Korean insights & regulatory updates - issue 16: August 2025

Introducing our new insights & regulatory updates for August 2025!

This publication highlights important changes affecting your business, including recent tax law updates, adjustments to the National Pension base salary, and updates to the commercial act.

Check out our issue 16 for updates on the following key areas:

Tax updates

Increase in revenue threshold for SMEs
Pillar 2 vs. Revenge Tax
Recent tax tribunal case
2025 tax reform proposal

HR & payroll updates

Adjustment in National Pension base salary

Audit & accounting updates

Exposure draft of amendments to K-IFRS 1109 and 1107
FSS plan for phased implementation of XBRL footnote disclosure for small and mid-sized listed companies