan, companies need to consider the statutory minimums as well as local employees’ expectations. A solid benefits plan can help attract top talent and contribute to the overall success of your company in South Korea. Here are a few key considerations to keep in mind.
KRW1,914,440 per monthMinimum wage per month
15daysAnnual vacation leave (min)
South Korea Subsidiary.
South Korea offers several incentives for international investors to open a subsidiary in the country. However, you’ll still need to understand all the various regulations and laws to make sure you stay compliant.
South Korea Visas & Permits.
If your company is planning to scale in South Korea, you’ll need a talented group of employees to make the move. It can be challenging to obtain permits for international employees as South Korea has many temporary visa types, as well as 8 different work permit categories. This complexity can make it more difficult for companies to know what visas their workers need and how to obtain them; however, this general information should help get you started.
South Korea Contractors.
South Korea Contractors.
As your company takes on specialized projects, you may need to hire independent contractors to provide additional support and expertise. Fortunately, significant job market growth in South Korea has given rise to a promising pool of candidates. Keep these best practices in mind to stay compliant as you hire independent contractors.