Seoul Employment Outsourcing Services sel4ww

We provide the Services to recruit your Korean staff on behalf of you, not only located in Seoul but almost in major cities of Korea.

E-mail: sel4ww@evershinecpa.com
or
Contact us by WeChat or Skype or WhatsApp in the day-work-time of China (GMT+8)
The Engaging Manager from Headquarter
Ms. Judy Wang, CPA(Taiwan) Speak in both English and Chinese.
WeChat: Judy_Evershine
skype: Judy Wang

We provide the Services to recruit your Korean staff on behalf of you, not only located in Seoul, but almost in major cities of Korea.
If you have not any entity in Korea, you pay salary with expenses reimbursement from the overseas parent company to your local Korean individual employees, who will be bear risk without paying individual income tax to tax bureau.
Unless your local Korean individual employees have setup their own company, then you pay to the company, that will be no problem.
If your company still doesn’t want to set up a WFOE (Wholly Foreign Owned Entity) in  Korea due to some reasons, but you will recruit employees temporarily or by project base, we suggest you adopt this Korea Employment Outsourcing Services.
It means Evershine will recruit your  Korean local staff on behalf of your company.
And then we will take care of all kinds of relevant local services including of payroll compliance and expenditure process.
Besides, Evershine will fully comply with  Korean law and regulations on individual Tax, Statuary Social Benefit and Labor’s right.

We found that our services have another name so-called PEO (Professional Employer Organization) Service.

For Korean Local staff:
Your Korean local staff can be recruited by Evershine affiliated companies in almost major cities of Korea.

Service Coverage-for Korean Local Employees:
* Recruiting contract
* asking-leave arrangement and over-shift processing complied with Korean regulations
* Online Payroll Management System
* File for listing and delisting of Labor Insurance and Health Insurance
* Gross salary calculation based on fixed and non-fixed salary, Leave and Overtime
* Labor Insurance Charge paid by the company and employee
* Health insurance Charge paid by the company and employee
* Pension Fund Charge paid by the company and employee
* Withholding Tax
* Gross salary and net-cash salary
* Salary wire transferring services
* Delivering payment slip to each employee
* Accepting query from each employee.
* Annual accumulation salary income and withholding tax report to Tax Bureau.
* Year-end insurance premium certificate
* Severance pay application
* Semi-annual adjustment of insured caps and LPA caps.
* Laid-off arrangement complied with Korean regulations.

Reimburse Expenses of local Korean Employees:
Local  Korean Staff incur some expenses.
It might be tax-nondeductible, say it is A.
it might be categorized to be temporary salary of some individual, say it is B.
Finally, A minus B equals C. C become final tax-nondeductible expenses.
When your Korean local staff make expenses payment request from Evershine, It will bear corporate income tax because Korean tax bureau will get rid of C( final tax-nondeductible expenses).
Therefore you need to pay us 1.35 C to reimburse Evershine.

Service processes-for Korean Local Employees:
* Evershine will sign” Service Subcontract Agreement” with your company.
* Evershine will sign” Indemnification Agreement” among Evershine, your company and the local Employee.
*Evershine will sign “Labor Contract “with your local staff based on the term of your Employment Contract.
*Evershine will take care of these local employees complied with Korean regulations on Tax, Statuary social benefits and labor’s right.
*Evershine will take care of payroll calculation and expenditure payment request of these local staff. Then let you approve each payment and monthly payment sheet.
*Evershine will ask your company to pay us the fund before we pay salary and expenses to your local staff.
*Evershine will take care of wiring process to your Korean local staff.
*Evershine will take care of payroll compliance in Korea.
*When lay-off these local employee, Evershine will take care of it complied with Korean regulations.

Why clients use this Employment Outsourcing services to recruit Korean local Employees?
Timing
*When you need Korean help to do marketing or promotion for your products or services in Korea.
*When you need Korean help to do product sourcing, supplier sourcing and quality assurance before shipping in Korea.
*When you assign Korean to do Research and Development in Korea.
*When you want to compete government bidding and need Korean to prepare bidding documents.

