Tax Support Center
KPMG Samjong Accounting Corp. provides comprehensive knowledge services across all aspects of corporate management, including Audit, Tax, Deal Advisory, and Management Consulting.
Samjong KPMG is organized into specialized divisions covering key industries and services, with each division boasting a diverse pool of industry professionals, including Korean Certified Public Accountants. Currently KPMG is helping clients achieve success across 143 countries worldwide, providing optimal solutions through partnerships and technology collaborations with global companies.
Contact Us
TEL : +82-2-2112-7657 ㅣ E-mail : sohyeonjung@kr.kpmg.com
Jae-Young Huh, Partner
TEL : +82-2-2112-7692 ㅣ E-mail : jaeyounghuh@kr.kpmg.com
Tax
Support Center
Major Services
Accounting Services
Samjong KPMG's certified public accountants and experienced accounting and tax professionals utilize FlexSolutions to perform bookkeeping and financial statement reporting. We also provide comprehensive support for various financial accounting tasks, such as preparation of Korean and English financial reports and statutory financial statements for disclosure purposes, among other services.
- Bookkeeping and financial closing, HQ reporting, and external audit support
- GAAP Conversion and PA services
- Support for interface with ERP Systems (SAP, Oracle, etc.)
Tax Services
With the help of in-depth knowledge of tax laws and extensive practical experience, we at Samjong KPMG are able to provide optimal advisory services not only on numerous tax issues encountered during business operations but also on various tax returns.
- VAT, Corporate income tax, Withholding tax, Local tax returns
- Tax advisory services
- Global minimum tax filing (Pillar Two)
- Global Compliance Management Services (GCMS)
Payroll Services
Samjong KPMG supports a comprehensive payroll and HR management system utilizing FlexSolutions, covering everything from monthly payroll processing, income tax and social insurance filings to management of annual leave and overtime hours. Additionally, we provide an ERP-integrated system for payroll and HR interface solutions.
- Monthly payroll, year-end tax settlement, social insurances and tax filings
- Calculation of severance pay and retirement pension, and related tax filings
- ERP-linked payroll system and HR management support system
Fund Services
Samjong KPMG’s AAS team consisting of Certified Public Accountants and fund experts provides excellent fund services for various fund clients, including Real Estate Funds(REF), Private Equity Funds(PEF), Real Estate Investment Trusts(REITs), Project Finance Vehicles(PFV), and more.
- Specialized fund administration and accounting, tax, and advisory services for REF, PEF, REITs, PFV, and other investment funds
- Standard price calculation and disclosure of collective investment schemes
- Assistance with investors’ customized financial reports, both in Korean and English, and reporting to the foreign investors
- Preparation of business, operational, and investment related reports submitted to regulatory authorities, including the Financial Supervisory Service(FSS), Korea Financial Investment Association(KOFIA), and the Ministry of Land, Infrastructure and Transport(MOLIT)
Global Mobility Services
Leveraging KPMG’s global network, Global Mobility Services team provides income tax return filing and tax advisory services for both inbound and outbound assignees in accordance with the relevant home and host country regulations.
- Assistance of individual income tax return filing, reporting of foreign financial accounts (FBAR) and registration of the Taxpayers’ Association
- Filing of capital gains tax return and stock-based compensation transactions statement
- Tax diagnosis and advisory services related to international assignment programs, tax equalization policies set up, social security taxes, compensations, and tax strategy
- Application for visas and issuance of residence cards (ARC/alien registration cards)
Administrative Support Services
In addition to accounting, tax, and payroll services, we also provide a wide range of administrative support services necessary for clients' operational and financial activities.
- Support for payments of net salary, tax, and various expenses
- Support for establishment, closure, and liquidation of liaison office, branch, subsidiaries, and corporations
- Custody and management of corporate seals and bank accounts, etc.