Asia-Pacific

Find work in South Korea

Republic of Korea — 51.7 million people, South Korean Won (KRW), Korean. Full employment compliance handled for you, paid every Friday.

Capital

Seoul

Population

51.7 million

GDP / capita

$33,150

Currency

KRW

South Korean Won

Time zone

UTC+9 (KST)

Employment law

Working in South Korea: what to expect

Key employment law provisions that affect your engagement. Corpshore handles compliance so you don't have to navigate this alone — but knowing your rights matters.

Standard workweek

52h max

40 hours (52 maximum including overtime since 2018 reform)

Annual leave

15 public holidays

15 days (after 1 year; increases by 1 day per 2 years, up to 25 days)

Maternity leave

90 days (120 for multiples), 60 days at full pay from employer + 30 days from employment insurance

Paternity leave

10 days, fully paid

Notice period

30 days (employer). No statutory notice for employee resignation.

Severance

Retirement pay: 30 days average wages per year of service. Mandatory for all employees with 1+ year tenure.

Overtime rules

50% premium (regular overtime), 100% (holidays/night). Maximum 12 overtime hours per week.

Probation period

3 months typical (contractual)

Tax overview

Tax landscape in South Korea

Indicative tax ranges for general orientation. Always consult a qualified tax advisor for your specific situation. Tax year: Calendar year.

Income tax
6% to 45% (plus local income tax at 10% of national tax)
Corporate tax
9-24% progressive
Social contributions
National Pension: 4.5% each. Health: 3.5% each. Employment: 0.9% employee + 1.15% employer. Long-term care: additional on health.
VAT / GST
10%

Treaty network

Over 90 tax treaties

Your fee is always zero

Corpshore charges the hiring business, never you. You receive 100% of the agreed rate, regardless of tax jurisdiction.

Weekly pay

How you get paid in South Korea

BOK-Wire+ handles large-value transfers. Smaller transfers via KFTC (Korea Financial Telecommunications & Clearings Institute). Toss and KakaoPay are popular mobile payments.

Bank transfer (BOK-Wire+)

Stripe Connect

Wise

Settlement

Every Friday

No net-30 waits, no chasing invoices

Platform fee

Zero, forever

The business pays Corpshore, never you

Currency

KRW

Local currency where supported

See all payment rails →

Compliance

Regulatory landscape in South Korea

Corpshore manages compliance so you can focus on the work. Here's what shapes the regulatory environment for workers in South Korea.

Worker classification

Labour Standards Act defines employee. Supreme Court applies multi-factor test focused on subordination and economic dependence. Platform workers increasingly covered by special legislation.

Data protection

Personal Information Protection Act (PIPA, 2011, significantly amended 2020 and 2023). PIPC (Personal Information Protection Commission) enforces. One of Asia's strictest privacy regimes.

Right to work

Work visa (E-series) required. Points-based system for skilled workers (E-7). IT and engineering visas have streamlined processes.

Non-compete enforceability

Enforceable if reasonable. Courts assess trade secret protection, compensation, and duration. Compensation is expected.

Collective bargaining

Protected under Trade Union Act. KCTU and FKTU are the two major confederations. Union density ~14% but concentrated in heavy industry and public sector.

Country context

Working culture in South Korea

Business culture

Hierarchical (influenced by Confucian values), fast-paced (ppalli-ppalli culture: quickly-quickly), and relationship-oriented. Drinking culture (hoesik: team dinners) is part of business. Age and seniority matter. K-culture exports have softened global perceptions.

Key industries

Semiconductors (Samsung, SK Hynix)
Automotive (Hyundai, Kia)
Shipbuilding
Electronics
Entertainment (K-pop, K-drama)
Battery technology

Talent pool strengths

Semiconductor engineering
Software engineering
AI research
Battery technology
Gaming (NCSOFT, Nexon, Krafton)

Historical context

South Korea's transformation from a war-devastated economy (GDP per capita below Ghana's in 1960) to the world's 10th-largest economy is the 'Miracle on the Han River.' Government-directed industrialisation, massive investment in education (97% university attendance rate), and chaebol-led export growth created a technological powerhouse. Samsung alone accounts for ~20% of Korea's exports.

At a glance

Official name
Republic of Korea
Languages
Korean
Time zones
UTC+9 (KST)
Data region
Asia-Pacific

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