Advantages:
*Adopting Evershine “Employment Outsourcing Services”, you need not to maintain a legal entity which surely significantly reduce company maintenance expenses.
*You can quickly to assign a person to reside in Korea because this decision will not need through BOD resolution from your Parent company site.
*Of course you can withdraw your activities from Korea very easily.

Disadvantages:
*Adopting Evershine “Employment Outsourcing Services”, when you pay us Employment cost of salary and tax-deductible employee expenses, it needs to add up 6% Value Added Tax according to Korean tax regulations.
*when you pay us the Employment cost of Employee’s expenditures,  if it belongs to non-tax-deductible expenses, it needs to add up about 35% ( Income tax rate + Value Added Tax rate) according to Korean tax regulations.
*That will increase your cost 6% (Korean VAT Rate) when compared with executing payroll compliance by your own Korean WFOE.

The conclusion is:
*When your employment is few people and short-term, you can adopt our Employment Outsourcing Services in Korea.
*And when your operation become stable and long-term, you need to set up your own WFOE in Korea.
*Remember we can provide payroll compliance services to you in both scenarios.

For Expatriates staff assigned from overseas parent company:
If you plan to assign expatriates to work in Korea, when applying for a resident certificate, expatriates need to show house-rent agreement with house owner.
Therefore. generally, instead of using employment outsourcing services,  it is better that you set up your own Korean entity.
However, in some scenarios, like in the city Seoul where are 100% Evershine-owned subsidiaries located, it will still work although it will be more complex.
Please send us your requirements by email. We will propose it case by case.

Contact Us

Seoul Evershine BPO Service Limited Corp.
E-mail: sel4ww@evershinecpa.com
or
Contact us by WeChat or Skype or WhatsApp in the day-work-time of China (GMT+8)
The Engaging Manager from Headquarter
Ms. Judy Wang, CPA(Taiwan) Speak in both English and Chinese.
WeChat: Judy_Evershine
skype: Judy Wang

or
For investment structure relevant with multi-national tax planning and Financial & Legal Due Diligence for M&A (Merge and Acquisition), send an email to HQ4sel@evershinecpa.com
Dale Chen, Principal Partner/CPA in Taiwan+China+UK will be accountable to your case.
Email address:dalechen@evershinecpa.com
Linkedin address: Dale Chen

Additional Information

Evershine CPAs Firm Headquarters
6th Floor 378 Chang Chun Rd., Taipei City, Taiwan ROC
Partner Kerry Chen,  USA Graduate School and a well-English speaker
Tel No.: +886-2-27170515 ext. 105
Mobile: +886-939357000
Email: kerrychen@evershinecpa.com
Skype: oklahomekerry

Evershine has 100% affiliates in the following cities:
Headquarter, Taipei, Xiamen, Beijing, Shanghai, Shanghai,
Shenzhen, New York, San Francisco, Houston, Phoenix Tokyo,
Seoul, Hanoi, Ho Chi Minh, Bangkok, Singapore, Kuala Lumpur,
Manila, Dubai, New Delhi, Mumbai, Dhaka, Jakarta, Frankfurt,
Paris, London, Amsterdam, Milan, Barcelona, Bucharest,
Melbourne, Sydney, Toronto, Mexico

Other cities with existent clients:
Miami, Atlanta, Oklahoma, Michigan, Seattle, Delaware;
Berlin, Stuttgart; Prague; Czech Republic; Bangalore; Surabaya;
Kaohsiung, Hong Kong, Shenzhen, Donguan, Guangzhou, Qingyuan, Yongkang, Hangzhou, Suzhou, Kunshan, Nanjing, Chongqing, Xuchang, Qingdao, Tianjin.

Evershine Potential Serviceable City (2 months preparatory period):
Evershine CPAs Firm is an IAPA member firm headquartered in London, with 300 member offices worldwide and approximately 10,000 employees.
Evershine CPAs Firm is a LEA member headquartered in Chicago, USA, it has 600 member offices worldwide and employs approximately 28,000 people.
Besides, Evershine is Taiwan local Partner of ADP Streamline ®.
(version: 2024/07)

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