Korean License Registration Tax Calculator
Pick a license class and region to calculate Korea's registration license tax and local education tax
South Korea levies an annual registration license tax (deungnok myeonheose) on individuals and companies holding business licenses or registrations as of January 1 each year. Choose your license class (Class 1 through 5) and where your business is located — major city, ordinary city, or county — and this calculator applies the Local Tax Act rate table to show the base tax, the local education tax (10% of the base tax), and your total bill. It's built for small business owners and prospective founders in Korea holding licenses for e-commerce, food service, construction, and similar sectors who want to know the cost in advance. All calculations run in your browser and nothing is sent to a server.
🔒 Everything runs 100% in your browser. Your files and input are never uploaded to any server.
How to use
- Select the class of the license you hold (or plan to register), from Class 1 through Class 5.
- Choose where your business is located: a major city (population 500,000+), an ordinary city, or a county/township.
- The base registration license tax, local education tax, and total amount due appear automatically at the top of the screen.
- Switch between license classes and regions to compare the estimated tax for each.
FAQ
- Who pays Korea's registration license tax, and when?
- It's assessed annually on individuals and companies that hold a business license or registration permit as of January 1 of that year.
- Why is a separate local education tax added?
- Under Korea's Local Tax Act, the registration license tax is accompanied by a local education tax equal to 10% of the base tax, so your final bill is the base tax plus that surcharge.
- Which class does an e-commerce business fall under?
- Online retail (tongsin panmaeeop) and general wholesale/retail businesses generally fall under Class 3. In a major city, that works out to a base tax of KRW 40,500 plus the 10% local education tax, for a total of about KRW 44,550.