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Expand your global workforce in South Korea flagSouth Korea

South Korea

SOUTH KOREA POPULATION

51,642,742

SOUTH KOREA LANGUAGES

  1. Korean

SOUTH KOREA CAPITAL

Seoul

SOUTH KOREA CURRENCY

Korean Republic won (₩) (KRW)

EOR Overview Thumbnail

Employer of Record in South Korea.

G-P’s employer of record (EOR) model allows your company to start hiring talent in minutes via our global entity infrastructure. G-P EOR is the award-winning, AI-powered SaaS platform that empowers startups, SMB, and enterprise businesses to build global teams. We handle the growing complexities of compliant global expansion — so you can focus on opportunities ahead.

As a global EOR expert, we manage payroll, employment contract best practices, statutory and market norm benefits, employee expenses, as well as severance and termination. You’ll have peace of mind knowing you have a team of dedicated employment experts assisting with every hire. G-P allows you to harness the talent of the brightest people in 180+ countries around the world, quickly and easily.

Payroll Overview Thumbnail

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 flagSouth 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.

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.

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 Subsidiary
Work Visas and Permits GuideAn illustrative card displaying information about work visas and permits, including visa types, requirements, and the application process.Work visas & permits inSouth Korea

South Korea Work 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.

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.

Disclaimer

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.

Expand in South Korea flagSouth Korea.

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