Companies often face difficulties when it comes to expanding their operations off-shore. Establishing or expanding upon a multinational corporation is no small feat and requires extensive knowledge and understanding of local business and financial regulations.
Fortunately, Calibre Business Advisory is able to assist. Whether you are simply exploring the idea of conducting business in Korea, or look for an English speaking accountant — Calibre Business Advisory’s experienced team of business and financial specialists are here to help.
Advantages of working with our local team in Korea
South Korea presents as a unique business environment, and it takes a skilled and experienced team to navigate this landscape. Calibre Business Advisory understands that nothing can substitute local knowledge and our team of 18 accredited advisors and 26 qualified accountants are available to assist you across all of your business needs.
Our client portfolio is extensive and features multinational enterprises and established international businesses such as Herman Miller, Incora, IMC, Rapiscan Systems, Vena Energy, Cover Genius and Indra Navia.
Our English speaking team’s skills, knowledge, and established network will assist your company not only survive, but thrive within a competitive business environment.
What our company can deliver to your business
Calibre Business Advisory understands that our clients have complex needs and will best benefit from comprehensive, tailored services. Our office in South Korea is able to provide assistance across all areas of business, including tax compliance, payroll services, and audit and assurance.
While the information our experts provide is personalised for the South Korean business sector, we also understand that many of our clients have a global reach and presence. Within South Korea we have represented businesses from the US, Kuwait, Germany, Italy, New Zealand and Australia. Aside from our Seoul office, we also have established operations in Sydney, Singapore, Hanoi, Beijing and Tokyo. Wherever your business takes you, we will be there to assist.
Within South Korea, our services include:
Business advisory
- Virtual accounting
- Virtual corporate secretary
- Virtual CFO/Controller services
- Virtual treasury officer
Tax compliance
- Inbound and outbound tax planning and structuring
- Tax audit solutions
- Tax controversy and dispute resolution
- Application for ruling
- Inheritance and gift tax advisory
- Transfer pricing
Payroll services
- Monthly payroll processing
- National social insurance — on boarding, off boarding and compliance
- Monthly withholding tax return
- Monthly resident tax — employee portion
- Employee exit procedures, compliance and tax filings
- Year-end tax reporting
Audit and assurance
- Financial statements auditing and preparation
- Assistance with preparations for statutory audits or reviews
- Agreed-upon procedures engagements
- Internal control reviews
- Financial due diligence
- Government grant and acquittal auditing
- Mentoring of finance teams
Many of these services require in-depth knowledge of local financial legislation. The experience of our team ensures that your business is in safe hands and all operations will be conducted in accordance with South Korean financial regulatory requirements.
With genuine expertise and experience working with companies of all shapes and sizes — including multinational enterprises and international businesses — Calibre Business Advisory are dedicated to helping our clients succeed. Our qualified, well-informed team of business advisors and accountants in Korea are at the forefront of the Seoul business sector and use their skills to directly benefit you and your business. Contact us today to find out more.