Casual Conversations
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13
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Hi everyone,
I hope you had a good time during Seollal.
I have a quick question.
I just registered a business in Korea and heard that I need to report HomeTax every month on revenue or income. Does anyone know where I can do that on HomeTax?4 Comments-
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![Profile picture of syriusmia25]()
Hey,
Thanks for your advice. It’s good to know that I don’t need to update every month.
I’m also considering hiring an accountant to manage all my tax work, but I couldn’t find one who speaks English at reasonable price.
BTW, what do you mean by there will be more tax work when I hire employees?-
![Profile picture of ThxKorea]()
When you hire employees and pay their salaries, you will need to deduct pension, health insurance, employment insurance, and workers’ compensation insurance. The deduction rate varies depending on the employee’s salary and your business type/category.
We can introduce you to an accountant. Please send us an email at help@thxkorea.com-
![Profile picture of syriusmia25]()
Thanks for the explanation. Will send you email
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Hi everyone,
Does anyone know about cheap mobile carrier? I’m currently using SKT but heard there might be a cheaper SKT alternative. Any insights? 😄![Profile Photo]()
liked this
3 Comments-
![Profile picture of rapjays4]()
Yes, there are cheaper versions of mobile carriers available for all major carriers, called ‘Al-ddul-phone’ (알뜰폰).
The monthly bill is around 25,000 to 35,000 won.
And you can apply online-
![Profile picture of isbel1.godder]()
Oh, awesome! Thanks a bunch!
Quick question, do you know if I can transfer and keep my number? cuz that would be super convenient!-
![Profile picture of ThxKorea]()
Yes, you can keep and use the same number 🙂
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Hey folks! 😄
I’m moving to Korea this summer to study and looking for shared housing info in Seoul. Any tips? Also, do you think 1000 pounds/month is enough for rent and food?
Thanks🙏3 Comments-
![Profile picture of rapjays4]()
1000 pounds is about 1.7 million KRW, should be enough for your rent and food.
Rent is around 1 million KRW, and the rest can be spent on food-
![Profile picture of emily.j.traveler365]()
Thanks! Is the rent for shared housing? Are utilities included? 😄
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![Profile picture of ThxKorea]()
The average rent cost for a studio in Villa is around 1 million KRW with a month-to-month contract.
If you make a deposit, which you can get back at the end of the contract, the rent will be slightly cheaper.Utilities are separate, and in most residences, there is a monthly maintenance fee of around 100,000 KRW. Please…Read More
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Does anyone know the name of the outlet near Seoul? Is it worth visiting?
2 Comments-
![Profile picture of kingter1221]()
It’s the Paju Premium Outlet. I’ve been there a couple of times and bought shoes and clothes.
It’s not super cheap, but a little cheaper than regular retail stores -
![Profile picture of syri.sophia.88]()
Enjoyed the outlet visit, tons of shops! But kinda crowded ’cause it was the weekend. Try shopping on weekdays for a chill vibe 🙂
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Hello
I’m planning to move to Korea next year in Feb or Mar and considering finding a place in Itaewon or Gangnam.
Both areas seem safe and convenient to stay in.
Has anyone lived in either of these areas before? can you please recommend which area to choose?3 Comments-
![Profile picture of kingter1221]()
I lived in Itaewon a few years ago. The area is good if you are new to the country. It is relatively easier to communicate in English than in other areas
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![Profile picture of emily.j.traveler365]()
@iris-akamyakamy
I’m planning my move to Korea this summer. Have you already found a place to stay? Are you living alone or sharing accommodation? Could you give me an idea of how much your rent is?
Thanks so much! 🙏😊-
![Profile picture of iris.akamy]()
@emily-j-traveler365
No, not yet. I’m still looking. I’ve been searching for a shared house so I can gather information until I get used to the city. I’ve seen that the rental price is around 700-900k krw.
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Hi @syriusmia25
You do not need to update your revenue or income every month. It is required to be done every quarter if you generated revenue or income.
Also, I recommend hiring an accountant to handle all tax-related matters. Once you hire employees, there will be more things to take care of, and it will be more time-consuming for you.
The cost…Read More